ABB backs free movement of electricity in Europe

ABB, together with 16 companies and 17 associations, lends its voice to the call for a single electricity market to increase competition, improve security of supply, help deliver climate goals and integrate modern technologies including renewables.

Luxemburg, Nov. 24, 2011 - ABB, the leading power and automation technology group, has agreed to sign on an agreement proposed by Eurelectric, Europacable and EWEA (European Wind Energy Association). The statement is calling for a single electricity market to increase competition, improve security of supply, help deliver climate goals and integrate modern technologies including renewables.

EU Energy ministers will, for the first time, discuss the European Commission’s draft proposals for a €9.1 billion infrastructure package published in October.

At discussions in Luxembourg on November 24, they heard a first “exchange of views” on the plan, in which “electricity networks must be upgraded and modernized to meet increasing electricity demand”. The proposal aims not only at the physical infrastructure for energy, but also at the “full integration of the internal energy market”, to “ensure security of supply in the Union, to promote energy efficiency and…the interconnection of energy networks”, a European Council briefing said.

Supporting this plan for free movement of electricity is a collection of 34 concerned organizations, including ABB. Ranging from renewable energy associations to high-tech engineering companies, these 34 organizations support a statement sent on November 24 to all 27 Permanent Representations to the EU by Eurelectric, in which the importance of achieving these goals is emphasized, and published in EU affairs newspaper ‘European Voice’.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 130,000 people. ABB has a full range of business activities in China, including R&D, manufacturing, sales and services, with 17,000 employees, 31 local companies, and an extensive sales and service network across 80 cities.

Free Movement of Electricity statement.pdfFree Movement of Electricity statement.pdf

    •   Cancel
      • Twitter
      • Facebook
      • LinkedIn
      • Weibo
      • Print
      • Email
    •   Cancel
    seitp202 1024dfda9a856a9b482579550056600f