EU energy chief wants 1 trillion euro network revamp

BRUSSELS | Wed Nov 10, 2010 5:04am EST

BRUSSELS Nov 10 (Reuters) - Europe's energy chief unveiled a strategy on Wednesday for investing 1 trillion euros ($1,391 billion) over the next decade in a shared EU energy network to bolster solidarity and curb rising dependence on fossil fuel imports.

European Union Energy Commissioner Guenther Oettinger said the narrow interests of national capitals had prevailed for too long. He asked European leaders to back his plan for unity at the first EU energy summit on Feb. 4.
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