
Günther Oettinger said "Only a new energy model will make our system secure, competitive and sustainable in the long-run. We now have a European framework for the necessary policy measures to be taken in order to secure the right investments."

- Stress tests well on track
- EU will give extra €500 million for the decommissioning of old Soviet type nuclear reactors

Günther Oettinger said "Today, most oil and gas in Europe is produced offshore, often in harsh geographical and geological conditions. Given our growing energy demand, we will need all the oil and gas from beneath our seas. But we need to prevent accidents like Deepwater Horizon in the Gulf of Mexico from happening. Securing best industry practices in all our offshore operations is an undisputable must. Today's proposal is a crucial step forward towards safer offshore activities to the benefit of our citizens and our environment."

The European Commission has today tabled a plan which will fund €50 billion worth of investment to improve Europe's transport, energy and digital networks.

On 29 September 2011, Günther H. Oettinger organises a one day high-level conference on the completion of the EU internal energy market - 'Getting to 2014'.

Günther Oettinger said: "The EU energy policy has made real progress over the last several years. Now, the EU must extend the achievements of its large internal energy market beyond its borders to ensure the security of energy supplies to Europe and foster international energy partnerships. Therefore, the Commission proposes today a coherent approach in the energy relations with third countries. This need to improve internal coordination so that the EU and its Member States act together and speak with one voice."