French President Emmanuel Macron called for the establishment of a single energy market and an integrated electricity grid across Europe. Speaking in Antwerp, Belgium, Macron argued that large-scale investments are needed for Europe to achieve a more integrated and competitive energy structure.
Macron stated that Europe must be both a true “Single Market” and a strong economic actor, emphasizing that creating a common structure in the energy sector is critical for industrial competitiveness.
Addressing energy prices in his speech, Macron said that high energy costs combined with carbon costs are accelerating deindustrialization, while failing to adequately support decarbonization.
Key points from Macron’s speech include:
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A single energy market and an integrated electricity grid should be established across Europe.
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A common energy structure must provide industry with stable, predictable, and competitive energy.
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An integrated Europe-wide grid should replace fragmented or purely national systems.
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High energy prices and carbon costs together are accelerating deindustrialization.
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He said it was a mistake in the past to separate renewable energy and nuclear energy sources.