Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-257-000"
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"en.20110914.24.3-257-000"2
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"The basic aim of the regulation under discussion is to organise the European energy market in such a way that its resulting integrity and transparency will preclude large energy corporations from exhibiting monopolistic or oligopolistic tendencies.They prevent the development of innovative, energy-saving solutions, which may in fact have an adverse effect on the situation of the end-user. The aim is to prevent speculation and to avoid risks which include those resulting from abuses, especially on the derivatives market. Speculative notifications of demand for energy should be restricted in cases when they cannot be accepted and transmitted immediately, as should be cases where there is no financial possibility of carrying out the transaction. Transparency of the energy market also requires comprehensive information on actual prices, being a
of fair play.
The regulation does not include trading in new forms of energy, for example, not the energy itself but the power available over a certain period of time (capacity payment), which would curb speculation. When setting energy prices, transmission costs are not taken into account (nodal pricing), which means that the total costs are incorrect. Selected scientific institutes should also have access to data, even data classified as sensitive, in order to be able to carry out independent analyses. For the above reasons, and being of the opinion that this regulation requires additional work, I abstained from voting."@en1
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