UK's EU presidency starts: focus on internal energy market
Brussels (Platts)--1Jul2005
Consolidating the European Union's internal energy market is one of the top energy priorities of the UK, which took over the six-month rotating presidency of the EU Council of member state governments Friday. The UK is to preside over the EU energy council on Dec 1, 2005, at which energy ministers are to discuss two key reports from the European Commission. One is a progress report on the EC's competition probe into the EU gas and power markets, the other is the EC's report on how the EU gas and market opening laws are being implemented. Both reports have the potential to show up flaws or gaps in the internal energy market which the EU institutions--the EC, the Council and the European Parliament--would then have to address. EU energy commissioner Andris Piebalgs wants the reports to be widely discussed and plans to wait until end-2006 before deciding on whether any more laws are needed. He told an industry seminar last month that he would not hesitate to table more laws--but only if they really were needed. Similar stories are published in European Power Daily. Request a free trial at http://europeanpowerdaily.platts.com
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