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Opening Statement By Peter Reitz, CEO European Energy Exchange AG, EU High‐Level Conference On "The Completion Of The EU Internal Energy Market: Getting To 2014" - Panel Discussion: Harmonising Market Rules And Network Operational Rules, Brussels, 29 September 2011

Date 29/09/2011

Dear Commissioner,

Ladies and Gentlemen and Dear Colleagues,It is a true pleasure and an honour for me to take part in today’s conference. I would like to thankCommissioner Oettinger and the Directorate‐General for Energy for inviting me and fororganising this important event.

In February the European Council concluded on the basis of European Commission´s 2020 energystrategy, that the internal energy market should be completed by 2014. Although this isambitious, we will make our contribution to achieve this goal. Now it is of utmost importance tobring the requirements to life.

However, the recent incident in Fukushima resulted in a fundamental break in the energy policyin a number of EU‐member states, particularly in Germany.

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