MEPs approve EU power market rules
Swift approval of an EU directive liberalising electricity markets by 2007 appears likely after amendments agreed with ministers were voted by the European parliament's energy committee last week. While MEPs stood firm on the assembly's first-reading demand for the inclusion of environmental information in electricity bills, they backed down on a proposal to ban nuclear utilities from using decommissioning funds for other activities (EED 14/03/02). Rapporteur Claude Turmes, a Green, had argued that, without a ban, nuclear power firms would be "sheltered from the harsh winds of competition". See press release.
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