European Sustainable Energy Week: How to power a fair and competitive transition? |
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“To deliver a green transition in a competitive way, we must ensure the supply of clean and affordable energy – in the volumes required and within the necessary timeframe”, said our Director General Markus J. Beyrer at the opening of European Sustainable Energy Week on 10 June in Brussels. |
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He underlined that Europe’s energy reality remains challenging. In 2023, industrial electricity prices were more than twice as high as in 2019 and still far above those in key partner countries. “These aren’t just statistics, they shape investment decisions and cost jobs”, Beyrer warned, citing examples of recent closures due to high production costs. He called for a coherent, technology-neutral framework to support investment in energy generation, storage, and infrastructure. |
Beyrer welcomed the direction of the Clean Industrial Deal, as it acknowledges the need to strengthen the business case for the green transition. “But it remains a strategy, it can only go so far”, he noted. “We need concrete next steps to accelerate energy deployment, shorten permitting times, and close the energy price gap. Only by making the transition work for business can we turn it into a success story for Europe.” |
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New global dynamics of competitiveness: The EU and Türkiye |
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| At the TÜSİAD High Advisory Council Meeting yesterday in Istanbul, our Director General Markus J. Beyrer underlined the importance of deepening EU-Türkiye economic ties in light of today’s global competitiveness challenges. Highlighting the long-standing Customs Union and close supply chain integration, he stressed the need for greater regulatory alignment, particularly in the green and digital transitions. He called for a renewed commitment on both sides to deepen integration, accelerate reforms, and modernise the Customs Union: “Türkiye’s alignment with the EU acquis and the Customs Union modernisation remain the best guarantee for the rule of law and strong institutions”, he said. |
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“The whole basis of trade is WTO rules. Now the rule is the power game: ‘I will impose what I think is best for me, and the bigger players with more power determine the rules and that is a huge change.” Our Deputy Director General Luisa Santos quoted in The Guardian on 6 June. |
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