The Agency for the Cooperation of Energy Regulators (ACER) has published its analysis on the challenges that Europe’s energy markets will face in the coming decade. With this ‘Bridge to 2025’ publication, ACER looks to set out its regulation priorities over the next ten years.On 23 September, ACER published a conclusion paper entitled “Energy Regulation: A Bridge to 2025”, following a public consultation process that had lasted almost one year. The aim was to provide a recommendation on the “regulatory response to the future challenges emerging from developments in the internal energy market (IEM).”
There are five key objectives that ACER wants to achieve for the IEM by 2025: establishing a liquid, competitive and integrated wholesale energy market; enhancing Europe’s security of supply and channelling the external element of IEM; moving to a low carbon society with increased renewables and smart, flexible responsive energy supply; developing a functioning retail market that benefits consumers; building stakeholder dialogue, cooperation and new governance arrangements.