HC Deb 15 July 1994 vol 246 c798W
Mr. Spellar

To ask the President of the Board of Trade what direct benefits will accrue to the United Kingdom from the liberalisation of the electricity market in the European Union.

Mr. Eggar

Liberalisation of electricity markets will put downward pressure on electricity prices and will help to provide a level playing field in electricity supply in the European Union, particularly for energy-intensive industries. The opening of markets will create new investment opportunities for the United Kingdom electricity companies which do not exist at present.