An ambitious Vision for our Energy System in 2030 Mechthild Wörsdörfer Director - Energy Policy – DG ENER European Commission 3rd Member States' Gas Forum 09/04/2014

Europe's priorities Our goals Why a 2030 framework now? Competitiveness Predictability for policy-makers and investors Need for cost-effective and joint solutions Speaking with one voice Security of supply Sustainability

20 % GHG 20% RES 20 % EE 40 % GHG ≥ 27 % RES 2014 A renewed ambition for 2030 20 % GHG 20% RES 20 % EE 2020 40 % GHG ≥ 27 % RES New Key Indicators 2030 2014 New governance system

Gas increased role in EU power generation Power generating capacities in the EU in 2013 (in years) Coal Oil Gas Nuclear Renewables (including hydro) 300.000 MW 250.000 MW 200.000 MW 150.000 MW 100.000 MW 50.000 MW 0 MW Years Source: Platts Power Vision

Role of Gas in the 2030 scenarios (1) Gas in future energy mix: shares of GIC Oil Gas Solids RES

Role of Gas in the 2030 scenarios (2) Future power capacities

Connecting and diversifying Reaping the benefits of a fully integrated energy market up to 2030 Internal market: € 43 - 70 bn per year in gas and electricity 5 years of the EU current gas consumption Wind offshore Potential for renewable energy Wind onshore Future potential for gas sources Hydroelectric Solar Potential for shale gas 15 years of the EU current gas consumption 250 years of the EU current gas consumption

Follow-up on the European Council conclusions: Next steps Follow-up on the European Council conclusions: European Council to agree on the 2030 framework by October 2014 at the latest. For June European Council, progress should be made on: Impact at MS level of EU-wide targets for GHG reductions and RES; Mechanisms which will result in an overall fair effort sharing; Measures to prevent potential carbon leakage in order to ensure the competitiveness of Europe's energy-intensive industries; A review of the Energy Efficiency Directive and an energy efficiency framework. Interconnection objectives to be attained by 2030 In-depth study on EU Energy Security and comprehensive plan for the reduction of EU energy dependence by June 2014.