Energy Community

And that's a wrap! Athens Electricity Forum strengthens Energy Community cooperation to accelerate electricity market integration, increasing energy security 👇

⚡ On 3–4 June, the Energy Community’s Athens Electricity Forum gathered the stakeholders needed to make EU–Energy Community electricity market integration a reality — from policymakers and regulators to system operators, market actors and European institutions.

🏃‍➡️ The integration of the EU’s South East and Eastern European neighbours into the EU single electricity market has gained urgency amid ongoing geopolitical uncertainty. With CBAM alignment and the right flexibility planning, the region can turn electricity market integration into a driver of renewable investment and long-term fossil fuel independence, Energy Community Secretariat Director Artur Lorkowski underscored.

This is especially true if the region simultaneously advances in the electrification of fossil-fuel intensive sectors such as heating and transport.

“Electricity market integration is among the region’s most important pre-accession energy priorities,” Energy Community Secretariat Director Artur Lorkowski said. “It is how we build larger, shock-resistant markets, unlocking the homegrown energy needed for long-term security.”

For the full press release, and the conclusions, see: https://bit.ly/4uzvIWl

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🔊 Happening Now! At the Energy Community Athens Electricity Forum, we're exploring how South East and Eastern Europe can move faster toward full electricity market integration with the EU — and build greater resilience out of crisis.

Key insights:

👉 Faster integration with the EU electricity market is a shared priority for the Energy Community – the current crisis has made this more urgent.

👉The legal basis for integration is the compliant transposition of the Electricity Integration Package. A positive opinion by the European Commission under the compliance verification process will open the 18-month road to Contracting Parties’ adherence to single day-ahead and single intraday coupling

👉A key element of integration is that EU and Energy Community regulatory decisions — adopted by ACER and ECRB respectively — must be directly applicable and enforceable in each Contracting Party.

👉To shield citizens and businesses from external price shocks, the accelerated deployment of homegrown renewable energy should be combined with the electrification, in particular across fossil-fuel intensive sectors such as heating and transport.

Stay tuned for more insights from the forum!

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