Brussels prepares legal sanctions as France stalls on energy liberalisation
Friday 19 November 1999
France is also threatened with retaliation from other member states in the European Union, although it is thought that Britain will leave it to the European Commission to punish the French. Helen Liddell, the Minister for Energy and Competitiveness in Europe, said: "The French say they believe in a single European market. They must learn to live with the consequences."
Brussels intends to start legal proceedings against France next Wednesday after the French parliament delayed a crucial vote to liberalise its power market
The vote means that France will miss an EU deadline to open up 26 per cent of its electricity market to outside suppliers by the end of the year and will not take any liberalisation measures until next year.
The delay is likely to result in retaliation against the state-owned French power producer Electricite de France from Spain, Italy, Germany and, potentially, the UK.
A spokesman for EdF, which also owns London Electricity and the supply arm of Sweb in the UK, said parliament's failure to agree the energy bill had posed "serious problems" for it.
Spain and Italy have both threatened to close their markets to EdF and the Germans may block its purchase of a 25 per cent stake in Germany's fourth-largest utility, Energie Baden-Wuerttemberg.
The necessary French legislation is not now likely to be passed until February next year - a year after the original deadline for market liberalisation.
The UK's Electricity Association said it was disappointed by the further delays. "France will now be at least a year late in meeting the very modest requirements of the Electricity Directive. Even then, further measures will be needed to create a regulator and establish an independent system operator, so, in reality, little progress is likely before the end of 2000."
- 1 President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
- 2 Doctors remove 80 teeth from boy's jaw
- 3 The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
- 4 Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing
Syrian teenager Usaid Barho reveals how he escaped from Isis using a suicide vest
Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
Millions of Britons struggling to feed themselves and facing malnourishment
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
Nigel Farage: Ukip leader named 'Briton of the year' by The Times
Douglas Carswell tells Ukip to stop blaming foreigners as youth poll shows Nigel Farage is even less popular than Nick Clegg
iJobs Money & Business
Not specified: Selby Jennings: VP/SVP Credit Quant Top tier investment bank i...
Not specified: Selby Jennings: Quantitative Research | Global Equity | New Yor...
Not specified: Selby Jennings: SVP Model Validation This top tiered investment...
Highly Competitive: Selby Jennings: Our client, a leading European Oil trading...