Tagliapietra, Simone (2013) Financing the EU Energy infrastructure after the Euro Crisis. Euro Crisis in the Press (27 Oct 2013). Website.
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Abstract
Europe is in need of massive infrastructure investments. According to the European Commission, the EU infrastructure investment requirements could reach as much as EUR 2 trillion in the sectors of energy, transport and information and communication technology by 2020. The energy sector alone is set to require EUR 1.1 trillion, of which: EUR 400 billion for distribution networks and smart grids; EUR 200 billion for transmission networks and storage; EUR 500 billion for generation capacity. This enormous investment need is mainly due to the fact that the EU energy infrastructure is ageing and, in its current state, is not suited to match future demand for energy, to ensure security of supply and to support the large-scale deployment of renewable energy sources required by the “Europe 2020” strategy and by the decarbonisation targets set in the “Energy Roadmap 2050”.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/eurocrisispress/ |
| Additional Information: | © 2013 The Author(s) |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HG Finance J Political Science > JN Political institutions (Europe) |
| Date Deposited: | 22 May 2017 14:33 |
| Last Modified: | 11 Dec 2024 13:33 |
| URI: | http://eprints.lse.ac.uk/id/eprint/78238 |
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