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EU ministers hold tough talks on energy rules
Published in Saudi Press Agency on 06 - 06 - 2008


European Union government ministers were Friday
engaged in tough talks aimed at reaching a make-or-break compromise
on efforts to increase competition in their energy markets, according to dpa.
The talks among ministers in Luxembourg showed that member states
remained strongly divided over the issue, prompting EU officials to
warn that if a solution was not found, the plans would have to be
shelved.
"A failure today to reach a compromise will be a failure for
everyone," warned EU Energy Commissioner Andris Piebalgs.
In September, the European Commission proposed forcing companies
which sell gas and electricity to relinquish control of the grids
which distribute the energy, a process known as "unbundling".
The proposal aroused heated opposition in France and Germany, who
argue that any move to break up their own national energy giants -
France's EDF and Germany's E.ON - would be illegal.
The two, backed by six more member states, have since proposed an
alternative solution which would involve leaving the ownership of the
grid in the hands of the parent company, but setting up a separate
subsidiary to manage the network.
In Luxembourg, ministers were busy discussing a compromise package
put forward by the Slovenian presidency of the EU. This would allow
for the creation of an "Independent Transmission Operator" (ITO) and
strict rules limiting the parent company's influence over the ITO.
Discussions in Luxembourg showed that ministers were still divided
over key issues, such as whether Germany and France's "third way" was
acceptable and how to ensure that the parent company does not
influence the transmission one.
Other contentious issue include the proposed creation of an EU
watchdog and whether the same rules should apply to both electricity
and gas.


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