A number of Central and South-Eastern European countries have agreed to reinforce collaboration on work to expand the safe and affordable supply of gas across the region.
Nine EU Member States, including Greece, Hungary, Italy and Romania, form the Co-operation under the Commission Initiative on Central and South-Eastern European Energy Connectivity (CESEC), which aims to improve energy access for citizens and business across the region.
At its fourth meeting ministers signed a Memorandum of Understanding to undertake a joint approach on electricity markets, energy efficiency and renewable development.
This included developing a list of priority projects to build an interconnected regional electricity market, as well as specific actions to boost renewable and energy efficiency investments.
Commissioner for Climate Action and Energy, Miguel Arias Cañete, said: “By extending CESEC’s scope beyond gas, we will ensure effective access to alternative sources of energy, promote competition and lower prices, while also decarbonising the region’s economies.”