Tuesday July 14 2020
News Source: Global Exchanges
Focus: Stock Exchange Regulation
Type: General
Country: European Union
Link: https://bit.ly/2Olr10i
On 13th July 2020, the Association of European Energy Exchanges (Europex) announced that it fully supports efforts to ensure trans-European energy infrastructure is fit-for-purpose and consistent with the 2050 climate neutrality objective.
The TEN-E Regulation and related CEF Energy funding have made important contributions towards improved connection levels of the Internal Energy Market, it has allowed energy to be traded across borders and increased security of supply.
The revised TEN-E Regulation should now reflect the needs of a rapidly evolving energy system, with a view to enabling the integration of higher shares of renewable energy, at a more decentralized level.
Greater integration between the different energy sources and carriers will also need to be taken into account.
Click on the above link for further information.