The Energy Priority Area (PA2) has three major objectives to follow during its work. First, PA2 coordinates regional energy polices in various topics in order to exploit the full potential of an integrated energy market. Second, PA2 is instrumental in the integration of the energy markets of the non-EU countries and supports them in the implementation of the EU energy acquis. Third, PA2 is committed to launch cutting edge technology developments, which will increase the energy efficiency of the region and enhance the use of renewable energy sources. This three-fold approach is represented in several initiatives, of which many are already completed while some of them are ongoing activities.