Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-530-750"
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"en.20110705.34.2-530-750"2
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"I welcome the adoption of this report, which is undoubtedly a step towards an EU energy policy promoting the successful interconnection of energy networks between Member States across national and regional borders. In order to address major challenges in the development and security of energy infrastructure in Europe, the European Parliament wished to adopt an own-initiative report in anticipation of the legislative proposal concerning a new European instrument in this field. Interconnection capacity or its availability between Member States still remains insufficient in one-third of the Union. Modernisation, cross-border interconnection and timely adaptation of energy infrastructure are essential to achieving the energy objectives for 2020, especially those concerning the share of renewable energy sources in the energy mix of Member States.
Market-based tools and the user-pay principle should remain the basis for financing energy infrastructure. However, the rapporteur realistically identified criteria defining projects ‘of European interest’ likely to obtain public finance, which has to result in an innovative mix of financial instruments that levers private investment."@en1
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