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Liberalisation of the Energy Market in Montenegro Due to the Process of European Integration journal article

Mirjana Marić

European Competition and Regulatory Law Review, Volume 3 (2019), Issue 1, Page 29 - 39

This article seeks to explain the liberalisation of the energy market in an ex-communist country as a result of the EU integration process. The aim is to observe how the energy sector was organised in the past; what are the mechanisms for adopting the EU energy acquis; what are the stages of this process and the consequences of failing to adopt the acquis. Due to the high complexity of the EU energy law, it is not surprising that one of the main challenges a candidate state faces in the EU accession process is the fulfilment of conditions vis-à-vis the internal energy market. The liberalisation of energy markets in South East European Countries could be an experiment worth observing around the world since these countries have a clear model to follow and energy reforms are happening simultaneously with reforms in other sectors. Cooperation between a Candidate State and the Union in this field is taking place within the Energy Community, widely described as one of the 'most successful policy frameworks of the European external energy policy'. Given Montenegro’s achievements since the beginning of this cooperation, one may argue that the country is the leader amongst the Western Balkan States in this process. Keywords: Energy Market, Liberalisation, EU Integration, EU Energy Policy

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