BRUSSELS – As in the course of the pandemic, the European Commission believes {that a} qualitative leap in coordination between member nations is critical to raised take care of the power shock attributable to the struggle within the Middle East. In a long-awaited communication revealed yesterday, the neighborhood govt positioned the emphasis on fuel, oil and kerosene provides. Legislative adjustments to the texts that regulate, amongst different issues, gas reserves in Europe will not be excluded.
“Today’s choices will allow us to better face the challenges of today and the crises of tomorrow,” European Commission President Ursula von der Leyen mentioned in a press release. «The AccelerateEU technique will provide instant and structural treatments for shoppers and companies. At the identical time we should speed up the shift in the direction of clear power to profit from power independence and safety, and higher face geopolitical storms.”
Since the conflict in the Middle East began, the value of oil and gas imports has increased by 24 billion euros. To put it simply, the package presented yesterday provides for immediate and short-term measures – i.e. reduction of consumption and aid for consumers -; as well as longer-term actions, including new investments in the energy transition. In May, Brussels will present changes to the legislation regulating taxation in the electricity sector.
The European Commission intends to create an observatory dedicated to transport fuel, at risk of shortages if the Gulf war continues. The objective will be to map national needs and reserves. Regarding kerosene, again in May the community executive intends to present proposals «to optimize distribution between member countries in order to ensure the availability of fuel throughout Europe and in all airports».
In actuality it could be a query of pooling nationwide reserves. The floor is slippery, however the measure would signify, if it materializes, additional progress in neighborhood integration. At the identical time, Brussels intends to evaluate the European guidelines referring to strategic reserves. The Commission may even publish tips to make clear the weather of flexibility contained in European laws concerning the administration of flights and refueling.
https://www.ilsole24ore.com/art/ue-tavolo-27-cipro-misure-contro-shock-energetico-AIkR82dC