The plan was signed by the presidents of the Government of Spain, Mariano Rajoy; France, François Hollande; and Prime Minister of Portugal, Pedro Pasos Coelho, with the president of the European Commission, Jean Claude Juncker.
The Madrid Declaration, initialed on Wednesday at a summit, expressed the political will to carry out specific projects access to electricity and gas with lower costs and achieve 10 percent energy interconnections in Europe in 2020.
Introducing the plan, in which the European Investment Bank should participate, Rajoy considered it will also improve the environment by supporting renewable energy and reduce Europe’s dependence on other areas of the world.
Hollande ahead, meanwhile, that the meeting resumes today project Midcat, a pipeline between Catalonia and France to take the Algerian gas, designed in 2007 that should be operational in 2015.
However, its construction was halted in 2010 because participating companies considered insufficient gas demand for viable infrastructure, Prensa Latina reported.
According to previous reports to meet the ambitious energy interconnections aspires to obtain a considerable part of the investment of 315 billion euros provided by the EU to reduce dependence on imports.
France and Spain took a significant step last month in this direction by opening an energetic connection that rose from 400 thousand to two thousand 800 megawatts exchange between the two nations.
The work has 64.5 kilometers, including a 8.5 km tunnel through the Pyrenees with an investment of 700 million euros.
The projects include a line for join the Bay of Biscay (Spain) Aquitaine (France) by a submarine cable of almost 400 kilometers at a cost of 900 million euros thousand.
Other suggestions include Navarra-Bordeaux interconnections, 280 kilometers ; Sabiñánigo-Marsillon, nearly 100 miles and Monzón-Cazaril, 160 km.
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