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European energy markets lack integration
Ten years after the process started, the full liberalization of the European energy market is still far from being achieved. And this is not only due to technical difficulties, but also because of the weak political support to the process of integration. This Bruegel report underlines that the new energy policy developments should consider how to bypass national incentives to guarantee domestic energy supply, to protect access to domestic sources of energy and to protect national industry from the impact of stricter environmental regulation. It stresses that the effective fight against climate change requires common action and that a single market for energy is the basis for a common approach to EU climate policy.
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