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Transport, Telecommunications and Energy Council: extracts from the final joint press conference by Jean-Louis Borloo and Andris Piebalgs

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European Ministers for Energy reached an agreement on the legislative package regarding the internal market in energy to liberalise the sector and including measures to prevent giant utilities from unfairly dominating the market. The EC welcomed the agreement legislative package for the EU electricity and gas market by saying that it will enable many of the benefits of an open and competitive energy market including fair prices for citizens and industry, business opportunities for new or smaller companies, or clear investment conditions for new power plants and transmission networks which can result in increased security supply and less risk of blackouts.
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Type: EbS   Reference: 59218   Date: 10/10/2008   Duration: 00:01:33
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