Power to the people
May 8th, 2008
posted by Cptn
It seems ‘the European Parliament has endorsed controversial plans to force huge mainland European energy groups to sell off their power transmission networks and open up the EU market to greater competition.’
And according to South West MEP Giles Chichester, this is a good thing.
He told the PRSD: “Having a fully competitive market is in everyone’s interest. It is in the interest of consumers because it means energy is supplied and delivered at the most competitive rate. It also means an improved service to consumers and that is a very important consideration. In a competitive environment, companies tend to be more interested in helping to solve consumers’ problems than they might otherwise be.”
“But it is also in the interests of the companies. It makes the various players in the market more efficient and hopefully more profitable. It makes a more efficient use of our finite energy resource,” said the MEP, who is on the European Parliament’s Industry, Research and Energy Committee.
“One of our needs in Europe is to be competitive. We need a competitive supply of energy. Energy is the second most important thing in the world after food. It is very important to our standard of life and to our economy. It is essential and as such it should be efficient and it should be competitive.”
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Entry Filed under: Environment, Society
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