The Committee of the Regions has finalised a consultation on the further liberalisation of the European Union’s electricity and gas market. The general feedback suggests that these proposals are too far-reaching, as respondents argued that it would be better to properly implement the legal framework adopted in 2003. In addition, the feedback suggests that more practical help must be provided to EU Member States and regions that have not yet transposed this legislation. The Commission’s idea to set up an Agency for the Cooperation of European Regulators and its proposal on ownership unbundling (the separation of network activities from supply and production) were both rejected. This was because there was no adequate economic evidence showing these to be necessary to ensure the proper functioning of the market.
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Liberalisation of electricity and gas market goes too far
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