Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-259-500"

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"en.20110914.24.3-259-500"2
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"I voted in favour of the regulation on energy market integrity and transparency, in order to combat market abuse in the energy sector. Wholesale trade in energy products will now be regulated independently throughout the whole of the European Union. To achieve this, the draft regulation stipulates that the Agency for the Cooperation of Energy Regulators will oversee the electricity and gas markets, in cooperation with the national regulatory bodies. The regulation will prohibit the unlawful use of inside information and practices that manipulate the markets. As regards penalties, we were keen to take the ‘damage caused to consumers’ into consideration. We also advocated creating a European register of energy market participants."@en1

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