The European Commission will send an unprecedentedly clear warning to the EU member states on Wednesday 10 November 2010, that without strong new policy initiatives the EU’s existing energy and climate strategy is currently unlikely to achieve the 2020 targets, and it is wholly inadequate to the longer term challenges concerning energy and climate-change objectives.
The communication: “Energy 2020 – A strategy for competitive, sustainable and secure energy”, is expected to identify the need for energy investments in the order of €1 trillion over the next ten years. The Commission is expected to underline that Europe is lacking the grid infrastructure to enable renewable energy to develop and compete on an equal footing with traditional sources. The Commission is expected to send on Wednesday another very clear warning: that the security of internal energy supply is undermined by delays in investments and technological progress, and will be further undermined if electricity grids are not upgraded, obsolete plants are not replaced and energy is not used more efficiently throughout the whole energy chain.
(source EWEA)
The communication: “Energy 2020 – A strategy for competitive, sustainable and secure energy”, is expected to identify the need for energy investments in the order of €1 trillion over the next ten years. The Commission is expected to underline that Europe is lacking the grid infrastructure to enable renewable energy to develop and compete on an equal footing with traditional sources. The Commission is expected to send on Wednesday another very clear warning: that the security of internal energy supply is undermined by delays in investments and technological progress, and will be further undermined if electricity grids are not upgraded, obsolete plants are not replaced and energy is not used more efficiently throughout the whole energy chain.
(source EWEA)
