EU LEADERS KEEP LIBERALIZATION TARGETS

Fuente: Platts

 

 

European Union leaders re-affirmed their commitment to liberalize the gas and electricity markets at a European Council

meeting in Seville, Spain Jun 21-22, the EU said. EU leaders said they expected an agreement on the accelerated opening of markets by the end of this year. But the goals remain un-changed

from those set out at the Barcelona spring council, as energy policy took a backseat to other concerns, such as EU

immigration policy. In Barcelona, EU leaders reached a compromise for both the gas and power sectors, agreeing to complete market opening for non-household customers (around 60% of the total market) by 2004, but they chose not to set a date for the domestic sector. Instead, they concentrated on other issues such as a better definition of the public service sector and security of supply. While EU goals remain the same, the pressure is mounting to push these amended directives through as quickly as possible. But it is unlikely they will be rubber stamped before the end of 2002. The Seville Council also approved further progress made on an EU energy tax directive, which should also be adopted by the end of this year.

This has been helped along by a Spanish presidency compromise package, including concessions for energy-intensive businesses.