A busy year ahead

Wilcox, Jeremy
February 2005
Power Economics;2/2/2005, Vol. 9 Issue 3, p7
The article focuses on regulation of power resources in European market as France and Germany are taking forward steps as of February 2005. The partial privatization of the French utility monopolies is so partial it is almost a token gesture. After the gallant French union resistance of last year, which resulted in the government guaranteeing to keep a minimum 70 per cent ownership of each company, the unions are still berating the government for its decision, convinced that a public service has to be centrally run and that through privatization the service will deteriorate. A similar prognosis is forecast for the German market, which, according to the media, may have an independent energy regulator taking office on April 1, 2005.


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