Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-06-17-Speech-2-305"

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"Madam President, Commissioner, we have taken an enormous step this past year, because establishing a common energy policy represents an enormous step for the whole of the European Union. We are talking about the kind of energy policy that simultaneously promotes the strategic interests of the EU Member States, the rights and protection of Europe’s residents, competitiveness and growth of the European economy, and conservation of our environment. These five proposals raise the prospect of achieving the kind of market integration which will not only transform the way in which companies in the energy sector operate, and separate and increase the transparency of energy generation, transmission and supply functions, but also give greater priority than ever before to the fundamental rights and protection of energy consumers. In the context of European coordination, the task of monitoring fair market competition, stimulating cross-border energy trading, and ensuring that high standards are met in response to consumer demands must be given to an authority invested with broader powers than hitherto, and which is independent both of governments and of the energy sector. This is why the European legislature has moved decisively towards establishing an Agency for the Cooperation of Energy Regulators. The draft report produced by my fellow Member Mr Brunetta and later taken over by Mr Chichester has this as its aim. I was pleased to have the opportunity of working with them as shadow rapporteur representing the Socialist Group in the European Parliament (PSE). I consider it a great success that, by establishing a responsible, independent and strong European agency, this jointly-produced draft regulation will not only promote cooperation among regulators in the Member States but also help to achieve the primary goal of fostering regional markets and developing the networks. As socialists we insisted on the creation of a strong and independent authority, since we know that in a liberalised European market everyone wants to buy where it is cheapest, and to sell where it is most expensive. We therefore really need the kind of regulatory authority that will take action to combat any market distortions that may occur. It is in the interests of Hungary and of all the other small Member States to create a strong authority, thereby helping to ensure its independence, establish cooperation, enhance market transparency and secure investment for development. Mr President, I would like to remind everyone that European energy supply is not an ideological issue. The world has changed for ever. Whole continents are beginning to compete in the energy sector, and let us be candid about it: no one can remain isolated from electricity or motorisation. The goal of energy policy is to ensure Europe’s supply security and competitiveness. I would nevertheless like to conclude by saying that the PSE Group believes that consumers should be treated as the key component of European energy policy. We very much regret that our conservative fellow Members do not support making the Consumer Charter mandatory. Thank you for your attention."@en1

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