EU Gas Market is competitive

By Alex Barnes, Government Relations Advisor, Nord Stream 2 AG..

The EU has  aimed to create a single gas market since the early 1990s as part of the overall single market drive. However the First Gas Directive (1998) was ineffective. The Second Gas Directive (2003) had the right regulatory approach but still had limited effect. It was only after an EU Commission competition enquiry into the gas and electricity sectors in 2005-7 led to the Third Energy Package (TEP) of 2009, coupled with competition law cases, that a competitive gas market really begun to emerge. Jatka lukemista

Energy is everyone’s business.

Over the course of history, it has become clear that no country can truly be self-sufficient. Especially on energy. And energy, in all its forms, is one of the key elements that runs modern societies. Uninterrupted service is therefore an imperative not only for the sector and its clients but for societies as a whole.

Internationality has been one key aspect of the development of the modern energy sector since its very beginnings. The international nature of the energy sector has only been compounded over time as technologies, supply chains and transport infrastructures connect not only countries but whole continents. Moreover, today’s global challenges, such as climate change has made it clear that no country is an island when it comes to energy. Jatka lukemista

The global energy sector is set to witness “Grand Transitions”

[Tämä kirjoitus on WEC Finlandin hallituksen puheenjohtajan Lauri Virkkusen pitämä puhe Tampereen Energiapäivässä 25.10.2016. This article is an excerpt from a speech by WEC Finland’s Chairman, Mr. Lauri Virkkunen at the Finnish Energy day on 25th of October 2016.]

“One rarely gets a first-hand opportunity to witness history in the making. We had one such opportunity a few weeks ago in Istanbul at the triannual World Energy Congress – the main event of our parent organization, the World Energy Council. Jatka lukemista