Third energy package

The third energy package of the EU is the latest round of energy market legislation that covers five main ares:

• unbundling energy suppliers from network operators;
• strengthening the independence of regulators;
• establishing the Agency for the Cooperation of Energy Regulators (ACER);
• cross-border cooperation between transmission system operators and the creation of European Networks for Transmision System Operators;
• increased transparency in retail markets to benefit consumers.