Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-06-18-Speech-3-213"
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"en.20080618.19.3-213"2
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"Supplying electricity is not a trade but a mains service. The service must be provided to all stakeholders without interruption and with the lowest possible impact on the environment. This requirement is inconsistent with the risks involved in international trade by competing companies. Electricity will continue to be a scarce and vulnerable product in the future too, certainly now that fossil fuels are running out and as global warming continues.
That is why it is good that in many EU Member States it is the State or local authorities that have developed the power stations and electricity grids. Privatisation of these mains services is undesirable and risky. Their sale creates new owners and a monopoly on the transmission system. That system is a non-profit-making resource between production and sale, but ownership of it can be misused to impose a high toll on consumers and any competitors. Fixing electricity prices through the stock market leads to consumer prices that are much higher than production costs.
The EU Member States are right to look at how these risks should be combated. The situation varies greatly from one Member State to another. It is best that these issues are weighed up there. I am in favour of giving the Member States the greatest possible freedom, the third way referred to in the Glante amendment, but I am against this European directive as a whole."@en1
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