We need to take bolder steps towards a European energy market. We therefore propose creating a core energy market in continental Europe consisting of the Benelux countries, France, Austria, Switzerland, and Germany and gradually expanding it into an EU-wide energy market, E.ON CEO Wulf Bernotat said at the company’s annual results press conference in Dusseldorf, Germany.
E.ON said that it has submitted concrete proposals to the European Commission on cooperation between transmission system operators and the necessary regulatory framework.
In view of the politically motivated protectionism aimed at E.ON’s planned takeover of Endesa, Mr Bernotat stressed that action on energy needs to be taken on a European – not a national – scale. Otherwise, he said, Europe would be unable to successfully meet challenges like security of supply and climate protection.
