IMPLEMENTATION OF THE EUROPEANELECTRICITY MARKET MODEL

IN THE BALTIC STATES

Baltic Electricity Market Mini-Forum Vilnius - Lithuania, November 23, 2006

Prepared by :Prepared by : Michel CAUBETMichel CAUBET

RTE International AffairsRTE International Affairs

A UNIQUE EUROPEAN ELECTRICITY MARKET:A UNIQUE EUROPEAN ELECTRICITY MARKET:

A REALITY?A REALITY?

The integrated European electricity market:an association of regional markets with common values,

rules and standards…

“This is no longer a time when each nation drew up its own energy guidelines without taking into

account its neighbouring countries. That era is behind us.”

Mr André MERLIN, Chairman of the Executive Board of RTE, and President of the European Energy and Transport Forum, Riga - Latvia, June 15-17, 2006

“Energy must be resolutely placed within a European perspective for the

sake of our security of supply.”

Mr André MERLIN, Chairman of the Executive Board of RTE, and President of the European Energy and Transport Forum, Riga - Latvia, June 15-17, 2006

“European energy policy only has meaning if there is true commitment

in favour of a European energy market. The integration of electricity and gas markets, of their operation

and regulation, is the cornerstone of the European energy policy.”

Mr André MERLIN, Chairman of the Executive Board of RTE, and President of the European Energy and Transport Forum, Riga - Latvia, June 15-17, 2006

“The proximity of Russia and Norway gives the Baltic Sea region a crucial

role to play in the security of Europe’s energy, both as a transit route and in the light of its major

storage potential.

This region has much to offer in energy terms within the context of a

European energy policy.”

Mr André MERLIN, Chairman of the Executive Board of RTE, and President of the European Energy and Transport Forum, Riga - Latvia, June 15-17, 2006

Market implementation by Governments, Energy Regulators

and Transmission System Operators results from:

Determination

Cooperation

Coordination

Harmonisation

16/06/200616/06/2006

Thank you for your

Attention…