Speak Up Energy

At the European Movement’s ‘Speak Up Energy’ event on 16 April 2008, Marie-Christine Jalabert, Deputy Head of Unit in the European Commission’s DG TREN, explained the reciprocity clause in the proposal for the Third Energy Package:

We have one goal: to prevent a possible non-EU company from putting the assets on the market. If a company wants to buy shares in a tansmission system operator on the stock market, they have to prove to the regulator that their government has the same kind of governance for requests from our own countries.

Jalabert also pointed to opposition to that proposal within the EU Council:

A lot of member states are not yet in favour; the position is not clear within the Council. I understand Mr. Rübig is not favour. Germany is not in favour, Austria neither, so it’s still open for debate in the Council.

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