Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-06-02-Speech-1-114"

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"en.20030602.7.1-114"2
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"Mr President, without wishing to detract from the huge accomplishment of our fellow Members, this is a subject on which there will never be an end to analysis and debate. I would like to focus briefly on the electricity market. The situation in Europe reveals structural differences which I believe the launching of the liberalisation process will not alone suffice to overcome. The electricity market in Europe has been concerned with linking markets but not with creating uniform conditions for access to generation, institutional systems and symmetry in fuel choices, with a view to establishing competing symmetrical conditions in the generation sector. The cross-border regulation, through market mechanisms such as specific auctions, for instance, in countries penalised by internal production conditions, prejudices the situations of economic advantage for the end consumer deriving from the availability of imported energy. Given the differences in cost and the congestion caused by a demand for energy which is considerably higher than supply, the effect will ultimately be convergence of the external and internal prices. The nuclear issue would exacerbate the situation, creating the strange situation where some people are called upon to contribute to the cost of decommissioning in other countries when they are not actually in a position to benefit, because of the market-based mechanism provided for by the cross-border regulation, from energy produced by nuclear plant. While we feel that the cross border flow efficiency mechanisms proposed can be endorsed in the long term, we consider that applying them in the short term would be extremely harmful. Therefore, we would support the raft of directives only if this were achieved by means of phasing-in the market mechanisms, for the cross border regulation cannot produce identical positive effects for the end consumers of the Member States when there are disparities in trade flows."@en1

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