The Energy Community (also referred in the past as Energy Community of South East Europe (ECSEE) and European Energy Community (EEC)) is a community established between the European Union (EU) and a number of third countries in order to extend the EU internal energy market to Southeast Europe and beyond. With their signatures, the Contracting Parties commit themselves to implement the relevant EU acquis communautaire, to develop an adequate regulatory framework and to liberalise their energy markets in line with the acquis under the Treaty. The Treaty establishing the Energy Community was signed in Athens, Greece, on 25 October 2005, and entered into force on 1 July 2006.
Read more about Energy Community: Aim, History, Institutions, Achievements, Critics
Famous quotes containing the words energy and/or community:
“Reckoned physiologically, everything ugly weakens and afflicts man. It recalls decay, danger, impotence; he actually suffers a loss of energy in its presence. The effect of the ugly can be measured with a dynamometer. Whenever man feels in any way depressed, he senses the proximity of something “ugly.” His feeling of power, his will to power, his courage, his pride—they decline with the ugly, they increase with the beautiful.”
—Friedrich Nietzsche (1844–1900)
“The community has no bribe that will tempt a wise man.”
—Henry David Thoreau (1817–1862)