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

AB Bank SNORAS increases the capital amounting to LTL 72.5 million

On 31 August 2009 in a non-public way AB Bank SNORAS issued the emission of perpetual debt securities included into the bank capital amounting to LTL 72.5 million. more »

EU invests €6.8m for academic cooperation with industrialised countries in North America

The European Commission, through its longstanding cooperation with the US and Canada, announces the launch of 33 new and innovative projects involving universities and training institutions on both sides of the Atlantic. more »

The European Commission and the cosmetic industry match research funds to develop alternative solutions to animal testing

Today at the VII World Congress on Alternatives and Animal Use in the Life Sciences in Rome, the European Commission and the European cosmetic industry presented their joint financial effort for research into alternative safety testing methods. more »

SEB Bank invests LTL 4.6 million in to faster data transmission technologies

SEB Bank, the largest bank in Lithuania, invests almost LTL 4.6 million in to the upgrade of its data transmission network. more »

World Bank Supports Further Improvement of Rural Road Network in Armenia (39280)

The World Bank’s Board of Executive Directors today approved a credit of US$ 36.6 million equivalent of additional financing for the Lifeline Road Improvement Project for Armenia. more »

IMF Completes First Review Under Stand-By Arrangement with Latvia and Approves €195.2 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the first review of Latvia's performance under an economic program supported by a 27-month Stand-By Arrangement. more »

Commission approves the restructuring of Austrian Airlines

The Commission has today decided to close the formal investigation procedure into the privatisation and restructuring of Austrian Airlines concluding that the restructuring following its sale to Lufthansa is compatible with community law. more »

Wall Street applauds Bernanke

Ben Bernanke's reappointment as head of the Federal Reserve did not come as a surprise, but Wall Street still responded with the proverbial thumbs up. more »

Statistics on hotels in Lithania

Over I half-year 2009 accommodation establishments had by 22 per cent less guests. more »

Carbon fund set up by EBRD and EIB in 1st Russian venture

In the first such transaction in Russia, carbon credits generated by utilising gas which would otherwise be flared at an oilfield in eastern Siberia are to be purchased through a carbon fund set up by the EBRD and the European Investment Bank (EIB), the Multilateral Carbon Credit Fund (MCCF). more »