ENTSO-E Publishes Annual Report 2013

TSO Cooperation and the Internal Energy Market - Benefitting Consumers across Europe / ENTSO-E has published their Annual Report 2013: TSO Cooperation and the Internal Energy Market - Benefitting Consumers across Europe

Brussels, (PresseBox) - This report highlights the progress made by ENTSO-E and its member TSOs in 2013 in assisting the EU to realise the energy policy objectives and to facilitate the Internal Energy Market. It underscores the significance of TSO cooperation in meeting the goals, to the benefit of energy consumers throughout Europe.

The report demonstrates that TSO cooperation is not only vital in all areas of activity but is in fact evident and steadfast. ENTSO-E's member TSOs - the owners, operators and developers of Europe's transmission system - are central to making the Internal Energy Market (IEM), integration of renewable energy sources and maintaining the very high security of supply and system reliability a reality.

Describing the importance of achieving future targets to benefit consumers across Europe, ENTSO-E President, Nick Winser said: "The single market will allow greater volumes of low-carbon electricity to be safely integrated into the European network and encourage investment in cross-border transmission capacity. Combined, these two will deliver significant benefits to consumers, year on year. The benefits of creating the world's largest electricity market will not only be felt by all those in the energy sector but also by Europe's overall economy, today and into the future."

ENTSO-E facilitates this important TSO cooperation most notably in the areas of network codes and ten-year network development planning. In the latter context, ENTSO-E welcomes the European Council's most recent conclusions of 21 March which emphasise the importance of transmission infrastructure for the achievement of Europe's energy policy objectives.

As ENTSO-E's Annual Report 2013 demonstrates, TSOs do their utmost to make the required investments. However, they also still experience challenges related to lengthy permit-granting processes, lack of public acceptance and unprecedented capital requirements.

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