Europe / Letta Report Calls For A Single EU Energy Market, Next Steps For Nuclear Fuel Security And US-Style State Support

Nuclear power and green energy plan in focus of bloc’s new industrial strategy to face global competition

Letta Report Calls For A Single EU Energy Market, Next Steps For Nuclear Fuel Security And US-Style State Support
Former Italian prime-minister Enrico Letta was tasked with a probe into EU competitiveness.

Former Italian prime minister Enrico Letta presented to EU leaders on 17 April a new concept for a single EU energy market recommending the need for the creation of a new clean energy delivery agency, responsible for nuclear fuel security, nuclear finance and a new hydrogen grid.

Speaking in Brussels at a news conference with EU president Charles Michel, Letta said that “the European Union is facing a final opportunity to take the steps required to allow it to compete effectively with the US, China and other rivals,” according to Reuters press reports last week.

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