Important milestones such as the implementation of the European Price Coupling linking the electricity markets from the Strait of Gibraltar to the Barents Sea are highlighted in the last edition of the ACER Regional Initiatives report on progress made on regional and cross-regional market integration last year. The report also describes obstacles faced in 2014 and challenges ahead. ACER, which is in charge of coordinating this ‘bottom-up’ approach to market integration, has produced the report in line with its Annual Work Programme to assess the progress achieved with the specific project-approach in the electricity and gas fields. Being 2014 the deadline set the Council of the EU for the completion of the Internal Energy Market, this report observes the progress achieved as well as the difficulties in order to draw useful lessons for the coming implementation of the binding Network Codes. This move from the voluntary to the mandatory process will mark a new era in which the Agency and the National Regulatory Authorities have additional tools for achieving the Internal Energy market. You can find out more here.
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ACER Review Of 2014 Regional Initiatives For Energy Market Integration Highlights Coupling From The Strait Of Gibraltar To The Barents Sea
Date 10/02/2015