Klaus-Dieter Borchardt: “We need regional and cross-sectorial co-operation to make the EU’s internal energy system work”

Klaus-Dieter Borchardt: “We need regional and cross-sectorial co-operation to make the EU’s internal energy system work”

Central Europe Energy Partners organised, just before the summer break, its 4th energy summit ‘29+1’ , where the Director of the Internal Energy Market Directorate from DG Energy, Mr Klaus-Dieter Borchardt, shared his views about what should be the ingredients of a functional European internal energy market. During the recent ‘29+1’ conference in Warsaw, you said that regional and cross-sectorial co-operation is essential if we want to achieve energy policy goals. Why do we need these two elements?

American LNG: an opportunity for greater energy security in Europe

Effective diversification of gas supply has always proven to be difficult for Europe, a net importer of energy, for obvious reasons interested in maintaining high levels of security of supply of energy resources. A new opportunity, however, to redress existing excessive market dependencies, may arise with the export of liquefied natural gas (LNG) from the United States to Europe, but it will require changes in American legislation and the expansion of European gas infrastructure.

Europe needs an energy highway

Europe needs an energy highway

The EU’s political steps to reduce its energy dependence need to be accompanied by investments in the energy infrastructure. A good starting point in this process may be the construction of the North–South Corridor of energy, transportation and telecommunications, as presented in a report by Central Europe Energy Partners (CEEP) and the Atlantic Council. European institutions have declared their interest in integrating proposals from the report into future European legislation and policy. On March the 24th, a high-level conference in Brussels discussed these issues. The conference’s keynote speaker was Maroš Šefčovič, European Commission Vice-President for Energy Union. The other presenters included Dominique Ristori, Director General of European Commission’s DG Energy; Prof. Jerzy Buzek, Chairman of the European Parliament’s ITRE Committee; and Massimo Cingolani, Managerial Advisor in Operations Directorate, European Investment Bank. Paweł Olechnowicz and Jan Kulczyk represented CEEP, with David Koranyi speaking on behalf of the Atlantic Council. The discussion focused on the ‘Completing Europe’ report’s main recommendation to create an integrated set of energy, transportation and digital links across Central Europe. I am happy that our concept was incorporated into the Energy Union Package of the 25th of February, 2015. Our idea is to be able to easily drive an ‘energy highway’ from North to South and back again. We need more investments in this area, along with a holistic approach to this challenge, as, at the moment, too many EU Member States remain energy ‘islands’, and therefore are impeded from freely trading energy and energy resources. This results in high prices, especially in Central Europe, compared to the Western part of the continent, declared Paweł Olechnowicz, Chairman [...]