Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-07-08-Speech-2-326"

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"en.20080708.35.2-326"2
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". Mr President, Commissioners, the objective of the report before us for discussion is the liberalisation of energy markets, this time for gas. The majority of Parliament is calling for the separation or ‘unbundling’ of production and network ownership in connection with the liberalisation of the electricity markets. However, the Council has ridden roughshod over Parliament, and it is good that it has done so. Unbundling of ownership does not by any means guarantee a reduction in consumer prices. Whatever happens with gas, the Member States will still have the option to unbundle ownership or to continue pretty much as they are doing at present. The construction and maintenance of networks are not profitable business activities and this must be understood if the current owners are prepared to stop doing them. Company profits accrue through the pricing of electricity and gas, and the Commission’s proposal does not protect against this, nor does it protect consumers from energy poverty. In liberalising the markets, I would like to remind you again of the situation in the United States. According to calculations by the NGO Public Citizen, in the 14 states where the price of electricity is not regulated, it is 52 per cent higher than in the 36 states where it is regulated. Liberalisation, competition and unbundling of ownership will not automatically lead to a reduction in prices."@en1

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