Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-06-13-Speech-3-272"

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"Mr President, diversification is the key word for the Commission and the rapporteur with regard to the European Union’s energy supply. That is one of the ways of preventing greater dependence on imported oil. First of all, the dialogue with oil-producing countries could lead to a greater diversity of suppliers. This welcome spreading of risk prevents individual countries from assuming too much power in the European oil supply. In addition, the Commission and rapporteur are using the dialogue as an instrument for more stable price development. However, this is easier said than done. Moreover, both the use of strategic supplies and excise measures are not sufficiently convincing as price instruments. The risk is that these price instruments might only delay the synchronisation of supply and demand because the market does not highlight the incentives sufficiently. There are solutions other than price management. For example, it could be examined whether a greater surplus capacity in the refineries could offer solace. Greater capacity can meet an increase in demand without the immediate need to put the prices up. Thirdly, diversification according to the type of energy source is necessary, as proposed by the Commission and rapporteur. That is why other energy sources need to replace natural oil in the sectors where that is possible. Natural gas and renewable energy sources can thus contribute to a greater diversity of supply. Despite this, sustainability is more than simply promoting renewable energy sources in a focused manner. National sustainability strategies provide the market with a variety of policies providing additional cover. At European level, it is important to avoid a situation where this diversification in terms of energy sources and geographical origin leads to competition at the expense of environmental standards and working conditions. A first step in this connection is a certification system for type and origin. Specific national policies are then possible for each energy source. In the enlargement process, this approach might meet the need for flexibility for both Member States and candidate countries. Finally, the pursuit of low prices to the exclusion of everything else will lead to countries with the lowest cost price dominating the market. That is why price management must not be the main issue of the dialogue. The preconditions for a reliable and sustainable energy supply, on the other hand, should be."@en1

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