EURELECTRIC PUBLIC SERVICE
March 1st, 2004
BY KEITH NUTHALLA REPORT from European Union (EU) power federation Eurelectric has said that when regulators or governments impose public service obligations under the 2003 electricity directive, utilities "should be granted fair compensation."The group adds that such obligations should be organised "in a transparent and non-discriminatory manner", using "market-based mechanisms." In any event, Eurelectric calls for a light touch by regulators: "Open and competitive electricity markets are able to deliver the best results in terms of quality, reliability and ...
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