Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-06-17-Speech-2-298"

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"Madam President, Commissioner, ladies and gentlemen, my speech will focus on the issue of ownership unbundling, although I do not think that this is the most important issue. Actually, I think that we have wasted too much time on this issue. To unbundle or not to unbundle, that is not the question. Managing a network requires industrial expertise. Electricity cannot be stored; the frequency and voltage of the grid must be maintained according to market demand. With ownership unbundling, the Commission still faces the risks of speculative or political system operation. The question of ownership, industrial management and network security has not, in my opinion, been sufficiently analysed. That issue aside, we have managed to promote the role of one of the key players in the functioning of the internal market: the regulators. They must be given real powers so that they can exercise their rights and responsibilities. Through the Agency for the Cooperation of Energy Regulators, regulators will have a pivotal role when it comes to cross-border issues and the harmonisation of technical codes to ensure that our networks function better and are more secure. The Group of the Alliance of Liberals and Democrats for Europe has tabled three amendments: the first is to underline that the functioning of the internal market must hinge on the interests of the private and industrial consumer. This is self-evident, but it is still worth repeating. The second concerns long-term contracts which are subject to compliance with certain principles. These should be seen not as a barrier to competition but as a stabilising factor. It should be stressed that this is requested by industrial consumers. Finally, the third is there to provoke discussion. It is a question of the Commission, in consultation with all the market players, contemplating the move to a European transmission system operator. This may be a long way off, but it is an interesting point to consider. The future of the internal electricity market could be guaranteed with a European electricity transmission network."@en1

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