The EU may face Energy Crisis in The Short Term

Leading energy experts at this conference in Brussels have been casting a critical eye over the European Union's energy policies. There is a plan to establish a so called energy union with the aim of developing better cooperation between the EU's 28 member states to ensure security of energy supply. However, some experts believe it may not work.

The EU depends on Russia for most of its gas and much of its oil. The supply is essential to generate electricity, operate businesses, run vehicles and heat homes. Legislators say the EU is in disarray when it comes to sharing indigenous energy supplies.