The rules governing the EU’s internal gas market will in future also apply to pipelines to and from third countries. The Council today formally adopted an amendment to the so-called gas directive which aims at closing a legal gap in the EU’s regulatory framework and boosting competition in the gas market. This is the final step in the legislative process.
The Energy Union project was conceived by the Juncker Commission which set out to give EU consumers secure, sustainable, competitive and affordable energy, by overhauling European energy and climate systems and policies. It also committed to make the EU the world leader in renewable energy. Four years on, the Energy Union is a reality and the EU has set course to become a climate neutral economy, whilst maintaining its global competitiveness and creating growth and jobs.
A press release, a Q&A and the speeches by VP Sefcovic and Commissioner Arias Cañete at the State of the Energy Union press conference are also available.
Today the EU Cohesion Policy invests €4 billion of EU funds in 25 large infrastructure projects in 10 Member States.
The investment package involves Bulgaria, Czechia, Germany, Greece, Hungary, Italy, Malta, Poland, Portugal and Romania. The projects cover a wide range of areas: health, transport, research, environment and energy. With national co-financing, the total investment in these projects amounts to €8 billion.