The co-signatories of this letter represent a broad cross-section of European interests striving to support the EU’s efforts to meet its climate commitments under the Paris Agreement and the UN’s Sustainable Development Goals (SDGs).
We highlight the opportunities coming from the smart and efficient electrification of European energy use as a means to achieving the EU’s climate commitments while improving its competitiveness, creating high quality jobs, and asserting global industrial leadership in the development and deployment of new technologies.
Electrification is further driven by trends in the economy on fuel efficiency, digitalisation and automation, which in turn can make technology work for vulnerable sectors of society such as low income households, local actors and SMEs. It is also a driver for cost reductions and increasing shares of renewables.
We would like to express the importance of aligning the upcoming Multiannual Financial Framework (MFF) post-2020 with these commitments and opportunities, which we believe requires the European Commission to revisit its approach to energy infrastructure spending.
Read the open letter