Page 49 - European Energy Innovation - autumn 2018 publication
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Autumn 2018 European Energy Innovation  49

                                                                                       SUSTAINABLE PORTS

investment lists of European ports.       costly connection to the grid. All      But there is more. We believe that it is
                                          together a good investment and a        time to recognise the role European
In view of the limited budgets and        good way to lower shipping emissions    ports are and can play as nodes of
the huge investment needs across all      at berth and to make maritime and       energy, industry and blue economy,
modes, the Commission is putting a        port operations more acceptable for     which can make of European ports
lot of effort in directing ports towards  the people around the port. But it      the ideal stage director for developing
innovative financing instruments.         takes two to tango: the ships must      port areas into nodes of sustainable
                                          use the installations. Using OPS costs  growth. So far Europe’s Transport
As ESPO we are convinced that these       more than burning fuel on board:        Infrastructure policy is very much
new financial instruments can play        land-based energy is taxed whereas      geared to prioritising cross-border
a role but we are equally convinced       ship-generated energy is exempted.      projects. Ports risk to miss this boat
that many of the environmental            And even without taxes, there seems     since, situated in one Member State,
investments in ports are having a high    to be a price difference in favour of   they are not perceived as cross-
societal value, while only a limited      the fuel used on board of ships.        border. Ports however do not only
and slow return on investment. For                                                have a huge cross-border impact
these investments, grants remain          We therefore hope that ports can        but also an important cross-sector
vital. The investments in On Shore        benefit to a larger extent from         impact linking transport, energy,
Power Supply are a good example.          support from the Connecting             industry and bleu economy. In view
Investing in OPS, means for many          Europe Facility in view of lowering     of Europe’s decarbonisation agenda,
ports, not only investing in the          their environmental footprint and       it is time to see how ports can be a
needed equipment on the quay side         accommodating the greening of           spider in the web for guiding Europe
but also investing in a sometimes         shipping.                               through the energy transition. l

         It is time to recognise the role European
ports are and can play as nodes of energy,
industry and blue economy, which can make
of European ports the ideal stage director for
developing port areas into nodes of
sustainable growth.

[1] https://www.espo.be/media/Port%20Investment%20Study%202018_FINAL_1.pdf

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