The Nordic Council of Ministers supports the energy project on enhanced cooperation

The process of developing the Report is an excellent opportunity to have an ongoing dialogue between the stakeholders in the Baltic Sea Region – politicians, civil servants, industry and the R&D community.

Baltic Development Forum in cooperation with Ea Energy Analysis and other partners, in particular Eesti Energia, Gasunie and E.ON, actively involved in the process, will strengthen work on the energy scenarios with the objective of promoting broad consensus on a list of prioritised energy project that can improve energy security in the Baltic Sea Region, establish an efficient energy market, reduce CO2 emissions as well as promote renewable energies.

The project aims at providing and strengthening a common understanding of energy-related issues and at enhancing closer regional cooperation by identifying specific cooperation opportunities and projects within the energy and climate sector in the Baltic Sea Region. An open process, based on reliable and transparent data, multi stakeholders’ involvement and scenario-modelling, is chosen for promoting enhanced regional energy cooperation in the Baltic Sea Region.

This initiative tie well in with the European Council’s decision to develop an EU strategy for the Baltic Sea Region and in light with the October conclusions of the European Council, which support the Commission initiative of establishing a plan of action to speed up interconnections in the Baltic region, the development of the report for enhanced cooperation is becoming more then urgent.

The Baltic Sea Region has a significant potential for further developing regional projects, which could benefit the region as a showcase for sustainable energy development and contribute at becoming frontrunners in innovative solutions through regional cooperation.