The Commission informed the Council about this topic as requested by the European Council of 4 February 2011, during which the Commission was invited to report by June 2011 to the Council on figures for the investments likely to be needed, on suggestions as to how to respond to financing requirements and on how to address possible obstacles to infrastructure investment.
The Commission's report contains its analysis with regard to the investment needs of European relevance in electricity (about EUR 140 billion) and gas infrastructures (about EUR 70 billion) for the period up to 2020, the investments at risk of not being delivered due to various obstacles as well as the measures proposed to respond to the financing requirements and overcome the obstacles identified.
A Commission's legislative proposal in this field is expected to be presented in October 2011.