The investment package was proposed last year as part of the wider Connecting Europe Facility for 2014-2020.

In a letter sent to policy makers ahead of next week’s informal meeting of European energy ministers in Cyprus, Eurelectric, EWEA and wire and cable manufacturers' lobbyist Europacable say the proposed amount “'is crucial for Europe's recovery and continued growth, and to meet the EU's 2020 renewable energy target and longer-term decarbonisation goals”.

The