This is the key element of the vision for the Nordic Energy Co-operation, which the Nordic energy ministers adopted at their meeting in Akureyri in 2004. The Action Plan for Nordic Energy Co-operation 2006-2009 is therefore targeted at creating a visible and sustainable contribution to solving the most important and politically most relevant energy policy challenges faced by the Nordic region. The action plan concentrates thus on three main areas:  ,Energy markets › The objective is to create the best possible framework for the development of the Nordic energy markets, especially the electricity market, and therefore to serve as a model for the rest of Europe. ,Sustainable energy system › The objective is to ensure the necessary balance between economic growth, the security of energy supply, and environmental considerations. ,Nordic impact on the international agenda › The objective is to ensure that the Nordic region is at the forefront of the development in the EU and in other international energy co-operative fora.