Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-09-26-Speech-2-262"
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"en.20060926.25.2-262"2
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"Mr President, Commissioner, as a result of emission allowance trading, the price of electricity in Europe has generally risen, and furthermore, the price of electricity has risen independently of this, which means that the price of nuclear and hydro-electric energy has risen, resulting in windfall profits for the producers.
In the Nordic countries, there are common electricity markets, and the price of emission allowances has been passed on directly to the cost of electricity in the Nordic Power Exchange. It has also been passed on to the cost of nuclear and hydro-electric energy, and has produced windfall profits for producers in these sectors. When the allocations are reorganised, does the Commission intend to do something about these windfall profits that producers make from emissions trading?"@en1
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