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EU powers on with sweeping reform

THE European Union is in the process of reforming the regulation of the European energy sector, with particular regard to the supply and production facilities and activities, as well as the implementation of a new legislative package on the basis of two European Directives for the electricity and gas market (Directive 2003/54 and 2003/55). The ultimate result is to realise a more efficient market and one that has a level playing field.

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