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Thread: EU says joint-up energy grid will cost €1 trillion

  1. #1
    Senior Member joka's Avatar
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    Default EU says joint-up energy grid will cost €1 trillion

    10.11.2010 @ 17:01 CET
    EUOBSERVER / BRUSSELS - The European Commission has unveiled a new energy strategy for the coming decade, calling for the unification of the bloc's fragmented energy networks by means of €1 trillion in infrastructure investments.

    The plan also highlights the need for greater energy savings and a more unified approach when negotiating contracts with non-EU states, together with a new drive to boost Europe's energy technology and innovation. Concrete legislative proposals will follow over the next 18 months.

    "The energy challenge is one of the greatest tests for us all," EU energy commissioner Gunther Oettinger told journalists in Brussels on Wednesday (10 November). "Putting our energy system onto a new, more sustainable and secure path may take time but ambitious decisions need to be taken now."

    In order to "Europeanise" the bloc's energy policy, member states must end their protection of national energy champions, said the commissioner, a struggle clearly highlighted by the roughly 40 legal battles currently underway between the EU executive and national capitals.

    Previous calls to unify the EU's energy market have met with strong opposition, although Mr Oettinger's German nationality adds considerable weight to this latest initiative, with Berlin traditionally being a leading opponent to market liberalisation.

    By linking European gas and oil networks, the commission hopes to prevent future energy crises similar to the gas price dispute between Russia and Ukraine in January 2009, which left several EU states without Russian gas during the height of one of Europe's coldest winters in recent times.
    http://euobserver.com/9/31243

    One super grid, thank you.
    Last edited by joka; 11-13-2010 at 05:22 AM.

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    Senior Member Yeti2424's Avatar
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    Fire up the presses boys....it's going to be an all nigher!

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    hobo in the hills 2495's Avatar
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    .......... ahhh now I see why Peter Mandelson and Labour were busy fvcking scotland in the arse and throwing wind farms up as quick as they could... along side the comment of 'making Scotland the wind farm of Europe'.

    Well... first office of any UK MP / MSP I see supporting this gets the full job.

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    the Ralph Wiggum of Mp.net. timetraveller's Avatar
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    Jog on ... is what i say

    and there is source linked posted ethier ....

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    Senior Member Berwickk's Avatar
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    By linking European gas and oil networks, the commission hopes to prevent future energy crises similar to the gas price dispute between Russia and Ukraine in January 2009, which left several EU states without Russian gas during the height of one of Europe's coldest winters in recent times.
    That would be good to have, saves innocents freezing.

    I have a source to the article http://euobserver.com/9/31243

  6. #6
    Senior Member joka's Avatar
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    Quote Originally Posted by Yeti2424 View Post
    Fire up the presses boys....it's going to be an all nigher!
    It's corporations that would stand for the bulk of such investments. ie. private money. Where do printing presses come in to the picture?
    Not to mention he's talking about a period of 10 years.

    Projects such as Desertec for example.
    The consortium consists of the DESERTEC Foundation, Munich Re, Deutsche Bank, Siemens, ABB, E.ON, RWE, Abengoa Solar, Cevital, HSH Nordbank, M & W Zander Holding, MAN Solar Millennium, and Schott Solar


    The public role is to remove the barriers so that projects like this are feasible. As an EU citizen I think this is good for energy security, consumer prices and the competitiveness of European companies; and as a Deutsche Bank shareholder I'm pleased that they're involved in this.

    Apparently The Commission will present concrete proposals over the next 18 months and we'll see what kind of opposition they meet. Let's hope eurosceptics are right when they say the unelected commission controls everything.

    Quote Originally Posted by Berwickk View Post
    I have a source to the article http://euobserver.com/9/31243
    Oops.

  7. #7

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    Quote Originally Posted by 2495 View Post
    .......... ahhh now I see why Peter Mandelson and Labour were busy fvcking scotland in the arse and throwing wind farms up as quick as they could... along side the comment of 'making Scotland the wind farm of Europe'.

    Well... first office of any UK MP / MSP I see supporting this gets the full job.
    Oh you cynical man. I thought it was our windy disposition.

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    Senior Member Mackie's Avatar
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    You simply have to put an "EU" before something and the haters show up.
    An open grid means competition and much better solutions than the current nuclear, gas or coal plants.
    Means lower energy prices and much more innovative solutions.

  9. #9
    Justin Bieber's fan club member Scriptable's Avatar
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    Will this be like an Internet for energy?

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    Senior Member Mackie's Avatar
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    Quote Originally Posted by Scriptable View Post
    Will this be like an Internet for energy?
    It should. Where every homeowner can decide.
    But I guess the lobby will prevent a real market solution.

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    Senior Member Steak-Sauce's Avatar
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    Quote Originally Posted by Mackie View Post
    You simply have to put an "EU" before something and the haters show up.
    Psssst. Don't spoil all the fun!

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    Senior Member tluassa's Avatar
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    The Map at least looks like a logical step to the future ...

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