EUROPEAN COMMISSION DRAFTS NEW COMPROMISE ON UNBUNDLING ISSUE
May 1st, 2008
BY KEITH NUTHALL
THE EUROPEAN Commission has drafted a new compromise on the vexed utility unbundling issue, which would see Brussels abandon its quest for complete legal separation between energy producers and transmission operators.
Instead, according to a leaked Commission working paper, it would be satisfied with transmission operators having complete autonomy, extending to being allowed to raise money on financial markets independently of their parent.
Transmission operators would not be able to share confidential information with co-owned energy producers ...
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