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18 Mar 2015

EC Vice-President Šefčovič highlights issues to address in Energy Union

On 17 March 2015, Maroš Šefčovič, European Commission Vice-President responsible for Energy Union, spoke about the European Commission's recently launched Energy Union Strategy at EUFORES, the 15th Inter-Parliamentary Meeting on Renewable Energy and Energy Efficiency, in Vienna, calling the Strategy "the most ambitious energy project since the European Coal and Steel Community of the 1950s".

According to the Vice-President, implementing the Energy Union will require cooperation at European, regional, national and local level, taking action in the five dimensions outlined in the Strategy: securing energy supply; building a single energy market (as a "fifth European freedom"); increasing energy efficiency; decarbonising the economy; and investing in innovative renewable sources of energy.

As three issues the Commission intends to address in particular, Vice-President Šefčovič mentioned tapping the full potential of energy efficiency of buildings; paying more attention to initiatives at local level, e.g. smart cities; and developing an energy and climate-related technology and innovation strategy "to maintain Europe's global leadership and competitiveness in low carbon technologies". The Commissioner stressed that "Europe has all the necessary elements to become a global hub and a world leader in renewable technologies" and said that Europe needs to "better focus our research and innovation policies, we must create synergies between energy and ICT (very appealing to young people), and between research and industry. New industries will emerge that will strengthen our economy and further support job creation across Europe."

The Energy Union is on the agenda for the European Council next week.

For more information:

European Commission press release: Vice-President Šefčovič' speech

Energy Union Package

Foto: Vice-President Maroš Šefčovič (European Commission)

 

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