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EU Deal Suffers Setback

Posted in Electricity Transmission,Europe,Gas Transmission/Storage by Cheryl Morgan on the June 20th, 2008

Last month we reported on a possible compromise deal in EU market liberalization whereby transmission owners (in particular large “national champions”) would not be required to sell off capacity to promote competition, but instead would simply cede operational control of their networks to independent Transmission System Operator. That plan now appears to have foundered on the rock of the European Parliament which has voted, by a majority of 449 to 204, to insist on actual ownership unbundling of the networks. EurActive has more details.

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