"...2.
an outline of the regulatory regime (CERA) and market organisation for the
energy sector and gas exports, which would be conducive to the introduction and
proper functioning of open, transparent, competitive energy markets, taking
into account the size of the Cypriot economy, the integration of Cyprus' energy
system into regional markets, the principle of independent regulatory
oversight, and the EU targets for energy efficiency, renewable energy and
carbon emissions. Specifically, the outline should include the following
elements: the potential for setting-up wholesale markets for gas and
electricity, of which the latter should be open to non-producing traders; the
freedom for customers to make an effective choice of supplier; full unbundling
of gas suppliers and customers, in particular electricity companies; and an
appropriate sales framework for the off-shore gas supply (for both exports and
domestic markets), aimed at maximising revenues [Q2 2013]; and…"
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Repertoire: John.
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