Lobby group FOSG release new action plan

Image : Pierre Bernard

This Supergrid will contribute to the lowering of electricity prices in a significant way, a clear objective shared by the European Commission today.

FOSG also fully supports the implementation of the Energy Union, with the Supergrid being one if its core elements.

FOSG will provide in the coming weeks concrete recommendations on the infrastructure objectives to be attained by 2030. These should foster economic welfare and job creation in the EU, all the while strengthening Europe’s position as a global technology leader.  

FOSG, together with its Members and in cooperation with other organizations, will make proposals to the key stakeholders in order to:

1. Foster the creation of a harmonized and collaborative European regulatory environment;

2. Facilitate a common approach to secure the supply of energy and an effective planning of generation and grid infrastructure at pan-European level;

3. Promote attractive investment conditions to secure developers and investors’ support; and

4. Harmonise, accelerate and simplify Europe’s infrastructure permitting process in order to make this process significantly more efficient

The European Supergrid is an essential instrument for the effective achievement of the five dimensions of the Energy Union. FOSG concrete measures will be a “must” for the forthcoming Energy Union Strategy.

FOSG commits itself to the support of the European Commission in order to ensure the Energy Union Strategy delivers a concrete package benefiting the European consumers.

According to FOSG, they represent the key sectors active in the electricity grid industry, i.e. global multi-industrial companies with a combined turnover of €190 billion representing close to 1 million jobs. The main purpose of FOSG is to support the creation of an integrated European electricity market supported by a pan-European offshore and onshore electricity network, the Supergrid, which will significantly foster Europe’s energy independence.

Friends of the Supergrid (FOSG) was founded in 2008, and consists of a group of companies which are

• ABB
• ACS
• Alstom
• Bernard Energy Advocacy
• Elia Group
• National Grid
• Nexans
• Parsons Brinckerhoff
• Prysmian Group
• REN
• RTE
• Siemens