April 2016 - In February 2015 the European Commission (the “Commission”) announced its Energy Union program, aimed at creating a truly integrated energy market. The Commission also announced an action plan with more than thirty items for the implementation of the Energy Union. As a first step, the Commission published its “Summer Package” in July 2015. (See our previous commentary on the Energy Union and the Summer Package available at: http://www.kinstellar.com/insights/detail/271/recent-developments-in-the-implementation-of-the-european-energy-union)
Following the publication of the Summer Package, the Commission presented the “Winter Package” on 16 February 2016 as the next important step towards the implementation of the Energy Union.
The Winter Package consists of the following documents:
- Commission proposal for a Regulation on the security of gas supply;
- Commission proposal for a Decision on energy related intergovernmental agreements;
- Commission Communication on the strategy for liquefied natural gas (LNG) and gas storage; and
- Commission Communication on the strategy for heating and cooling.
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For further information please feel free to contact Kristóf Ferenczi, Partner and head of the firm-wide energy practice, at .