Financing the European Energy Infrastructure of the Future

Simone Tagliapietra
Additional contact information
Simone Tagliapietra: Fondazione Eni Enrico Mattei and Università Cattolica del Sacro Cuore, Milan

Review of Environment, Energy and Economics - Re3, 2013

Abstract: Europe is in need of massive infrastructure investments. Only in the energy sector, EUR 1.1 trillion will be needed by 2020 to finance an infrastructure able to match future demand for energy, to ensure security of supply and to comply with the decarbonisation targets. However, the EU infrastructure-funding model is congested by a mix of financial, regulatory and institutional constrains. Given the crucial role played by energy infrastructure in an economic system, this bottleneck could seriously undermine the recovery of the EU economy and its future prospects of growth. For this reason, it is necessary and urgent to find new ways to promote private sector financing of energy infrastructure projects, through innovative tools such as the Connecting Europe Facility and the Europe 2020 Project Bond Initiative.

Keywords: EU Energy market; Energy infrastructure; Institutional investors; Connecting Europe Facility; Europe 2020 Project Bond Initiative (search for similar items in EconPapers)
JEL-codes: F50 O13 Q40 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.feem.it/getpage.aspx?id=5818

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fem:femre3:2013.10-01

Access Statistics for this article

More articles in Review of Environment, Energy and Economics - Re3 from Fondazione Eni Enrico Mattei Contact information at EDIRC.
Bibliographic data for series maintained by Alberto Prina Cerai ( this e-mail address is bad, please contact ).