A Commission representative introduced the new package of measures to liberalise Europe’s energy markets as published 19 September 2007. Important issues in this package are: ownership unbundling, cooperation of transmission system operators, limitations to ownership of strategic assets by non-Eu state owned investment funds, agency for energy regulators. Trade unions pointed out their concern over ownership unbundling, its social implications and that it will no deliver. The union group also was critical of the regulatory agency as not being sufficiently democratic and strong. Employers and unions agreed that the sector needs stability and guarantees need to be given to workers and companies alike to prevent that in 3-4 years time ownership unbundling of distribution companies will be on the agenda. Both sides agreed the social implications of the package could be considered and assessed.
From European Federation of Public Service UnionsAuthor : EMI