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:
“All my energy and attention were devoted to trying to help her solve her problems. Unfortunately I didn’t have much success.”
—Arthur Miller (b. 1915)
“The peace loving nations must make a concerted effort in opposition to those violations of treaties and those ignorings of humane instincts which today are creating a state of international anarchy and instability from which there is no escape through mere isolation or neutrality.... When an epidemic of physical disease starts to spread, the community approves and joins in a quarantine of the patients in order to protect the health of the community against the spread of the disease.”
—Franklin D. Roosevelt (1882–1945)