Member states already have national regulators. What will the package change?
The current rules already require member states to have a regulator. The package will make a number of significant changes, however. First, all regulators should be truly independent, not only from industry interests, but also with respect to their day-to-day operational decisions and also from governments. Secondly, their statutory powers and duties will be strengthened. For example, regulators will be able to issue binding decisions on national gas undertakings and adopt the necessary measures to promote effective competition. Thirdly, regulators will be required to cooperate with regulators from other member states. All regulators will have the same clear objective of promoting competition, effective market opening and an efficient and secure network.