EU countries to link power grids

Five European countries, Belgium, France, Germany, Luxembourg and The Netherlands, signed an agreement, June 2007, to increasingly link their power grids to make it easier to trade electricity across their borders.

EU Energy Commissioner Andris Piebalgs welcomed the signature of the Memorandum of Understanding (MoU) for the coupling of the French, German, Belgian, Dutch and Luxembourg electricity markets into a single regional area. The MoU, is the founding stone of the largest integrated regional energy market in Europe. 'Regional markets are a positive step towards the creation of single European energy market. It will bring lower prices for consumers, increased security of supply and will attract investment in new generation capacity and transmission infrastructure', said Commissioner Piebalgs.

• Primary Source

European Commission: Press Release: IP/07/770: Commissioner Piebalgs welcomes the creation of a 5-country electricity coupling as a positive step towards a single European energy market http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/770&format=HTML&aged=0&language=EN&guiLanguage=en

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