Shale gas: opportunity for the competitiveness of the European industry; What is needed for the European shale gas strategy?
- Jerzy Kurella, CEO, Polish Oil and Gas Company – PGNiG S.A.
- Madgalena Andreea Strachinescu, Head of Unit of New Energy Technologies, Innovation and Clean Coal; DG Energy
- Short intervention by Roland Festor, EU Affairs Director, OGP
In the course of the debate currently revolving around the energy policy in the EU, due attention should be paid to maintain Europe’s position in comparison with other world’s economies.
The EU energy policy should be developed in a manner that maximizes economic competitiveness, so that it can, not only maintain its economic position towards third countries in the long term, but also achieve the objectives of energy and climate policy in cost-effective manner and by stimulating technological development.
Our speakers will explain how shale gas creates many market opportunities, has a positive economic impact and will make energy prices more competitive which would be beneficial especially for energy-intensive industries. Shale gas development can also increase innovativeness in the European Union, which is required within Europe 2020 initiatives in order to ensure a stable and high-level economic growth. The EU estimated that achieving R&D outlays at 3% share of GDP by 2020 could create 3,7 million workplaces and increase annual EU GDP by 795 million EUR by 2025.
According to the core message of the EU integrated industry policy, industry should remain in the main focus if Europe wants to remain a global economic leader.
This debate is aimed at exchanging views about implications of the global revolution in shale gas for Europe, the impacts of shale gas on the EU’s economic competitiveness, particularly vis-à-vis US and China, the impact on Europe’s economic recovery and the energy security.
It will be a pleasure to welcome our members at this event.