Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-01-28-Speech-3-052"
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"en.20040128.5.3-052"2
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"Mr President, I will concentrate on the electricity market and competition policies in that market.
On paper on 3 July 2004 we will create 25-country electricity markets. In reality, the market is becoming an oligopoly. Germany and France and their companies EdF, Eon and RWE presently control 40% of the electricity production in Europe and 50% of all the grid and the balancing capacities. So, Commissioner, you are asking for national competition authorities to able to act and to create competition in the national market. The Eon-Ruhrgas merger and the decision by the German Government show us that the German Government has the option of having national championship-building and is not playing the game of establishing a competitive market in Germany. Their idea, and this is also the idea of the French Government, is that their three companies will dominate the European market. These two countries have also been successful in blocking ownership unbundling, and thus the complete separation of interest between production and grid, which is necessary if you do not want these companies to control new entrants and you want more competition in the market.
These two countries have also been able to block access to decommissioning funds, and thus these three companies buy up the other companies. My analysis, as Parliament's rapporteur on the electricity market, is that today in the European Union we do not have the relevant instruments to cope. The only country to be really successful in establishing a competitive market is the UK, because when the British opened the market they had a tough divestment policy. France and Germany will not touch divestment policy. We thus need an instrument to impose on them, at European level, the divestment of their two big companies. Otherwise there is no hope at all for competition in the market, for lower prices, or for innovation"@en1
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