EU energy ministers focus on the functioning of the electricity market

20.09.2017 | 14:38

News

Today, 20 September, during the informal energy and transport ministers meeting (TTE) in Tallinn, energy ministers of the European Union are discussing the operation of a unified European electricity market.

The global energy sector is expected to undergo significant, necessary changes to contain climate change. This means, in particular, coordinated efforts to reduce CO2 emissions, diversify energy production, and introduce new digital technologies.

"I would emphasise digitisation, which creates many new opportunities for modernising the energy market," said Kadri Simson, Estonian Minister for Economic Affairs and Infrastructure. "That is why the Estonian Presidency of the Council of the European Union invited member states and the private sector to join the Tallinn e-Energy declaration and to commit to the deployment of digital solutions for the entire energy sector," added the Minister.

Estonia has a leading role in developing and deploying energy-related e-solutions in the European Union. "For instance, smart meters have been installed in Estonia so that people can monitor their electricity consumption in real time, and save money. There is also information promptly available on the internet about power outages," Minister Simson said.

In the afternoon, EU transport ministers will join the energy ministers in order to address the topics of both the European energy union and the development opportunities for the Single Transport Area, in the perspective of the post-2020 budget. The transport ministers meeting will continue on 21 September, with topics on the development of a trans-European transport network and the improvement of air connections.

Today, at 16.15, a press conference will be held at the Tallinn Creative Hub (Kultuurikatel), where the Estonian Minister for Economic Affairs and Infrastructure Kadri Simson, Climate Action and Energy Commissioner of the European Commission Miguel Arias Cañete, Vice-President of the European Commission Maroš Šefčovič, and Deputy Secretary General for Energy Ando Leppiman will give an overview of the day.

Press release in the EU2017EE official website: https://www.eu2017.ee/news/press-releases/eu-energy-ministers-focus-functioning-electricity-market

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