Energy Union is ‘on track and on time’

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Progress towards the European Energy Union is on track and on time according to its vice-president Maroš Šefčovič. Last week Mr. Šefčovič sat down for an unprecedented interview with the former Energy Commissioner Andris Piebalgs at a conference hosted by the Florence School of Regulation at the EUI.

“We need to actually combine all these projects together, energy, climate change, decarbonisation of transport, more energy efficient buildings and much more assertive energy diplomacy and we have very good project implementing commissioners helping to deliver,” said Šefčovič, as he stressed the importance of the union by “cultivating” public opinion.

After commending his support from the European Parliament and the European Council, Šefčovič hailed the 3000km so-called ‘southern gas corridor’ pipeline from the Caspian Sea  as “one of the biggest projects in the world.” He went on to predict that Caspian Gas would arrive in Europe as of 2020.

During the interview, Šefčovič also acknowledged controversy surrounding the Nord Stream 2” project to transport gas from Russia to Europe. Political criticism from emerged heads of state, including accusations from Italy and Hungary that the plan was approved at the expense of investment in southern Europe. This criticism, Šefčovič claimed, reflected the severity of the proposal. The project, he insisted, would “be built in a way that was fully in line with EU law” and that he “would look after the interests of all EU member states because it’s in our interest to secure the energy security of all member states, not just a few.”
(Nick Barrett)