The call for cross-border energy projects seeking #PCI or #PMI status is open until
🔹 18/11 for electricity, hydrogen, electrolyser
🔸 18/12 for smart electricity or gas grids, CO2, projects under the Article 24 derogation
🔗 https://t.co/SNf97bBDif #EnergyInfrastructure pic.twitter.com/DGaMKvNyZU
— Energy4Europe 🇪🇺 (@Energy4Europe) October 24, 2024
The next Commission, potentially taking office in December, will be tasked with presenting a strategy for competitive industries. This includes updating antitrust regulations, improving access to critical minerals, and proposing funding for Europe’s defence sector. Leaders will also request proposals by mid-2025 to boost the EU’s capabilities in quantum technology and AI, and to speed up digitisation across industries.
Another goal set for 2027 is the creation of an energy union. This union would enhance the flow of clean energy across the bloc, aiming to lower prices, secure energy supplies, and achieve climate neutrality by 2050. Additionally, the draft includes a target to reduce the reporting burden for companies by at least 25%, addressing concerns that excessive red tape is a significant barrier to business in Europe.
What Other Media Are Saying Centre for European Reform article emphasizes Mario Draghi’s report offering a convincing roadmap to rescue the European economy, but warns of politically difficult implementation and potential divisions among EU leaders.(read more) Frequently Asked Questions
Here are some common questions asked about this news
What are the main goals of the EU leaders’ draft conclusions for the November summit?
Enhancing the single market, securing more investment capital, and creating a unified energy market.
Why are EU leaders emphasizing swift decisions and significant investments?
To avoid falling behind the United States and China in the global tech race.
What are the proposed measures for the EU single market by June 2025?
Leaders urge measures to deepen the EU single market, especially in services.
What is the aim of integrating European capital markets by 2027?
To channel approximately 33 trillion euros of private savings into the real economy.
What is the target for the EU energy union by 2027?
To enhance the flow of clean energy, lower prices, secure supplies, and achieve climate neutrality by 2050.
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Publish date : 2024-10-25 06:09:00
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