The Third Energy Package has been passed (plenary session - 23/04/09). With this, a new set of regulations will come into place in Europes gas and power markets, which have the potential to radically alter the energy landscape and force utilities to reconfigure their overall business strategy.
Scope
- A concise yet authoritative analysis of how the liberalisation is set to continue within the European Unions gas and power market
- A succinct over-view of the new regulatory institutions: the roles, their powers and their mandate
- Projections for how the energy regulatory landscape is set to evolve within the EU over the next 5 years
Highlights of this title
Legally binding network codes are expected to come into place around 2014, paving the way for a simpler trading environment
ACERs actual powers will be limited but national regulatory authorities will become independent legal entities, making them stronger
M&A opportunities will become more attractive as the Third Package catalyses incumbents to dispose of transmission systems
Key reasons to purchase this title
- Understand the coming regulatory regime in European gas and power markets
- Define the role of regulators in terms of integrated approaches across the Union
- Anticipate the development of network codes and direct lobbying activities accordingly to the correct stakeholders
