European electricity companies will strive to achieve a carbon-neutral power supply by 2050, work for an integrated European electricity market that will deliver power cost-efficiently and reliably, and promote energy-efficient electricity applications as a key part of the solution to the great energy-climate challenge. This is the core of a Declaration handed over to EU Energy Commissioner Andris Piebalgs by sixty electricity Chief Executives.
The CEOs explained to Mr Piebalgs their view that to achieve this means deploying all economic low-carbon power generation options, developing a single European market through progressive regional integration, and engaging with customers and regulators to ensure take-up of energy-efficient electro-technologies. They called on the Commissioner and his fellow European policymakers to ensure a framework conducive to attaining these objectives.
