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It is a tough question without a static answer. Aberdeen, Scotland is the most important city to the fossil fuel industry, specifically oil and gas production from the North Sea. However, the "Rotterdam-Amsterdam-Antwerp" area of the Benelux region hosts the largest petroleum refining capacity in Europe. As the energy market is highly regulated in European countries, all capital cities (such as Madrid, Berlin, Paris and Rome) serve important roles in the business and politics of domestic energy matters.

As the energy economy evolves, new European cities will identify niche energy markets and adapt accordingly. For example, Seville, Spain is a well-known leader in the solar industry, as are German cities like Munich. Copenhagen, Denmark might be known as the "wind energy capital of Europe" for its promotion and production of wind power. While London, England houses the European Climate Exchange the financial services component of alternative energy will thrive there. And cities like Vienna, Austria and The Hague, Netherlands (in hosting the International Atomic Energy Agency and The World Court, respectively) are instrumental in crafting international energy policy.

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