ACER/CEER Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets in 2013

We are pleased to present the third joint annual Market Monitoring Report by the Agency for the Cooperation of Energy Regulators (‘the Agency’) and the Council of European Energy Regulators (CEER). By producing a joint Report, we aim to provide a comprehensive assessment of developments in the electricity and gas sector and on the progress towards the implementation of the Third Energy Legislative Package (3rd Package) and the completion of the internal energy market (IEM). The European Commission President designate's announcement that he will promote a major initiative - the Energy Union - confirms the continuing importance of EU energy policy and of the integration of EU energy markets in the coming years. The data and conclusions presented in this Report are also meant to inform and contribute to this initiative.