Aim
The Energy Community aims at establishing a common regulatory framework for energy markets in contracting parties by extending the acquis communautaire of the European Union to the territories of participating countries. It covers the relevant fields of energy, environment, and competition of the EU legislation. After entry into force, the treaty acquis has been extended on several occasion. It now also includes legislation in relation to security of supply, energy efficiency, oil, renewable energy and statistics. In line with the update at the EU level, the Energy Community tranposes and implements the EU's Third Energy Package since September 2011.
Timetable for implementation of the treaty is the following:
- in twelve months (by 1 July 2007) implement the two EU energy market directives and the regulation on cross-border network access.
- from 1 January 2008 liberalization of the market for all non-household customers.
- by 31 December 2011 reduction in the sulphur content of certain liquid fuels.
- from 1 January 2015 liberalization of the market for all customers.
- by 31 December 2017 limitation of emissions of certain pollutants into the air from large combustion plants
- by 30 June 2013 complete National Renewable Energy Action Plans, by 1 January 2014 transpose the RES Directive 2009/28/EC and to have thereby binding share of renewable energy as part of the overall consumption in 2020.
- by 1 January 2023 to maintain minimum stocks of crude oil and/or petroleum products.
Read more about this topic: Energy Community
Famous quotes containing the word aim:
“Don’t you see what’s at stake here? The ultimate aim of all science—to penetrate the unknown. Do you realize we know less about the earth we live on than about the stars and the galaxies of outer space? The greatest mystery is right here, right under our feet.”
—Walter Reisch (1903–1963)
“Bees plunder the flowers here and there, but afterward they make of them honey, which is all theirs; it is no longer thyme or marjoram. Even so with the pieces borrowed from others; one will transform and blend them to make a work that is all one’s own, that is, one’s judgement. Education, work, and study aim only at forming this.”
—Michel de Montaigne (1533–1592)
“The aim of poetry, it appears, is to fill the mind with lofty thoughts—not to give it joy, but to give it a grand and somewhat gaudy sense of virtue. The essay is a weapon against the degenerate tendencies of the age. The novel, properly conceived, is a means of uplifting the spirit; its aim is to inspire, not merely to satisfy the low curiosity of man in man.”
—H.L. (Henry Lewis)