Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-07-09-Speech-1-162"
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"en.20070709.19.1-162"2
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"Madam President, I should like to congratulate Commissioner Piebalgs on yet another good proposal. This particular one aims to support the European common market in energy. Congratulations are also due to the rapporteur on his excellent report.
The issue of ownership unbundling has proved the most controversial, but I would like to make three observations concerning rather different problems. I do of course support unbundling very strongly indeed. My comments concern other matters, however.
Firstly, the single European market calls for strong physical links between national markets and even between regional ones. Distribution network operators must be encouraged to invest in cross-border connections. The European Union and the countries concerned must provide stronger support for such connections as they are a
for the common market and genuine competition.
Secondly, European integration should involve not only energy and CO2 emission rights, but also the market in green, red and white certificates. The development of these markets should aim at making them more European. Turning to the most important and fundamental issue of all, I must emphasise that the Union’s underlying problem at present concerns undertaking a strategic investment programme to redevelop old facilities and build new highly efficient ones.
The issue that arises is whether we wish to base this investment only on the simple principle of a gradual price increase across the board. That may prove unduly expensive for European SMEs and energy-intensive industries. Efficient investment regulation mechanisms should be sought, to create new opportunities. Investment certificates are one possibility.
Congratulations once again."@en1
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