25 Feb '15, 10pm

European Commission proposes dramatic energy market reforms

Solidarity clause. Reducing the dependence on single suppliers and fully relying on their neighbours, especially when confronted with energy supply disruptions. With more transparency when EU countries make deals to buy energy or gas from countries outside the EU; Energy flows, as if it were a ‘Fifth’ freedom. That of free flow of energy across borders - strictly enforcing the current rules in areas such as energy unbundling and the independence of regulators – taking legal action if needed. Redesigning the electricity market to be more interconnected, more renewable and more responsive. Seriously overhauling state interventions in the internal market, and phasing out environmentally harmful subsidies. Energy efficiency first. Fundamentally rethinking energy efficiency and treating it as an energy source in its own right so that it can compete on equal terms with generatio...

Full article: http://www.renewableenergyfocus.com/view/41507/european-c...

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