ENTSO-E's Response to European Commission’s Clean Energy Investment Strategy

ENTSO-E welcomes the European Commission's Clean Energy Investment Strategy published this month and its focus on ensuring investments in grids increase, alongside clean generation, as they are essential for the transition.

Europe will need over €800 billion in transmission grid investments over the next 20 years. Therefore, delaying these investments will increase long-term costs and risks.

ENTSO-E supports measures such as hybrid bonds and the Operator Securitisation Facility to strengthen TSO financing. On the other hand, further work is needed to ensure effective governance of the proposed Strategic Infrastructure Investment Fund. Moreover, a stable regulatory framework and clearer implementation details will be key to unlock investment.

ENTSO-E stands ready to work with EU institutions and Member States to deliver a secure, affordable and carbon-neutral energy system.

Read ENTSO-E's full statement: link