Our World in 2018
Leading minds reflect on the state of our societies, and examine the challenges that lie ahead. An edition dedicated to generating ideas that will help form a new vision for our world.
Leading minds reflect on the state of our societies, and examine the challenges that lie ahead. An edition dedicated to generating ideas that will help form a new vision for our world.
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ENERGY & CLIMATE
and respond in a way that protects
the most vulnerable.
Future-proof infrastructure
as a backbone of secure
energy
By better interconnecting our
internal energy markets, we can
achieve much greater security of
supply, based on solidarity and trust
between Member States. This way
when supply of renewable energy is
low in one country, instead of turning
to fossil fuels, it can buy its missing
supply from its neighbours where
supply is high.
That is why we invested and
will continue to invest in concrete
projects on the ground. For example,
the Baltics countries, which were
almost entirely isolated from the rest
of Europe’s energy market, are now
making their ‘historic comeback’. The
gas (LNG) terminal, in the Lithuanian
K
regional hub for gas trade. And the
recent electricity connection between
Lithuania and Poland (through
LitPol Link) and to Sweden (through
NordBalt) ended the isolation of the
region. They were made possible
thanks to the Baltic Energy Market
Integration Plan initiative, or the socalled
BEMIP.
Another emblematic example
is the High Level Group on Central
and South Eastern Europe Gas
Connectivity, better known as
CESEC. The Group was established
AN
of Kavarna, Bulgaria, 15 September 2017. Saint Nikola Wind Farm brings 156
megawatts of electricity.
EPA-EFE/VASSIL DONEV
The Energy Union is no longer a
concept, a vision, or a mere idea. The
Energy Union is a living process which
is changing the lives of millions in
Europe and around the world.
order to facilitate cross border
gas infrastructure projects across
its 15 members, both within the
European Union and in our eastern
neighbourhood.
These efforts will continue until
the very last day of our mandate.
Key CESEC projects are ongoing,
connecting Bulgaria, Romania,
Hungary, and Austria through the
BRUA corridor, the Krk LNG terminal,
the gas interconnector between
Greece and Bulgaria, etc.
Of course, energy security also
E.
of the most ambitious projects in this
regard is the Southern Gas Corridor
which will bring gas all the way from
the Caspian Sea to Europe’s shores by
route and the overall framework will
be tested, which will make it easier to
expand the Southern Gas Corridor
beyond the initial volumes of 10 bcm.
The Energy Union is no longer
a concept, a vision, or a mere idea.
The Energy Union is a living process
which is changing the lives of millions
in Europe and around the world.
Now is the time for you to be part
of that change, to play your role, to
be part of the European and global
energy transition.
OUR WORLD | 2018
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