Markus J. Beyrer comments on the winter energy package

Ahead of the publication of the European Commission’s winter package, BusinessEurope Director General Markus J. Beyrer said “We welcome the Commission's efforts to reform the power market, adapting it to reality and addressing the issue of declining investments. The ongoing transformation seems more profound and difficult than envisaged. But a coherent approach of the Energy Union is a must. That also means we need more Europe and less distortive national interventions!” He addressed Commission Vice-President Šefčovič in a joint meeting with social partners on 21 November. Beyrer warned of potential overlaps of different policy instruments. He called on the Commission for a realistic approach to cost-effectiveness that would maintain the indicative 27% energy efficiency target, as agreed by the heads of states and governments in 2014. Speech