The energy giants in Europe get closer and closer to completely losing their control over their own groups, given the EU efforts to divide them into smaller groups, notes.

High-ranked European officials confirmed that Brussels prepares a set of laws designed to separate production from the distribution within the large energy companies.

The so-called “belonging separation” is seen by European authorities as a key towards cheaper energy and as the best way to encourage competition in the energy field. The law draft is due for presentation in September, officials say.