European Smart Cities and Communities Initiative Launch Conference
Günther Oettinger said: "With a 80 Million Euro package we demonstrate smart integration of urban energy technologies in selected pilot cities. This will kick-start important new markets for European industry. Cities are key to the EU's objectives of 20% energy saving by 2020 and to developing a low carbon economy by 2050, because 70% of the EU's energy consumption takes place in cities."
Speaking to 500 representatives of cities, business, the financial sector and research institutions, EU Commissioner for Energy Günther Oettinger has today launched the EU's new Smart Cities and Communities Initiative, the EU's programme for the energy efficient cities of tomorrow.