What is the Magritte Group?
GasTerra is a member of the Magritte Group, which was set up in 2013. The group was named after the first meeting venue, the Magritte Museum in Brussels.
Who are the members of the Magritte Group?
Ten major energy companies that operate within the European Union as electricity and/or gas supplier:
What are the group's objectives?
The CEOs of the companies mentioned above see the Magritte Group as a means of making European and national policy makers more aware of the urgent need for a new energy and climate policy for the European Union. The group is committed to the three pillars upon which this policy is based: affordability, sustainability and reliability. The group supports the need to achieve one liberalized European energy market.
What are the problems?
- The affordability of energy for consumers is at stake.
- The international competitiveness of energy-intensive industries has deteriorated.
- Subsidy systems for renewable energy are not effective.
- The reduction of greenhouse gas emissions is coming to a standstill.
- The reliability of the electricity supply is at risk.
- The role of gas in the energy transition is under pressure as a result of geopolitical developments.
- Investments in infrastructure are falling behind.
- The implementation of the internal energy market is incomplete.
- European policy is overshadowed by fragmented national policies.
What should be done according to the group?
- The energy bill for consumers should again reflect the true cost of energy supply.
- Mature forms of renewable energy should become an integral part of the energy market and should be subjected to economic incentives.
- Subsidy systems should focus on developing innovative technologies.
- An ambitious, but realistic target for greenhouse gas reduction (at least -40% in 2030 compared to 1990) should be the central focus for climate policy.
- The main policy instrument to achieving these climate targets, the ETS, should be reformed.
- Targeted measures are needed for internationally competitive industries, if a less ambitious climate policy is pursued elsewhere in the world.
- In some European regions, measures are needed to ensure the reliability of electricity supply, such as providing capacity payments.
- All EU member states have to meet all the obligations arising from the liberalization package ('EU 3rd Package').
- National production of energy in the European Union should be encouraged and there should be sufficient diversity in sources and supply routes of imported energy.
- The role that gas can play in the future of energy supply, should be upgraded.
- Member states should renounce their own policy and measures if these impede the European energy and climate policy and disrupt the common market
What activities does the group engage in?
- The group publishes high-level positioning papers on various issues for the European Commission, the European Parliament and EU member state governments.
- The group leaves the detailed elaboration of policy issues to existing organizations, such as Eurelectric and Eurogas.
- The group periodically discusses its ideas with
- those members of the European Commission who are responsible for energy and climate policy;
- European parliamentarians;
- Heads of state of EU member states;
- Representatives of the international (trade) press.