Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-01-14-Speech-3-352"
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"en.20090114.17.3-352"2
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"Mr President, it is almost uncanny how history has repeated itself over the interruption of gas supplies through Ukraine at this time of year. Yet we should not be surprised, for when better to catch people’s attention, especially during a cold spell?
It is not difficult to figure out the Russia agenda in all this, but I was particularly struck by the idea floated in the press that Gazprom urgently needs to make a deal based on higher gas prices, linked to last year’s oil price high, before those gas prices come down following the oil price fall.
Be that as it may, the implications remain the same as three years ago. EU Member States are at risk of over-dependence on gas imports from one dominant supplier. It is no longer good enough to say that we need Russian gas and they need our hard currency, so the trade is safe. We need to take action to safeguard security of supply.
Member States must bite the bullet and be prepared to pay for adequate gas storage facilities and stocks. Agreeing a level of how many days’ supply constitutes a reasonable reserve would be a good start. Diversifying supplies is another obvious step to take and the construction of LNG terminals around Europe is a good example. Looking at the Nord Stream and Nabucco pipeline projects in a more favourable light seems logical. We need to redouble efforts to improve efficiency and increase conservation of energy in electricity consumption – both in industrial use and domestic consumption. There are huge savings to be achieved.
Above all, we need to rebalance our energy mix and to do so with the twin objectives of security of supply and climate change policy. By increasing the share of electricity from renewables, nuclear energy and clean coal technology, we can do both, but each of these options takes time to deliver and, in the mean time, we must tackle improving energy efficiency with urgency and imagination."@en1
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