Companies Call for EU Single Energy Market
Feb 19, 2011 - energycentral.com
Two days before the first-ever EU summit on energy, twenty European companies
and associations are calling on EU Heads of State to show the courage and vision
to create a single market for electricity by 2015.
Companies already supporting the declaration:
Acciona, Enercon, Enel Green Power, EON Climate & Renewables, GE Energy,
Mainstream Renewable Power, PPC Renewables, RES, Siemens, SSE Renewables, Vattenfall
Associations already supporting the declaration:
European Biomass Association (AEBIOM), European Geothermal Energy Council
(EGEC), the European Photovoltaic Industry Association (EPIA), the European
Renewable Energy Council (EREC), the European Solar Thermal Electricity Association
(ESTELA), European Biomass Industry Association (EUBIA), European Wind Energy
Association (EWEA) and the Friends of the Supergrid.
Declaration on the Single European Energy Market
"A Europe without its single market is unthinkable. It has boosted trade,
competition and prosperity in Europe, created millions of new jobs, provided
wider consumer choice, and a hugely expanded market for business.
But 25 years after the signing of the Single European Act there is still
no single market in electricity.
European legislation has guaranteed some choice of electricity provider,
but only 5% of Europe's electricity is traded across borders. As a consequence,
competition is inefficient and allows electricity suppliers to pass any increase
in the price of the coal, gas - or in the future carbon - straight onto the
consumer without risk of significant loss of business. This is not acceptable.
A properly functioning European market in electricity would have many benefits:
In order to achieve a single market in electricity, Europe needs both the
infrastructure to transport electricity from one part of Europe to another,
and a common set of market rules. An interconnected system of roads, railways,
shipping and air routes throughout Europe is a precondition for maintaining
Europe's four freedoms, created by the Single European Act 25 years ago: the
free movement of goods, services, capital and labour. Europe needs a fifth
freedom - the free movement of electricity across borders - and effective competition
and an interconnected electricity grid are key to establishing it.
25 years ago European leaders showed courage and vision by creating a single
European market. Today's leaders must show similar determination in achieving
a single market in electricity, and the Heads of State have the opportunity
to show such courage and vision by agreeing on 4 February to create a single
market for electricity by 2015."
See the declaration (http://www.ewea.org/fileadmin/ewea_documents/documents/press/campaigns/dec
(Due to the length of this URL, it may be necessary to copy and paste this
hyperlink into your Internet browser's URL address field. Remove the space
if one exists.)
EWEA - European Wind Energy Association
SOURCE EWEA European Wind Energy Association