By Monica Uriel MADRID, 4 (Bloomberg) – Spain, France, Portugal and the European Commission (EC) today approved a plan to the Iberian Peninsula “stop being an energy island,” said the Spanish President Mariano Rajoy, within the path towards a single energy market.
The plan, called “Madrid Declaration” that will boost interconnections energy by which access the electricity and gas “best cost” and improve the environment because it will support renewable energy.
And above all, diversify the sources to reduce “dependence on unstable parts supply the world, “Rajoy said at a press conference. In particular, Europeans seek to be less dependent on Russian gas supplies. Participated in the summit in Madrid, hosted by Rajoy, French President Francois Hollande; Portuguese Prime Minister Pedro Passos Coelcho, and President of the European Commission, Jean Claude Juncker.
For large a nd expensive energy infrastructure, Spain, Portugal and France will present their projects with the objective of financing called Juncker plan, worth 315,000 million euros.
Among the projects presented is a submarine cable of about 400 kilometers that would unite the Bay of Biscay (Spain) and Aquitaine (France), with an estimated cost of 1,900 million euros.
Others are electrical interconnections across the Pyrenees (which separate Spain and France) and between Navarra and Bordeaux (280 kilometers), Sabiñánigo and Marsillon (about 100) and Monzon-Cazaril (160). The European Union (EU) decided in June for funding projects.
Building infrastructure “will allow us to ensure a long period of growth and job creation,” said Rajoy, who presides over a country with a rate of unemployment of 23.7%.
“Energy Union is one of the priorities of the European Commission,” Juncker, who said the goal is to reach in 2020 to an interconnection of at least 10% between stated all EU countries.
The presidents of Spain and France agreed to the resumption of gas pipeline project linking Catalonia with the south of France. The plan approved today is preceded by the opening last month of the electrical interconnection between Spain and France over 56 kilometers on a project with a total investment of 700 million euros. UR-ADG / MRZ
03/04/2015 23:19
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