3rd Energy Package gets final approval from MEPs

Published: 29 April 2009 y., Wednesday

Gamtinių dujų saugykla
More choice, investment and security of supply lie at the heart of the 3rd energy package. EU energy markets will become more competitive as energy companies will have to separate supply and production from transmission activities. The wide-ranging rules adopted by Parliament 21 April 2009 will also improve consumer rights and promote regional solidarity in the event of severe gas supply disruptions.

Parliament backed by a large majority a compromise on the “third energy package” agreed between MEPs and the Council Presidency. At the heart of the proposals is the concept of “unbundling” - separating the operation of gas pipelines and electricity networks from the business of providing gas or generating power.

Separating supply and production
 
Member States will have to choose among three options for separating supply and production activities by gas and electricity transmission networks:
 
full ownership unbundling the independent system operator (ISO)the independent transmission operator (ITO)
The three options will apply to transmission networks - such as the high-voltage power lines which connect distant power plants to sub-stations in populated regions.
 
Improved consumer rights
 
For the consumer the shake-up in the market will mean getting all the relevant data about how much gas or electricity they use and information on bills and what rights they have as consumers. The creation of an energy Ombudsman or consumer council is also envisaged.
 
On the EP's initiative the new legislation includes special protection measures for vulnerable energy consumers. EU countries should take “appropriate measures” to address energy poverty such as National Energy Action Plans or benefits in social security systems to guarantee necessary energy supply to vulnerable customers.
 
Energy solidarity in emergency situations
 
The new legislation also seeks to promote “regional solidarity”. It requires Member States to co-operate in the event of “severe disruptions” of gas supply, by coordinating national emergency measures or developing and upgrading electricity and gas interconnections.


 

Šaltinis: europarl.europa.eu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

The Bank of Lithuania allowed AB Bank SNORAS to acquire AB bank “Finasta”

During the meeting, which took place on 3 September 2009 the Bank of Lithuania approved the transaction, according to which AB Bank SNORAS will acquire 100 percent of the shares of AB “Finasta įmonių finansai” owning AB bank “Finasta”. more »

Commission proposes fishing opportunities for the Baltic Sea for 2010

The European Commission tabled yesterday its proposal on fishing possibilities for fish stocks in the Baltic Sea for 2010. more »

European bank data transfers must comply with European standards, say MEPs

Members of the Civil Liberties Committee voiced concern on Thursday over the interim agreement under negotiation between the EU and the United States on data transfers via the SWIFT network. more »

EU invests in building independent consumer magazines and websites in Cyprus, Czech Republic, Hungary, Poland, Romania and Slovenia

Consumers in Cyprus, the Czech Republic, Hungary, Poland, Romania and Slovenia now have access to consumer magazines and websites, which provide independent, comparative testing of consumer products, following a three-year EU project co-financed by the European Commission. more »

“SNORAS Asset Management” will establish renewable energy sources fund

Funds management company “SNORAS Asset Management” will establish the first alternative investment fund in Lithuania - “SAM Renewable Energy Fund”. more »

European innovation policy – successes but also new challenges

The re-launched Lisbon Partnership for growth and jobs has put innovation and entrepreneurship at the centre and called for decisive and more coherent action by the Community and the Member States in view of mastering the shift towards knowledge based low carbon economy. more »

Milk prices: dairy farmers need help now and later, say Agriculture Committee MEPs

Helping dairy farmers now, as well as restructuring the dairy sector in the long run, is the way out of the current milk market crisis, Agriculture Committee MEPs told Agriculture Commissioner Mariann Fischer Boel in a debate on Tuesday. more »

Lights out for traditional bulbs

The EU is phasing out traditional light bulbs over the next three years in favour of a new generation of energy-efficient lighting. more »

Lithuania Raises VAT Rate

Lithuania increases the VAT rate from 19 % to 21 % from September 1, 2009. more »

Thailand Eyes Clean Technology Fund and a Low-Carbon Future

Two recent joint missions from three development finance institutions helped Thailand identify low carbon projects that could be eligible for Clean Technology Fund financing. more »