European Commission’s VP Sefcovic: Romania must decide by year-end its role on regional energy market

Romania must decide by the end of 2018 what role it wants to play on the regional energy market, European Commission’s Vicepresident Maros Sefcovic said in Bucharest. According to him, each country’s strategy is highly important and relevant for attracting investments.

Romania and the other member states must present to the European Commission by the end of the year the national plans for the energy sector and climate change, which will contain the strategy each state plans to implement in this sector, Sefcovic told the audience of a forum held on the topic in Bucharest.

“I am convinced that the Romanian presidency will take place in a professional framework and that we will find an answer for the files that are still subject to talks, but these also depend on the success of the Austrian presidency. There is also a file the Austrians cannot work on, given the fact that we proposed that, by the end of the year, member states should work on the energy and climate change plans,” Sefcovic said.

“In the past four years, we worked on transforming the new technologies and the advance in the energy sector to see how we can diminish energy losses, how we can increase the competitively of the industries, to figure out how we can modernise European industry, in line with the provisions on climate change taken on via the Paris Agreement,” the European official said.

“Only one pieces still missing: to see what plans the countries and how they identify it, how they belie they can work, to see, thus, how Romania sees itself in 2030, what is the mix of energy you want, what your connection with your neighbours should be, what you believe about interconnection on the energy and gas market, how you see the transformation in the transport and research sector, so that you can benefit from the big funds that will be allocated to the research programs in Europe. It is an element you must fight over, it is a task where there is a need for a strong political impulse from the government. Energy plans and climate change represent a strategy of crucial importance, both for Romania and for the other member states,” the EC’s VP said.

The forum explored opportunities in the energy sector during Romania’s presidency of the Council of the EU.

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