Pan European Networks - Government - page 215

example, by making the gas distribution and transport activities more
efficient, we could recover the same quantity of gas that we import now
from Russia. In my view, this is quite a promising opportunity. Unfortunately,
the agreement on the EU’s long-term budget MFF has not provided enough
funds for this crucial part of our energy strategy; the Connecting Europe
Facility was the tool designed for meeting this challenge, but the member
states have decided to halve the initially proposed budget down to only €5bn.
This is not the approach we need – investments are essential for our growth.
Last but not least, a word on renewable energies. In May this year we
approved a report calling for the promotion of renewable energy; it has
been suggested to fix a target for 2030 (as it has been done for 2020), as
well as the creation of a system of incentives for this sector. I am not sure
that at this stage of development of the renewable energy sources market
we need more incentives or public aids; the market will drive our needs.
Our future depends on how we link our policies to the target called
‘growth’. How we engage in granting our citizens the energy system they
expect to have for the years to come will be crucial to show them we
respect our commitments and to help justify the funding.
what I believe is its future; becoming the European
hub for gas. For the moment it is still a dream, but
we can start to make it real by overcoming any
local constraint or difficulty there may be.
We have enormous potential in terms of energy
security and competitiveness of the market in the
improvement of internal borders interconnections.
The efficiency of the distribution systemwill enable
significant reduction of costs, the deployment of
new investments and a more rapid application of
smart grids that will allow the necessary integration
of different sources of energy.
The report on the completion of the internal energy
market adopted by the Committee on Industry,
Research and Energy in June, about the completion
of the internal energy market, is a good base to
start the final phase and conclude the efforts we
started. It is clear that we need themember states’
commitment in aligning their market structure; the
Commissionmust perform its task and ensure that
all provisions are included as soon as possible.
Investment
To tackle the huge challenges in front of us
and to achieve all the objectives we have set, we
require massive investments. We need €200bn
to complete the Trans-European Energy Network,
but the advantages are enormous. As a simple
Pan European Networks: Government
07
215
Amalia Sartori MEP
Chair
European Parliament’s Committee on Industry,
Research and Energy
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