EU energy union seen saving consumers 40b euros a year
Thu, Feb 26, 2015 - 5:50 AM
Mr Canete (far right) will release a country-by- country plan to achieve a goal of ensuring that cross-border links equate to at least 10 per cent of a nation's power generation capacity by 2020. Pictured with him is EU Commissioner of Transport & Space Maros Sefcovic.
BETTER energy connections across the European Union can save EU energy users up to 40 billion euros (S$61.5 billion) a year, Europe's climate and energy boss said on Wednesday.
As it seeks to reduce the need for imported fossil fuel, especially from Russia, the European...