Towards a smarter and more efficient energy system across Europe

July 14, 2022

To succeed in limiting global warming and increasing energy security, SmartSPIN, NEON and V2Market – three European funded projects – want to contribute to moving away from fossil fuels to a more energy efficient and flexible energy system with increased shares of renewable energy across Europe. EU policies and investments must play an important role in facilitating the energy transition.

Meeting the goals of the ‘Fit-for-55’ legislative package by 2030 and the transition towards the 2050 climate neutrality objective, it is essential to support Europe’s competitiveness on a global scale and the availability of efficient energy at affordable cost.

The organizations support the EU ambitions towards a decarbonized energy system. Energy efficiency and flexibility are important parts of the European’s ambition to become climate- neutral by 2050, but significant efforts are still needed. To reach climate goals and increase energy security without hindering economic progress, countries need to make use of the energy efficiency and flexibility potential across all sectors and economic activity.

European projects can play a central role in accelerating progress towards a low-carbon, resilient and inclusive energy system by creating synergies between them and beyond. To maximize such synergies SmartSPIN, NEON and V2Market have joined forces to establish common goals to achieve a greater impact.

The three projects will be working closely together to design new approaches and business models to enhance energy efficiency and flexibility across Europe.

Read the signed Joint Statement here.