Development of EU (European Union) energy market agenda and security of supply

100% sustainable energy

“…Ref [77] discusses the reform of the energy sector in the European Union from the beginnings of the liberalization processes in 1996 until present. Through EU energy policies and relevant legislation the goals to achieve are sustainable development, security of supply and competitiveness, together with focussing on the needs of customers.…”

Reform of the electricity sector in Ukraine – liberalization of the market and corporatization of companies

“…To create an effective competitive environment in the field of production and supply of electricity, state regulators ensure the development of: market models (Table 1), legal framework, regulatory framework, market rules (Hogan 1997;Barroso et al 2005;Sencar et al 2014). The wholesale electricity market, where electricity and capacity are special goods sold separately, has been replaced by a new market with a single product (electricity, including capacity), which can be paid both at a single rate and at a double rate (Cramton and Ockenfels 2012; Green and Newbery 1992; Michalski and Sołtysik 2016).…”

“…The successful implementation of the energy policy of Ukraine for the development of the energy sector in the field of electricity in the liberalization of the electricity market, the basis of which is strong competition and customer support; integration of the energy sector of Ukraine to the energy market of the European Union (EU); technical innovations, advances in security and efficiency. And in short -on the pillars: safety, efficiency, competitiveness (Sencar et al 2014).…”

Energy Security, the European Energy Union and the Mediterranean Countries

“…There has not yet been a common European Union energy strategy. The European Commission in 2007 attempted to establish an energy policy, which was approved by the European Council (Sencar et al 2014). This common energy policy was based on the three strategic pillars of the energy trilemma: security, competitiveness and sustainability.…”