Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-04-Speech-1-247-500"

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"The Commission Communication published in November 2010, ‘Energy infrastructure priorities for 2020 and beyond’, addresses the main challenges facing the EU’s electricity and gas infrastructure, which will help achieve a single energy market and a high level of energy supply security. The obsolete TEN-E instrument obviously needs to be replaced with new legislation on energy security and infrastructure, which should produce solutions for the necessary funding as well. More than EUR 200 billion are required by 2020 for gas pipelines and electricity grids alone. The report from the Committee on Industry, Research and Energy is aimed in particular at presenting the European Parliament’s position regarding the expected new legislative proposal. First of all, it confirms the four priority corridors for electricity and the three corridors for the gas sector, while also suggesting a way to make the most of the limited financial resources. This is done mainly through clear rules for acquiring the status of a ‘project of European interest’ for which even public funding can be obtained. I welcome the detailed criteria drawn up for projects with European aspects, which will help increase the level of market integration, eliminate shortcomings in interconnections and end dependence on a single supplier. ‘More Europe’ in the energy sector means more solidarity in Europe and more benefits for citizens."@en1

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