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I am noting that as far as I can see from up here the Commission is anti low prices.

A few years ago Sweden was one energy market. Then the Commission in its wisdom decided Swedish companies (read Vattenfall) charging danish energy companies a higher price for their load balancing then the average price on the Swedish market was illegal. So Sweden was divided into several energy markets with higher price as one approaches Denmark. There is even a silly cover story (which may or may not have been produced to sooth the Commission) that the lines can not carry so much electricity south and too little is produced in the south. The cover story prompting demands for re-starting Barsebäck.

So net result: higher energy prices in particular in  Scania, increased hostility against Brussels and/or increased confusion in the energy debate. Nice going.

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by A swedish kind of death on Sun Jun 23rd, 2013 at 03:45:23 PM EST
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