EURELECTRIC Market Roadmaps Internal electricity market:  roadmap for integrated European (wholesale) markets External aspects:  roadmap towards compatible market conditions in EU and CIS

Pan-European market Road Map to a European Electricity Market: parallel approach Integration at European level Coordination between regions Development within regions Continued liberalisation of national markets

Harmonise market transparency and provision of data Congestion management Introduction of harmonised cross-border intra- day markets Harmonise balancing market rules, including settlement Address coordination of planning processes for new interconnectors and regional grid Proposed agenda for regional initiatives

External aspects: EURELECTRIC Approach Three pillars: market, environment, technical interconnections Market, environment protection and nuclear safety conditions should be made compatible in parallel with interconnection issues Interconnection (technical) issues are not handled by EURELECTRIC

Market Roadmap Consists of four Phases:  Phase 0: current phase  Phase 1: prepare conditions for limited wholesale market opening  Phase 2: prepare conditions for full wholesale market opening  Phase 3: ensure conditions for full market opening, also at retail level

Current Situation  We are in roadmap’s phase O  preparation to launch political process  preparation to establish a mechanism of monitoring, control and dispute settlement: Common Regulatory Council