ESTONIA OIL SHALE
May 1st, 2004
BY KEITH NUTHALLESTONIA should hasten its electricity market liberalisation, helping to promote investment in an oil shale industry fuelling most power generation, the European Commission has proposed. It has asked European Union (EU) ministers to approve a derogation from the EU's electricity liberalisation directive requiring full market opening - including the right to secure energy materials from any source - by 2012. Brussels also wants 35 per cent of the Estonian power market liberalised by December 2008. By contrast, Estonia wants full liberalisation ...
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