Germany Throws Support Behind Energy Deregulation

Law360, New York (January 16, 2007, 12:00 AM EST) -- The European Union has cleared another hurdle on the track to deregulating energy markets, after the German government dropped its opposition to the E.U.'s plan.

German Economy Minister Michael Glos, who originally opposed the European Commission’s proposal to liberalize European energy markets, reversed his position, telling the Financial Times that Germany supports separating energy providers from their networks.

Glos told the paper that he favored a “step-by-step” implementation of the E.C.’s plan, including the creation of an energy regulator and the unbundling of power companies....
To view the full article, register now.