Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-18-Speech-2-414-000"
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"en.20110118.18.2-414-000"2
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"As you said, it is correct that EUR 200 billion of investment is needed for gas infrastructures and power grids up to 2020. It is estimated that EUR 100 billion of this total investment need will be delivered on time by the market alone, whereas the other EUR 100 billion will require public action on permitting and leveraging the necessary private capital.
That is why we are now proposing, for instance, unbundling. We are proposing many measures that will make this private investment more rational and more useful. We will also take a closer look at tariff regulation practices in order to liberate adequate cost allocation principles.
To fill the remainder of the gap, the Commission proposes a new financial instrument to support projects of European interest for the new financial perspective after 2013. Beyond grants, innovative market-based solutions may be proposed such as equity participations, guarantees and public-private partnership loans. As you know, I already spoke about European funds through project bonds specifically designed for this kind of project."@en1
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