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« EU Climate Plan Initial Approval | Main | UK Sustainability Progress Report Released » EU Energy Liberalization ProgressAfter many months of intense talks, EU ministers reached an agreement on energy markets. France and Germany previously led a coalition of countries against full unbundling of ownership and transmission of gas and electricity so that state monopolies could continue to own their gas and electricity grids, with outside supervision. But following pressure from countries like the Netherlands, Denmark, Spain, Portugal and Poland, energy producers cannot buy up the transmission businesses of energy companies in European countries where full unbundling has been introduced. This means, for example, that EDF (France) can not buy the high-tension electricity lines in the Netherlands. Ministers also approved the so-called 'Gazprom clause' to limit energy companies outside the EU, including Russia's state-owned Gazprom, from buying up distribution networks. The EU Parliament now must approve. Posted on October 16, 2008 3:53 PM | Permalink TrackBackTrackBack URL for this entry: |
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