Yesterday the federal Chamber of Representatives refuses to adopt a proposal introduced by the social-democrats and the green parties aiming at giving the executive the powers, upon advice of the regulator, the CREG, to impose maximum prices on the wholesale market. The majority of liberal-democrats and Christian-democrats argued that such proposal would not distort competition in the market. Both parties agreed that Belgium needs more investments in new energy production.
Friday, 30 November 2007
Maximum prices for the Belgian energy market
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