The Plan for Europe’s Recovery: opportunities for the energy sector

In conversation with Ditte Juul Jørgensen

Director-General, Directorate-General for Energy

With the Coronavirus pandemic the EU is facing an unprecedented crisis in its history. GDP of the EU contracted by a record 3,5% in the first quarter of the year, many jobs are lost, the health systems are under severe strain, restarting economic activities difficult under new conditions. EU needs a huge stimulus package to kick start its economy. It will be not the first package to help recovery, but by far the biggest and most ambitious. Ursula von der Leyen, the President of the European Commission compared it with the Marshall Plan. There are calls from the European Parliament and part of the Member States that the proposed recovery and the reconstruction package should support the European Green Deal strategy to embrace low carbon future. How to achieve this goal, what avenues to choose, what mechanisms to use is far from simple, but it also is a unique opportunity to accelerate energy transition.

FSR online event moderated by Andris Piebalgs

In the discussion with Ms. Juul Jørgensen we will focus on the place of the energy sector in the Recovery Plan, the chosen priorities and the best possible engagement with the stakeholders.