Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-06-02-Speech-1-099"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2003-06-02"^^xsd:date2
dcterms:Is Part Of	lp_eu:Energy2
dcterms:Language	"fi"^^xsd:language2
lpv:document identification number	"en.20030602.7.1-099"2
lpv:hasSubsequent	lp_eu:2003-06-02-Speech-1-1002
lpv:speaker	lp:Esko Seppänen2
lpv:spokenAs	member; Committee on Industry, External Trade, Research and Energy (2002-01-17--2004-07-19)3 substitute; Delegation to the EU-Estonia Joint Parliamentary Committee (2002-02-07--2004-04-30)3 unknown; Vasemmistoliitto (1999-07-20--2004-07-19)3 member; Delegation to the European Economic Area Joint Parliamentary Committee (EEA) (2002-02-07--2004-07-19)3 member_of_the_bureau; EUL/NGL (1999-10-13--2004-07-19)3 substitute; BUDG (2002-01-17--2004-07-19)3 member; Delegation to the EU-Russia Parliamentary Cooperation Committee (2002-02-07--2004-07-19)3
lpv:translated text	"Mr President, the liberalisation of the energy markets has been an ideological project. A smokescreen of market confidence has been cast to cover up certain real problems. Markets are always about just one thing: they always operate in the here and now. Prices take no account of the structural changes that happen when resources peter out. Liberalisation of the gas market will not guarantee investment over the next twenty or thirty years. As it is gas that is to meet the EU’s entire need for additional energy, and as gas is imported from the east, those that need gas should share in the investment costs of new gas fields. In a liberalised market only the short-term benefits are taken into account. We should be able to conclude long-term delivery contracts for gas. In a market of short-term benefits they are not made. Network ownership patterns might become a problem in the electricity market. Unless a government invests in or maintains backbone networks the market will not function. If the government does not invest in the network and take responsibility for it, electricity cannot be transmitted from one place to another. I am rapporteur for the Committee on Industry, External Trade, Research and Energy with respect to a report on the safety of nuclear power plants. In that capacity I see the problems that can impact on the pricing of electricity. Electricity produced from nuclear energy may be cheap on the spot markets but we cannot be certain as to whether the prices have taken full account of the costs of decommissioning nuclear power plants and of waste disposal, which will extend over hundreds and perhaps thousands of years. If these costs are not reflected in today’s market price for electricity, competition will be distorted. The liberalisation of the markets determines prices in the short term, but will not solve the big problems of the future. There will be new Iraq oil wars. Our group would have liked to safeguard the public and universal energy sector services in connection with these directives relating to liberalisation and privatisation."@en1

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