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EU Energy Law Volume I: The Internal Energy Market (The Third Liberalisation Package) Third Edition
Claeys & Casteels Publishing, March 2010, Pages: 1,176
The Third Internal Market package marks a watershed in the EU's efforts to introduce effective liberalization of its electricity and gas markets.
It comprises five separate legal acts that introduce new rules on:
More effective unbundling, requiring real and effective separation of the transmission company from generation/supply and the introduction of the choice between ownership unbundling, ITS, ISO and ISO+.
New additional powers for national energy regulators.
A new European Agency, ACER, that brings together national energy regulators.
New transmission bodies, ENTSOE and ENTSOG that will be able to take more concentrated and effective action to develop common rules that will result in better market integration.
A new streamlined decision-making process, in which the new Agency and TSO bodies play a leading role, in developing common codes and rules.
New rules on network planning and on customer protection
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