Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-10-22-Speech-1-072"
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"en.20071022.13.1-072"2
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"Mr President, addressing concerns about energy supply is one of the major and most important issues facing the European Union, linked as it is with concerns about climate change. Security of supply and rising cost, with prices up 100% in the last five years, are major worries.
Well, for Ireland the challenges are particularly great. We face growing demand for energy and yet a high dependency on imported fossil fuels. We are 90% dependent. We need to invest heavily in our infrastructure, work towards liberalising the market and reduce our carbon emissions.
Parliament is looking at an action plan on implementing energy policy for Europe. Within Ireland we are establishing an all-Ireland energy market with the merging of electricity markets north and south. That is positive, but it is not enough. The scale of the market is too small. To achieve a harmonised energy market, inter-connection with the rest of the European Union is vital for Ireland – but that will cost money, and I would urge the Irish Government to look at the use of cohesion funding to make that investment, because it is necessary for the continuation of Irish economic growth."@en1
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