Regional and EU-Wide Positive Externalities of the Project Sample Clauses

Regional and EU-Wide Positive Externalities of the Project. The concerned NRAs note that the projects are essential elements in ending the Finnish gas isolation, and in first stage connecting Finland to the Baltic gas market and later to European gas market development. Thus, the projects generate positive externalities in terms of enhancement of competition and market integration, security of gas supply and sustainability in the Finnish-Baltic region, and contributes to the European energy policy goals.
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Regional and EU-Wide Positive Externalities of the Project. The concerned NRAs note that the project is essential to reduce price differences between market areas and to Finland’s security of supply. In addition the projects will increase capacity for North-South transmission of surplus hydro and wind power from Northern Scandinavia and connecting new wind power planned for the region, thus increasing renewable power generation. Also the project will reduce Finland’s dependency on electricity import from a Non- ENTSO country. Thus, the project generate positive externalities in terms of enhancement of competition and market integration, security of electricity supply and sustainability, and thus contributing to the European energy policy goals.

Related to Regional and EU-Wide Positive Externalities of the Project

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