EU MINISTERS PROJECT PUBLIC ENERGY INVESTMENT SPLURGE TO HELP SECTOR RECOVER FROM COVID-19
July 2nd, 2020
THE EUROPEAN Union (EU) Council of Ministers has backed a detailed policy statement telling the European Commission to develop a robust post-Covid-19 recovery plan for the energy sector.
A comprehensive set of ‘council conclusions’ welcomed that the EU energy sector had operated securely so far throughout the pandemic, but added there was a “need to remain vigilant to ensure continued reliability of the energy systems in case of a prolonged crisis”.
Notably, the council signalled it was prepared to allow EU member states to reduce national subsidy ...
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