EU ROUND UP – AGREEMENT FORGED OVER UNBUNDLING OF EU GAS AND ELECTRICITY NETWORKS

BY KEITH NUTHALL A DEAL has been struck at the European Union (EU) Council of Ministers over unbundling of gas (and electricity) networks, which will allow formal ownership of production and distribution operations. However, this compromise option will insist on transmission systems being managed by an independent operator. Ministers agreed that a final text of the unbundling law would insist upon the avoidance of conflicts of interest between this operator and the network owner; fair and non-discriminatory access to this network to third parties; and that any ...


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