Position paper - Making the internal energy market work: More progress needed

The American Chamber of Commerce to the European Union (AmCham EU) is pleased to provide its views on the issues raised by the European Commission on the steps needed to complete the Internal Energy Market (IEM). The Commission’s Communication is a welcome step in recognising the remaining barriers, the circumstances under which intervention may be required and the more active role that consumers need to play in electricity markets.

Despite progress in liberalisation, there are still outstanding issues that impede progress to a fully integrated market and, in turn, more competitive prices for domestic and industrial customers alike. More progress is needed to ensure properly functioning energy markets, more market integration and to develop common guidelines on more harmonised approaches in support of renewable energy and security of supply.