Eurelectric (full name: The Union of the Electricity Industry) is the sector association which represents the common interests of the electricity industry at a European level, plus its affiliates and associates on several other continents. Together these organisations employ 970,000 people in the European Union and have a turnover of €627 billion. Formally established in 1989, Eurelectric covers all major issues affecting the sector, from generation and markets to distribution networks and customer issues.