Energy Community

Energy Community

The Treaty establishing the Energy Community (also known as Energy Community South East Europe Treaty or ECSEE) was signed in Athens, Greece on 25 October 2005 and entered into force on 1 July 2006.

The treaty, which effectively sets up a European Energy Community, aims at establishing a single regulatory framework for trading energy across southeast Europe and the EU on same terms, was signed by trade and energy ministers representing the European Union, Albania, Bosnia and Herzegovina, Croatia, Republic of Macedonia, Montenegro and Serbia, as well as UNMIK (as Kosovo representative under Security Council resolution 1244).

The treaty covers the sectors electricity, natural gas and petroleum products.

The treaty will ensure that signatory states will adopt EU single market regulations regarding energy (the EU acquis communautaire in the relevant fields of Energy, Environment, Competition and others).

The timetable for implementation of the Treaty is the following:
* in twelve months (by 1 July 2007) implement the two EU energy market directives and the regulation on cross-border network access.
* from 1 January 2008 liberalization of the market for all non-household customers.
* by 31 December 2011 reduction in the sulphur content of certain liquid fuels.
* from 1 January 2015 liberalization of the market for all customers.
* by 31 December 2017 limitation of emissions of certain pollutants into the air from large combustion plants.

The treaty builds upon the South-East Europe Regional Energy Market for electricity and natural gas formed in the framework of the Stability Pact for South Eastern Europe through the Athens Memorandum of November 2002 (covering electricity) and its revision in 2003 (covering natural gas).

The Treaty has been criticised by the trade unions (European Federation of Public Service Trade Unions [http://www.epsu.org/r/239 EPSU] ) as it lacks a social dimension. The European Commission is now developing a Memorandum of Understanding on the social aspects in response.

Signature of the Treaty has been approved by the European Parliament on 29 May 2006.

Participants and observers

Participants of the treaty are the signatories:

Ratification

* Kosovo (UNMIK) (UNMIK as Kosovo representative under Security Council resolution 1244) - 23.12.2005
* Bulgaria - 07.03.2006
* Albania - 24.05.2006
* Republic of Macedonia - 29.05.2006
* European Communities - 29.05.2006
* Romania - 26.06.2006
* Croatia - 30.06.2006
* Bosnia and Herzegovina - 20.09.2006
* Serbia - 09.08.2006
* Montenegro - 15.12.2006

Institutions

The main institutions established or being established are:
* Ministerial Council
* Permanent High Level Group
* Energy Community Regulatory Board (ECRB)
* Fora
* Secretariat

ecretariat

The Secretariat is provide administrative support to the other institutions of the Energy Community, reviewing the implementation of obligations by member countries, submitting yearly progress reports to the Ministerial Council, and reviewing and assisting the donors’ activity. The seat of the Secretariat is in Vienna.

ee also

*Stability Pact for South Eastern Europe
*South-East Europe Regional Energy Market
*Energy policy of the European Union
*Baku Initiative

References

External links

* [http://www.energy-community.org/ Energy Community official website]
* [http://www.ecrb.eu/ Energy Community Regulatory Board (ECRB), official website]
* [http://eur-lex.europa.eu/LexUriServ/site/en/oj/2006/l_198/l_19820060720en00180037.pdf Treaty establishing the Energy Community]
* [http://www.inogate.org INOGATE EU program]


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