EU nations initiate single energy market plan

The 25 European government heads meeting Mar. 24-25 in Brussels agreed to adopt a plan for a transparent and better-integrated single energy market, but they identified few specific targets, deadlines, or clear data on gas storage capacities and oil stocks.Key elements of the EU Commission’s “green paper on energy”-such as a single European regulator for the new gas and electricity market and a strategic EU oil and gas stocks management plan-also were not discussed (OGJ, Mar. 20, 2006, p. 33).Participants agreed to develop a common external policy approach to energy security, however, and to conduct further dialogues among EU members and their primary partners-producers ...

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