Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-07-09-Speech-1-148"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2007-07-09"^^xsd:date2
dcterms:Is Part Of	lp_eu:Internal gas and electricity market (debate)2
dcterms:Language	"fi"^^xsd:language2
lpv:document identification number	"en.20070709.19.1-148"2
lpv:hasSubsequent	lp_eu:2007-07-09-Speech-1-1492
lpv:speaker	lp:Esko Seppänen2
lpv:spokenAs	substitute; CONT (2007-01-31--2009-07-13)3 vice-chair; Delegation to the EU-Russia Parliamentary Cooperation Committee (2004-09-21--2009-07-13)3 unknown; Vasemmistoliitto (2004-07-20--2009-07-13)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2004-09-15--2009-07-13)3 member_of_the_bureau; EUL/NGL (2004-07-20--2009-07-13)3 substitute; ITRE (2007-01-31--2009-07-13)3 member; BUDG (2007-01-31--2009-07-13)3
lpv:translated text	". Madam President, Commissioner, ownership unbundling is a patented drug in the EU to cure market diseases caused by market viruses and bacteria. Our group has no great faith in market self-correcting mechanisms to cure these illnesses. We also need strong national and EU level regulators. The biggest drawback as far as consumers are concerned is the pricing mechanism for electricity. In the stock markets all producers get the same price for electricity: it is determined in accordance with the highest production costs of all. The pricing mechanism is an automatic profit spinner for producers of cheap electricity. If the Commission tries to harmonise the electricity markets, it will also be harmonising the price of electricity. Then the price of electricity will rise in countries where it is cheap. So some consumers will have to pay the electricity bills of others. That is quite wrong."@en1

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