Keywords: Electric Utilities, Climate Action, Regulation
The European Commission Energy Green Paper of 2006 detects three targets to reach: competitiveness, security of supply and sustainability. It has been the first step about the European energy policy, which has traditionally been focused on the development of an open and competitive energy market. Nowadays, indeed, the main goal is to achieve an efficient single market not just competitive but mainly able to guarantee the energy supply security and the environmental protection, in line with the Kyoto Protocol principles. The paper aims to analyse the present European energy strategy, starting from the three goals fixed by the Green Paper; it then shows the industrial policy implications of the European Commission's Climate Action package of January 2008.