Maroš Šefčovič to announce plan on Wednesday for single energy market – including an alternative pipeline – expected to meet scepticism from members
The EU executive is to unveil radical and ambitious plans on Wednesday to establish a single European market in energy supplies, purchases and consumption, in an attempt to loosen the Kremlin’s stranglehold on Europe’s gas supplies.
The far-reaching scheme would also strengthen the power of Brussels against national energy regulators; boost consumer choice transnationally when buying electricity services; generate a bonanza in energy infrastructure investment; and integrate supply systems regionally and on an EU-wide scale.
The EU has energy rules set at the European level, but it has 28 national regulatory frameworks. This cannot continue
Consumers in one member state should be able to buy their energy freely and simply from a company in another