Abstract What are the potential strengths and weaknesses in the current reconstruction of foresight at the EU level? In questioning foresight's institutionalisation processes from both a historical and a political sociology perspective, the article claims that charting the future is an issue of political power and that, hence, foresight's institutionalisation can never be taken for granted. More precisely, we identify two factors that determine how such process plays out. First, it depends on the definition and importance of the future according to specific contexts (war, economic or health crisis, periods of growth, etc.). Second, this changing definition intertwines with socio‐institutional structures and agents that are crucial for this institutionalisation to be sustainable. The analysis is twofold. First, we provide an overview of past international experiences of projections into the future (both foresight and forecast). Second, we illustrate how these issues may resurface and rebound within the EU’s unique power context.