1. Completing the EU internal energy market
Completing the EU internal energy market
Peter Pozsgai – European Commission, DG ENER

2. EU energy policy
Competitiveness
Security of Supply
Sustainability
EU energy policy has consistently been defined by three objectives

3. Completing the EU internal energy market
Target date 2014
What is to be done?
Implementing Third energy package
Harmonising market rules and network operation rules
Enforcing competition and State aid rules
Enhancing investments in infrastructure
Empowering consumers
Promoting regional initiatives

4. Implementing the Third energy package
A timely and correct implementation is a precondition for market opening and integration in the EU
Key topics:
Unbundling of networks
Strengthening of independence and powers of national regulators
Empowering of consumers
New institutional set up
Implementation process to be accelerated

5. Harmonising market rules and network operation rules
Rules to operate networks and markets on the basis of common principles
Objective: facilitate cross-border trade and reduce transaction costs to the benefit of businesses and consumers
Development of framework guidelines and network codes; extensive process involving stakeholders

6. Introducing a new institutional set up
ACER
Key role in developing technical rules at EU level together with ENTSOs and Commission
Can adopt decisions on cross border issues
Monitors and reports on market functioning
ENTSO
Key role in developing technical rules at EU level together with ACER and Commission
Develop network development plans
Promote regional cooperation between TSOs

7. Enhancing investments in infrastructure
Gas
Electricity
Electricity and Gas
Oil and Gas
Smart Grids for Electricity
in the EU
Baltic Energy Market Interconnection Plan
Electricity & Gas
North Seas
Offshore Grid
Central / South Eastern
Electricity Connections
North-South Gas Corridor
in Western Europe
North-South Gas
Interconnections
& Oil Supply
Southern
Gas Corridor
South Western
Electricity Interconnections
See:

8. Enforcing competition rules in the EU
Energy regulation interacts directly with application of competition and State aid rules
EU internal energy market can only function if rules on competition and State aids are respected
Effective enforcement by Commission and by national competition authorities remains essential

9. Empowering consumers
We need more competition, better choice, smarter technologies and protection of vulnerable consumers

10. Promoting regional initiatives in the EU
New dynamism in regional initiatives - both for electricity and for gas - is fundamental to get to full market integration by 2014

11. Extending the EU energy market to neighbouring countries
EU + EEA
Energy Community Parties
Energy Community Observers
Other Neighbourhood Policy Countries
Source: European Commission

12. Thank you for your attention