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Image header Agence Europe
Europe Daily Bulletin No. 9857
Contents Publication in full By article 21 / 40
GENERAL NEWS / (eu) eu/energy

09/03/2009 (Agence Europe) - In a working paper published on 5 March, the electrical industry association Eurelectric hails the “overall energy policy vision” set out in mid-November by the European Commission in its second EU Strategic Energy Review (see EUROPE 9782). It, nevertheless, feels that the need to facilitate new investment in nuclear power plants has not been sufficiently highlighted, when the sector needs massive investment. According to the International Energy Agency (IEA), the sector will have to increase its electricity production to 690 gigawatts at a cost of €1,200 billion by 2030 to replace its ageing capacity and contribute to tackling climate change. Eurelectric highlights the importance of a stable regulatory framework in the EU to attract the investment needed for electricity generation and transport infrastructure. (E.H./transl.rt)

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