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ARTICLE · 18 APRIL 2018

Greater Energy Security For Energy Consumers

The Industry and Energy Committee accepted four legislative proposals on the EU electricity market in February 2018.

HungaryEnergy and Natural Resources

The Industry and Energy Committee accepted four legislative proposals on the EU electricity market in February 2018. In the context of the Clean-Energy package, the European Parliament committee approved a set of rules which could ensure a wider competition in the electricity market, better information for the consumers and tackles shortages during crises. The objectives of the EU Parliament in the field of the electricity market are to increase the consumer protection, to handle better the possibly energy shortages and the final goal is to reach an Energy Union. The higher level of consumer protection includes new rules, such as the EU Member States have to make available a comparison which independently displays and ranks rates and tariffs from all suppliers, the consumers should have the opportunity to rescind a contract without paying any penalties, and a summary of key conditions should be included on the first page. Furthermore, by January 2022, the consumers

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