The EU Commission  announced its plan to present the EU Energy Action Plan for 2010- 2014 this May as a follow-up to the 2007-2009 the approved  common European 20-20-20 energy policy and energy market policy in 2007 that resulted in the adoption of the energy and climate package. The Spanish EU presidency has presented a report on the priorities for the Action Plan taking the EU’s Second Strategic Energy Review as the basis.  While the 2007-2009 plan concentrated on sustainability and the internal market, the new roadmap would focus on security of supply issues and technology development, including a revision of the EU’s Energy Efficiency Action Plan. The new energy Commissioner, Guenther Oettinger, said he would present proposals at the beginning of next year. The Commission is also considering a new infrastructure package in November, which would seek to address the integration of renewable energies into the grid and the development of smart grids.

According to Commissioner Oettinger, Europe will need to replace half of its power generation capacity by 2030 and according to a draft of the Ten Year Network Development Plan of the European Network of Transmission System Operators for Electricity (ENTSO-E), up  to 28 billion Euros in investments in electricity infrastructure over the next five years to secure its key energy goals, including integrating renewable energies into the grid. More info on the DG Energy website