Big integrated energy companies including EDF and Eni could learn on Friday if they will be forced to reorganise their businesses under plans by Brussels to liberalise the sector.

European Union countries will attempt to reach agreement on the divisive proposals – designed to increase competition in the bloc’s electricity and gas markets.

A breakthrough at an EU meeting in Luxembourg hangs in the balance, underlining divisions over energy policy in the 27-member union.

Heavyweights Germany and France oppose sweeping change, while the UK, the Netherlands and Sweden are pushing for further liberalisation. ... Read full article