European Union energy strategy launched 100 million euro connection power grid
European Union energy strategy started billions of euros to grid globledata P black ants cable network: toward attaining the latest in the first step of energy alliance strategy, the European commission launched a billion euros to connect the eu's power grid.
According to the new interconnection facilities in Europe,
End, the commission need to energy isolation, eliminate the energy bottleneck, thus WanZhengHua Europe's energy market.
Years, the European commission is expected to total funding amount of.
Hundred million euros, is expected to launch by the end of the second proposal plan.
The European commission's goal is to cross-border power interconnection capacity equivalent to at least % every year members, to the years of %.
Initially proposed in % of the target, but so far there is still no implementation of the member, including Ireland, Italy, Romania, Portugal, Estonia, Lithuania, Latvia, UK, Spain, Poland, Cyprus and Malta.
RVVB climate action and energy committee member Miguel Arias Canete, said: 'we need a major investment to make the power grid to meet the needs of the future.
The fund is an investment opportunity, to build a competitive, sustainable and secure energy market, eventually bring the benefits for households and businesses.
'According to the energy alliance strategy, upgrade aging power infrastructure will require billions of euros in Europe, and cross-border power interconnection need billions of euros.
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