Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-149-000"
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"en.20110914.24.3-149-000"2
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"Mr President, the regulation on energy market integrity and transparency creates an EU legal framework to prevent market abuses and manipulations in the wholesale energy market. The purpose of the liberalisation thus introduced was to create the conditions for the internal market by 2014. Liberalisation, however, has not achieved its purpose, energy prices have not become standardised, prices have increased, and their variability has increased, too.
In my opinion, we can achieve the stabilisation and standardisation of energy market prices by suppressing unfair practices, thereby improving on the current situation of end users. Wholesale contracts, however, are easy to purchase and sell on, and therefore are more vulnerable to market manipulations.
This is another reason why we need more effective market control. We must create an EU register of market players from the national registers, and also provide the relevant authorities access to it. For this reason I too voted in favour of this proposal."@en1
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