Initiation
Creation of the ENTSO-E was initiated by the adoption of the European Union third legislative package on the gas and electricity markets. In 2003, the European Commission conducted a sector inquiry concerning the competition of electricity market in six European countries. Examining competition in these countries, the final report stated serious issues to be solved. It was noticed that the integration between member state's markets is still insufficient. Additionally, the absence of transparently available market information was assessed. As a result, the third legislative package on the EU gas and electricity markets was adopted by the European Commission in September 2007.
Read more about this topic: European Network Of Transmission System Operators For Electricity
Famous quotes containing the word initiation:
“Until the end of the Middle Ages, and in many cases afterwards too, in order to obtain initiation in a trade of any sort whatever—whether that of courtier, soldier, administrator, merchant or workman—a boy did not amass the knowledge necessary to ply that trade before entering it, but threw himself into it; he then acquired the necessary knowledge.”
—Philippe Ariés (20th century)
“The difficult and risky task of meeting and mastering the new—whether it be the settlement of new lands or the initiation of new ways of life—is not undertaken by the vanguard of society but by its rear. It is the misfits, failures, fugitives, outcasts and their like who are among the first to grapple with the new.”
—Eric Hoffer (1902–1983)