Abstract
The states implementing the European Union (“EU”) law in the spheres of energy and sustainable development within the frameworks of the Energy Community (“EC”) are faced with a crucial lack of time otherwise needed to harmonise their legislation. Issues surrounding the difficulties of interpreting the provisprovis of various directives, regulations and current implementation practice have proven to be notable barriers. Companies such as Serbian vertically integrated undertaking (“VIU”) Yugorosgas (“YRG”) and transmission system operator (“TSO”) YugorosgasTransport (“YRGT”) are obliged to make changes to local regulations and their organizational structure, from which they are encencencing great difficulties. There are often situations when companies, government agencies and institutions of international organizations hold very different attitudes and stances towards the application of a certain law. These legal deficiencies and inconsistencies in the positions of various parties can lead to disruptions in the activities of the largest energy companies engaged in gas supply and other important functions in the energy sector, as well as to significant economic expenses - Serbian (at least) national sustainable development becomes threatened. At the same time, we recoginize the importance of the law implementation.
Highlights
The Energy Community (EC) is an international organization: its parties form a unique single energy market
Its legal capacity is of a special nature, as it is limited by the goals and powers necessary to solve the tasks of the Treaty establishing the Energy Community (“the EC Treaty” — entered into force on July 1, 2006) keeping in mind the importance of sustainable development goals fulfillment
As a state willing to become a part of the European Union, it achieves most of its sustainable development goals and targets in the energy sphere with the help of the Union itself and a specially designated organization – the Energy Community
Summary
The EC is an international organization: its parties (the EU and 9 non-EU states) form a unique single energy market. Its legal capacity is of a special nature, as it is limited by the goals and powers necessary to solve the tasks of the Treaty establishing the Energy Community (“the EC Treaty” — entered into force on July 1, 2006) keeping in mind the importance of sustainable development goals fulfillment. As for the activities of the organization, Article 2 of EC Treaty includes: 1) the EU law implementation by non-EU states in the energy, environment, competition and renewable energy spheres; 2) the establishment of a regulatory framework for good energy network market functioning in non-EU states (and a part of the EU territory); 3) the creation of the energy market network without internal borders. The organization is a carrier of common energy interests and is designed to protect them
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