Funding entity REKK (regional centre for energy policy research)
The main objective of the project is to promote the harmonisation of energy market regulation, under the framework of the EU legislation, in those Central and Eastern European countries where reform and restructuring of the energy sectors are in advanced status.
Lack of harmonisation of the new market rules erects barriers to effective cross border trade and, as a consequence, to the creation of liquid and transparent regional markets and after all to the creation of an integrated EU wide internal market
This has a harmful effect on the competitiveness of energy intensive sectors, the manufacturing industry among them. At the same time lack of a geographically wider energy market may discourage investments into production and transmission facilities leading to an adverse security of supply in long term. Both the need for economic competitiveness of the region and for the security of energy supply claim that the liberalisation process should not get stuck half-way in the form of small, segmented national markets.
The objective of this project is in line with the strategic vision of the European Commission and, at the same time, takes its concept regarding the creation of a South-East European energy market into consideration.
C3EM
