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Tribune

2024-05-23 14:15:00.0

"Strengthening the single market and the Energy Union makes Europe stronger, greener, and more competitive"

Deeper integration, more electrification with clean energies, stronger interconnection infrastructures and power grids and unifying energy taxation will bring competitive, secure, and sustainable energy to European citizens.

Ignacio Galán, Executive Chairman of Iberdrola

The topics of energy security and tackling climate change are at the forefront of the current European debates. 

The European Green Deal, the Fit for 55 and Repower EU packages and the European Electricity Market Reform are the right policy frameworks to increase Europe’s self-sufficiency and promote decarbonization. But we need to accelerate implementation: the solution is a more united Europe.

The report last month from Enrico Letta is a great step in the right direction: it highlights the benefits that could be delivered by overcoming barriers to further strengthening the Single Market, in particular the Energy Union. Deeper integration, more electrification with clean energies, stronger interconnection infrastructures and power grids and unifying energy taxation will bring competitive, secure, and sustainable energy to European citizens and allow them to benefit from new economic, industrial, and employment opportunities.

A stronger Europe, with fewer barriers, means a greener and more competitive Europe. 

 

Ignacio Galan, Executive Chairman of Iberdrola