European Council discusses Energy Union
The European Council adopted Conclusions on the Energy Union at its meeting on 19 March 2015.
The Council agreed that the EU institutions and the Member States will take work on the Energy Union forward, and that the Council will report to the European Council by December 2015. In addition, the Council highlighted some aspects of the Energy Union which it considers particularly important, among them the deveopment of "an energy and climate-related technology and innovation strategy, including for example on the next generation of renewables, on electricity storage and carbon capture and storage, on improving energy efficiency in the housing sector as well as on sustainable transport".
The Latvian Presidency's Prime Minister Laimdota Straujuma and European Council President Donald Tusk shared the view that the process of establishing the prospective European Energy Union should be transparent. At the start of the meeting, European Parliament President Martin Schulz addressed the Heads of State and Government. He also welcomed the plans for an energy union, calling it a “historic project on a par only with the Coal and Steel Community”, adding that affordable and accessible energy is vital, and noted that the cheapest and cleanest energy is the one not consumed in the first place.
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