A few days ago, the EU draft legislation pointed out that the EU is seeking new forces to reduce its dependence on imported oil and natural gas, so as to ensure the sustainable development of Europe and the supply of green energy.
The draft also proposes to allocate 9.1 billion euros (about 80 billion yuan) in 2014-2020 to improve the electricity and natural gas transmission systems. Reuters said that the proposal shows the importance of European energy policy and is expected to attract funds from private companies and government agencies.
The draft also proposes the creation of a "coordinating body in Europe" to help solve projects that have serious delays or difficulties in implementation within the EU. In addition, projects that need to perform the licensing process should not exceed three years, and the current process may be as long as ten years.
EU officials said that Europe is ready to deal with the situation between Russia, the main producer of natural gas, and Ukraine, the carrier country. In early 2009, due to price disputes, the two countries stopped the transportation of natural gas to some EU countries.
For the EU, sustainable energy and energy supply security are equally important. The EU's mandatory targets require a 20% reduction in carbon emissions on a 1990 basis by 1990, while increasing the share of renewable energy to 20%.
Reuters said that these goals and the 2050 low-carbon road reduction plan all require a dramatic change in the European energy infrastructure. The European Commission said that between 2010 and 2020, it will need 1 trillion euros (about 9 trillion ***) of investment to improve the European electricity and natural gas industry.
The draft also proposes to allocate 9.1 billion euros (about 80 billion yuan) in 2014-2020 to improve the electricity and natural gas transmission systems. Reuters said that the proposal shows the importance of European energy policy and is expected to attract funds from private companies and government agencies.
The draft also proposes the creation of a "coordinating body in Europe" to help solve projects that have serious delays or difficulties in implementation within the EU. In addition, projects that need to perform the licensing process should not exceed three years, and the current process may be as long as ten years.
EU officials said that Europe is ready to deal with the situation between Russia, the main producer of natural gas, and Ukraine, the carrier country. In early 2009, due to price disputes, the two countries stopped the transportation of natural gas to some EU countries.
For the EU, sustainable energy and energy supply security are equally important. The EU's mandatory targets require a 20% reduction in carbon emissions on a 1990 basis by 1990, while increasing the share of renewable energy to 20%.
Reuters said that these goals and the 2050 low-carbon road reduction plan all require a dramatic change in the European energy infrastructure. The European Commission said that between 2010 and 2020, it will need 1 trillion euros (about 9 trillion ***) of investment to improve the European electricity and natural gas industry.
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