Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-253-250"

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"en.20110914.24.3-253-250"2
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"At the time I voted for this regulation, I had consumer protection foremost in my thoughts. The introduction of a regulation governing energy market integrity and transparency will ensure that wholesale energy trading is conducted fairly. It is our duty to protect consumers and ensure that the final price they are going to pay is fair. However, we cannot talk about consumer protection without having a more transparent internal market. Energy market transactions should not be conducted on the basis of insider trading or creating monopolies. Therefore, I agree with the introduction of penalties to reflect the harm caused to consumers, as well as with setting up a European register to monitor transactions closely. I welcome the adoption of this regulation and I firmly believe that it will bring us closer to creating an internal energy market."@en1

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