Online Breakfast-Debate with Cristina Lobillo Borrero, Director of Energy Policy at DG ENER of the European Commission: The role of European energetic policy in achieving the objectives of the Green Deal
On Tuesday 10th November, the Official Spanish Chamber of Commerce in Belgium and Luxembourg organised a new virtual breakfast debate within the framework of its “Business Circle” platform. The breakfast focused on “The role of European energetic policy in achieving the objectives of the Green Deal” and Cristina Lobillo, Director of Energy Policy at DG ENER of the European Commission was the guest speaker.
Pablo López Álvarez, Vicepresident of the Chamber and moderator of the event, welcomed and thanked the speakers as well as all the attendees.
Afterwards, on behalf of the member company and sponsor of the event, Repsol, its Director of Institutional Affairs Spain & Europe, Marta Camacho Parejo, took the floor and thanked the speaker. Camacho highlighted the groundbreaking commitment of Repsol to the fight against climate change, as demonstrated by the fact of being the first energy company to commit to climate neutrality by 2050 or to sign the Kyoto Protocol. In order to achieve this ambitious goal, the enterprise is committed to a change of paradigm that involves the circular economy, technological neutrality, and the concept of the ‘refinery of the future’, based on hydrogen and synthetic fuels. Marta also pointed out urban fuels and biofuels as the necessary path for a relatively rapid decarbonisation of our economies, that will allow us to meet emission reduction and climate neutrality targets. Finally, she concluded by highlighting the value of industrial hubs in order to generate an innovative European industry that is a source of employment and economic value.
Cristina Lobillo Borrero began by outlining the strategy followed by the Commission over the last decade in terms of reduction of greenhouse gases, such as the reduction targets for 2020, the energy regulatory packages since 2007, and the Paris Agreement.Today, we face a scenario of renewed climate ambition.As a result of this ambition, the current European Commission made an ambitious commitment to reduce emissions by 55% for 2030 and achieve climate neutrality for the continent by 2050 through the Green Deal. Also, in this regard, the Commission launched the proposal for a Climate Law, currently under negotiation, as well as the implementation of a fair transition mechanism to assist with investments and adequate funds for those sectors that need more renovation or will be most affected.
Lobillo also put emphasis on the work being done by the Commission. They are working to propose in the work programme for 2021 a whole range of legislation that also includes the revision of some energy directives. All this from a realistic approach based on impact studies. The speaker also explain the link between the recovery fund (Next Generation EU) and the Commission’s priorities, since obtaining these funds will be linked to the objectives of the Green Deal, the digital transition and the European semester. Finally, Lobillo highlighted the international reality in which it is more necessary than ever for the EU, which produces barely 9% of global emissions, to remain active in international forums in order to ensure that the major economic centres also commit to climate neutrality.
During the round of questions, the participants were able to express their doubts and comments on many areas of interest. Thus, topics such as the capacity of Member States to absorb all recovery funds given their volume, the proposals for the border adjustment mechanism with regard to carbon or the European hydrogen strategy or the renewal of the gas sector were discussed.
From the Official Spanish Chamber of Commerce in Belgium and Luxembourg we would like to thank Cristina Lobillo Borrero, our member company Repsol for sponsoring this event and all attendees for joining this event.
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participation in the Breakfast-Debate. Luengo made a brief presentation of the speaker along with a general description of the agenda for the digitisation that is managed from the Office of the Vice President Vestager. He also wanted to highlight Indra’s commitment with new international markets in this new wave of digital innovation.
Afterwards, on behalf of the member company and sponsor of the event, Iberdrola, its Director of European Public Affairs, Eva Chamizo, took the floor and thanked the spekaer and the entire team of the European Commission’s Working Group for Recovery and Resilience, for their great work in contributing from the European institutions to economic recovery. Chamizo stressed the need to commit to a green and sustainable recovery linked to the objectives of the Green Deal and allows private investment in clean energy. She also highlighted Iberdrola’s long career in prioritising investment in green energy, which made Iberdrola stand out among the leading companies in the sector.
This plan is aimed first and firstly at the ecological transition of the European Union towards a climate-neutral Europe by 2050 in line with the Green Deal. The speaker also highlighted as the second key of the economic recovery, the digital transition to adapt our economies and societies to new technologies. Fábregas went on explaining that it will be up to the Member States to present their national recovery plans to the European Commission from 15 October, which will ensure that they are properly implemented through the auditing and control mechanisms that are being applied to all European funds. The Director of the Working Group for Recovery and Resilience explained that the management of the mechanism’s funds will have to be done in accordance with the constitutional order of each country and in accordance with the distribution of competences in the case of decentralised Member States. However, national governments will have a certain margin to determine how they will manage them, either through transfers to sub-national entities (federated states, autonomous communities, etc.) or through central agencies.

Del Castillo also emphasized the need for the legislative proposal made by the Commission to take into
Lina Gálvez took the floor talking, firstly, about the modification of the priorities of the ITRE committee as a result of the crisis of the COVID as well as the energy and digital transition (twin transition), mentioning the decrease in commitment to research and renewal by the EU in the latest budget negotiations, which she considers a big mistake. The MEP also explained how in Europe there has never been a single industrial strategy, although it is clear that there should be as a result of this crisis. Gálvez also stressed the importance of green energy, with the horizon of climate neutrality for 2050 to which not all member countries are at the same point. He also referred to how climate and energy legislation have a central weight in the regulatory agenda of the coming years: hydrogen, electric batteries and the long-term commitment to green energy are some of the items on the agenda.













