Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-780-500"
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"en.20110308.32.2-780-500"2
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"Gas supply security will depend, in future, not only on the EU’s relations with third-country gas producers, but also on the development of gas production in the EU. Investing in technological development in the area of extracting natural gas from alternative sources could make a vital contribution in the future to reducing dependency on gas imports.
I think that the potential existence and extraction of shale gas in Europe must not be ignored and I expect the Commission to prepare a technical and economic study on the feasibility of extraction. There are various sources of funding available in Europe which can support Member States in making the necessary investment in infrastructure, production and in measures aimed at achieving energy efficiency at regional and local level. These include, in particular, loans and guarantees from the European Investment Bank, or finances available via regional, structural or cohesion funds. Based on these financing instruments and within the budget outlook for 2014-2020, the Commission must also identify a financing solution for exploiting gas from alternative sources, which could have a far-reaching impact on the European gas and energy market."@en1
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