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EC proposes legislation to enforce utility unbundling

01/22/2007
The European Commission has proposed enforcing full ownership unbundling of gas and electricity infrastructure via new legislation as one of its measures to help facilitate an internal energy market in Europe.Unveiling a comprehensive energy policy package in Brussels Jan. 10, the EC said it was necessary to have a fully functional internal energy market to ensure competitive and secure energy supplies.However, the European Union is likely to miss its deadline in July to have a fully opened internal market, as many member states are now involved in infringement procedures launched by the EC for failing to implement the directives to meet this objective.According to the EC’s sectoral...
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