How will the internal energy market help in the development of Renewable Energy Sources?
The EU’s use of renewable energy should be 20% of its energy mix by 2020. This target cannot be met without a properly functioning energy market. Without effective unbundling integrated network operators have no reason to develop the network in the overall interest of the market. With effective unbundling though, the generators, the network operators, owners and the suppliers have an incentive to invest in the generation of renewable energy and to diversify energy generation methods. Secondly, the Third Legislative Package gives access to smaller companies – for instance those that invest in renewable energy – to the networks and thus to the energy market. Third, the national regulators together with the Agency for the Cooperation of Energy Regulators should foster environmentally sustainable energy markets. They shall promote research and innovation to meet demand and the development of renewable and low carbon technologies, in both the short and the long term. The European Network of
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