EU, Member States Strike Deal On Energy Unbundling

Law360, New York (March 24, 2009, 12:00 AM EDT) -- The European Union has reached a compromise with member states on unbundling gas and electricity production and transmission, providing the states with alternatives to complete unbundling in exchange for stronger consumer protections.

The compromise was negotiated Monday between the European Parliament and the president of the Czech Republic, who was negotiating on behalf of the EU's member states, the EU announced Tuesday. Parliament and the member states must still formally vote on the proposal.

The European Commission proposed unbundling energy production and transmission operations, along with...
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