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COPYRIGHT 2007 Reed Business Information Ltd.
Faced with a likely investment of [euro]25 billion in generation capacity over the next 25 years, the "overriding priority" in giving investment signals is a properly functioning market, the European Commission says. But simply directing investment in the most efficient way is not enough: the Commission also has ambitious targets on energy efficiency and reducing greenhouse gas emissions.
Action plans on renewable energy, written at country level and scrutinised by the Commission for "coherence", should direct...
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