22. Notes that, due to the fact that Europe is a resource-constrained continent, energy prices in the EU have risen sharply in recent years, resulting in a marked deterioration in the global competitiveness of the industry in the EU; recognises that energy prices are the most important cost drivers for the steel industry and other energy-intensive industries; believes that the effective functioning of the single energy market, based on price transparency in particular, is a necessary precondition if the steel industry is to be supplied with secure and sustainable energy at affordable prices; highlights the fact that missing cross-bord ...[+++]er links should be completed and that the existing legislation needs to be fully implemented in order to reap the benefits of a single European energy market; supports the Commission’s promise to step up efforts to decrease the energy price and cost gap between the EU industry and its main competitors, taking into account the strategies of the individual Member States and enabling them to meet their specific national requirements; considers that the Commission should come forward within 12 months with concrete proposals to this end;

This document embodies the shared understanding between the European Commission (Commission) and the Commonwealth of Australia (Australia) regarding linking of the European Union Emissions Trading System (EU ETS) and the Australian emissions trading scheme established by the Clean Energy Act 2011 (Australian Scheme).

15. Stresses that there should be a focus not only on cross-border projects but also on internal transmission systems, which are crucial for the integration of energy markets, the integration of renewable generation and system security, the end of energy islands and the relief of internal bottlenecks that have an impact on the European power system as a whole; underlines the importance of guaranteeing that remote regions and their local needs are duly taken into account;

Because our country on a national scale gets most of its electricity from hydroelectricity, we have opportunities that other countries do not have to integrate wind energy into our system, because hydroelectricity is a very good partner for wind energy in terms of helping to manage the variability of wind when it's integrated into the system.

28. Is concerned that Headquarters' overview of audit and evaluation activities in the delegations is inadequate; notes that EDF activities are expected to be integrated into the CRIS system during first half of 2004; notes the Court of Auditors' concern that in the short term the CRIS-system is not likely to address weaknesses relating to the terms of reference, audit reports and follow-up of audit reports; asks the Commission to report by 1 September 2004 on whether: 1) the process of linking the OLAS accounting system to the CRIS system has been successful and 2) whether audits concerning EDF funds have been included in the CRIS sy ...[+++]stem;

acceleration of links to networked education and training systems.