The European Commission is planning to create a common EU energy market in two years

According to the press-secretary of the EC Marlene Holzner still energy exchanges trade only within a defined region, by the end of 2014 they will be able to buy and sell electricity from all over the Union.

The European Commission (EC ) wants to create a market of electricity between all 28 EU countries by the end of 2014, the press-secretary of the EC Marlene Holzner informed.

The EU has a program for energy industry by 2020, which inter alia requires the diversification of energy sources, reducing the dependence on gas, creating an internal transmission network for different energy types that will prevent the power outages in case of supply disruptions from the outside.

"Until now the energy exchange traded electricity only within a well-defined region, covering only a few EU states. By the end of 2014 they will be able to buy and sell electricity from all the countries in the Union", - she said.

Holzner noted that the infrastructure necessary for the transmission of energy between the EU states exists but it should be strengthened. At the same time the European Commission has no plans to create a single platform for energy trade, the EU will continue to support multiple exchanges for this purposes, she said.

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