| Today, Europacable attended the first High-Level Electricity Grids Forum organised under the patronage of the European Commission. The event brought together more than 250 participants including CEOs from European TSOs, industry stakeholders as well as EU Member States and Institutions. Marcello Del Brenna, chairman of the Europacable Energy Infrastructure Team, participated in the Session 3 on “People & Procurement” where he delivered the following messages: – “Let’s make investments for cable manufacturers viable to ensure sufficient European production capacity to meet the demand for 2030 and beyond and secure fair and level market conditions”; – “Let’s secure European technology leadership and drive cutting edge innovation”; – “Let’s ensure that raw materials critical for the cable industry remain available: Aluminium should be included in the Critical Raw Materials Act; Aluminium power cables need to be recognised under the Carbon Boarder Adjustment Mechanism; and Lead metal shall not to be authorised under REACH”. Mr. Battista and Mr. Westerlind represented Europacable at the invitation-only dinner hosted by EU Commissioner for Energy Ms. Kadri Simson on the eve of the event. Prior to that, Commissioner Simson had published her views on the strong need for grids built out and the role that the European cable industry should assume in an article in the Financial Times. |