ICELAND LIBERALISATION

BY SIGRÚN DAVÍDSDOTTIRTHE ICELAND parliament, the Althing, is struggling to pass a bill based on the EU electricity liberalisation directive, which tries to boost competition the sector. The government is set on passing it, but the bill is meeting a strong opposition in wide circles, claiming it is inappropriate for Iceland. The remote Nordic country must abide by many EU directives as a member of the European Economic Area. The directive requires a clear division between energy producers and energy distributors. However, the Icelandic energy market is almost ...


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