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Iceland on Monday approved the implementation of the EU's so-called third energy plan, ending years of bitter debate in the country over reforms aimed at improving the functioning
of the EU's internal energy market.
An industry spokesman told Reuters that the third energy plan was approved by Iceland's parliament, with 46 votes in favor and 13 against
.
The EU's third energy package, proposed in 2007 and in force in 2009, aims to integrate the EU energy market and promote competition
.
But some Icelandic politicians have said it could undermine the country's sovereignty or even force it to establish a power link
with the European Union.
Currently, Iceland's electricity network is not connected to the EU's internal energy market
through any system.
Iceland is not a member of the European Union, but is part of the European Economic Area (EEA), which consists of
EU member states plus Norway, Iceland and Liechtenstein.
Iceland also belongs to the European Free Trade Association (EFTA), which includes EEA countries and Switzerland
.
The scheme requires Iceland's approval to enter into force
in Iceland itself, Norway and Liechtenstein.
Iceland on Monday approved the implementation of the EU's so-called third energy plan, ending years of bitter debate in the country over reforms aimed at improving the functioning
of the EU's internal energy market.
An industry spokesman told Reuters that the third energy plan was approved by Iceland's parliament, with 46 votes in favor and 13 against
.
The EU's third energy package, proposed in 2007 and in force in 2009, aims to integrate the EU energy market and promote competition
.
But some Icelandic politicians have said it could undermine the country's sovereignty or even force it to establish a power link
with the European Union.
Currently, Iceland's electricity network is not connected to the EU's internal energy market
through any system.
Iceland is not a member of the European Union, but is part of the European Economic Area (EEA), which consists of
EU member states plus Norway, Iceland and Liechtenstein.
Iceland also belongs to the European Free Trade Association (EFTA), which includes EEA countries and Switzerland
.
The scheme requires Iceland's approval to enter into force
in Iceland itself, Norway and Liechtenstein.
