361 Mr. Durkan asked the Minister for Communications, Marine and Natural Resources his views on the recent report by the EU Competition Directorate that found Ireland has the second least transparent electricity market in western Europe and which warned that the threat of market power abuse is high, in view of his role fostering competition in industry here; the steps he will take to ensure the market becomes more transparent and the threat of market power abuse is removed; his views on whether there is little hope of encouraging further independent investment and greater competition in the electricity market until such steps are taken; and if he will make a statement on the matter. [12634/07]

Summary

361 Mr. Durkan asked the Minister for Communications, Marine and Natural Resources his views on the recent report by the EU Competition Directorate that found Ireland has the second least transparent electricity market in western Europe and which warned that the threat of market power abuse is high, in view of his role fostering competition in industry here; the steps he will take to ensure the market becomes more transparent and the threat of market power abuse is removed; his views on whether there is little hope of encouraging further independent investment and greater competition in the electricity market until such steps are taken; and if he will make a statement on the matter. [12634/07]

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• Energy Market.

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