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The newest ACER is not a PC: it stands for Agency for the Cooperation of Energy Regulators. It is a proposal made by the European Commission within the framework of the Third Energy Package. Why such an agency is needed ? Why the current proposal is deceptive ? The proposal to create a European regulator… » read more

Posted by EMI

As EU heads of state and government prepare to descend on Brussels for an annual summit to discuss the EU’s CO2 reduction commitments and the ‘growth and jobs’ agenda, a new report warns European leaders about waves of immigration driven by intensifying climate change. Since 2000, when the EU’s ambitious ‘Lisbon Strategy’ for growth and… » read more

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German Deputy Economy Minister Peter Hintze said E.ON’s decision was “not the best backdrop” to the day’s ministerial discussions, according to the Associated Press. “The timing coincidence of these events, at a moment when the Commission is trying to force through a very sharp position against a minority, it’s a very questionable game,” Hintze added,… » read more

Posted by EMI

The European Commission has won an important victory in its crusade against former energy monopolies when German energy giant E.ON offered to sell-off its high voltage electricity grid to settle ongoing EU antitrust inquiries.In its third liberalisation ‘package’ proposals unveiled on 19 September 2007, the Commission left member states with two options to complete the… » read more

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Speaking to journalists after the Council meeting, Jean-Louis Borloo, French minister for ecology and sustainable development, spoke strongly against the Commission’s unbundling proposals, saying the EU was engaged in “an economic war” on energy.Borloo in particular rejected the idea that market forces are appropriate to regulate an area as “vital” as energy. “The market does… » read more

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Earlier this month, Germany, France and six other EU member states outlined proposals for a ‘third option’ on energy liberalisation in a move aimed at preventing the break-up of vertically-integrated energy firms such as E.ON of Germany and EDF of France.In response, the UK – which together with Sweden and the Netherlands is leading the… » read more

Posted by EMI

Energy ministers from the 27 EU member states held a “lively discussion” on the Commission’s controversial proposal to split up energy firms, agreeing only to send the matter back to diplomats in view of a deal in June.In its third liberalisation ‘package’ proposals unveiled on 19 September 2007, the Commission left member states with two… » read more

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Despite its initially cool reaction, the Commission has signalled it could accept an alternative proposal on energy liberalisation as long as further safeguards are introduced. The alternative, to be officially unveiled by France and Germany this week, would allow large power companies to maintain ownership and limited control over transmission assets.France and Germany’s proposal for… » read more

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The issue of ownership unbundling revealed more diverging views between panellists.Luigi de Francisci of Terna, Italy‘s national electricity grid, refuted the findings of a study by the consulting firm A.T. Kearney, which concludes that “there is no empirical evidence that ownership unbundling leads to more competition”.Francisci argued the study is skewed as it fails to… » read more

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MEP Renato Brunetta, rapporteur for an Industry (ITRE) Committee report on ACER, stressed that the Parliament was practically in “complete consensus” in calling for more powers for the agency.In particular, the Parliament wants the agency to have the power to approve both the ten-year grid investment plans and the cross-border electricity transmission codes developed by… » read more

Posted by EMI