Policies & Politics
The largest barrier to investment in the European energy sector is regulatory uncertainty, the director-general for energy at the European Commission (EC), said at a conference on shaping the EU’s energy policy to boost competitiveness.
Dominique Ristori said at the Brussels conference that Europe should have an “adequate legal framework” to give investors certainty and encourage them to put their money into the market.
He said a €300 billion investment plan to be put forward by EC president Jean- Claude Juncker next month, a significant portion of which will be dedicated to energy projects, is a “unique opportunity” for investment in the energy sector and can help provide certainty.
Full report in database: News in Brief No. 360, 18 November 2014.