Following the release of the “Winter Package” in November and CEER’s release of an overview paper following a conference in January, the European Commission have released this report together with a number of accompanying documents which can be found here. This post on EU Reporter highlights that the Energy Union has five strands:

• “Energy security, solidarity and trust;
• a fully integrated European energy market;
• energy efficiency contributing to moderation of demand;
• decarbonising the economy, and;
• research, innovation and competitiveness”

The package contains many proposals to move the design of the electricity market to one which can support the move to the increased use of renewables, demand side response and other new developments. It includes changes to the balancing markets and an increased emphasis on DSOs.

This report on FTSE Global Markets summarises a speech made yesterday by EEX, highlighting the benefits of the package to the wholesale markets and therefore consumers, but also providing some feedback in terms of the proposals on market areas.