EU unveils energy market plans / EU’s energy plans prompt Moscow fears

Author (Person)
Series Title
Series Details 20.9.07
Publication Date 20/09/2007
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On the 19 September 2007 the European Commission adopted the third Legislative Package on the Internal Energy Market, with the objective to ensure a real and effective choice of supplier and benefits to every single EU citizen.

The Commission has tried to address the shortcomings identified in the reports on the internal energy market presented in January 2007.

The package included proposals to ensure efficient unbundling between transmission networks and commercial gas and electricity companies; new powers for national regulators; the creation of a European authority for cross-border transit of gas and electricity; the reinforcement of transparency and the protection of vulnerable consumers and public service obligations.

The individual proposals comprise:

A Regulation establishing the EU Agency for the cooperation of National Energy Regulators

An Electricity Directive amending and completing the existing Electricity Directive 2003/54

A Gas Directive amending and completing the existing Gas Directive 2003/55

An Electricity Regulation amending and completing the existing Electricity Regulation 1228/03

A Gas Regulation amending and completing the existing Gas Regulation 1775/05

Related Links
European Commission: Press Release: IP/07/1361: Energising Europe: A real market with secure supply http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/1361&format=HTML&aged=0&language=EN&guiLanguage=en
European Commission: DG Competition: Energy: Sector Inquiry http://ec.europa.eu/comm/competition/sectors/energy/inquiry/index.html
European Commission: DG Energy and Transport: Energy: Electricity: The EU Electricity & Gas markets, third legislative package, September 2007 http://ec.europa.eu/energy/electricity/package_2007/index_en.htm
BBC News, 19.9.07: European energy reform unveiled http://news.bbc.co.uk/1/hi/business/7002700.stm
The Tocqueville Connection, 19.9.07: EU seeks to split up energy giants http://www.adetocqueville.com/
Deutsche Welle, 19.9.07: EU Moves to Limit Power of Big Utility Companies http://www.dw-world.de/dw/article/0,2144,2788705,00.html
Eur-Activ: Liberalisation of EU electricity and gas sector http://www.euractiv.com/en/energy/liberalising-eu-energy-sector/article-145320
European Transmission System Operators (ETSO) http://www.etso-net.org/
Website: EURELECTRIC http://www.eurelectric.org/
European Federation of Public Service Union (EPSU): Press Release, 19.9.07: Action plan to confront 3rd package internal market electricity and gas http://www.epsu.org/a/3206
Website: European Renewable Energy Council (EREC) http://www.erec-renewables.org/
Website: Council of European Energy Regulators (CEER) http://www.ceer-eu.org/portal/page/portal/CEER_HOME

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