EU: Internal Energy Market by 2014?

A new report released today by the European Wind Energy Association argues that EU electricity market rules must reflect the energy generation mix of the future and help usher in a flexible power system with a large-scale uptake of wind power and other renewable energy sources.
"The European wind industry strongly supports the creation of a single market in electricity," said Paul Wilczek, Senior Regulatory Affairs Advisor, Grids and Internal Electricity Market, at EWEA. "If Europe is serious about decarbonising the power sector in a cost-effective manner, it has to create a market that facilitates this transformation. EWEA's new report sets out how a single market in electricity could simultaneously create benefits for all producers and consumers and integrate renewable energy sources."
The report comes as the Single European Act - creating a single market in goods, capital, people and services - turns 25, and yet there is still no single market in electricity. EU Heads of State have agreed that Europe should have an internal energy market by 2014, but the EU is not on track to meet that target.