Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-249-250"

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"en.20110914.24.3-249-250"2
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"I am voting for this report, as it aims to prohibit the manipulation of the EU energy markets, defines them, and puts in place control mechanisms and sanctions to discourage market abuses. As is set out in this report, the Agency for Cooperation of Energy Regulators (ACER) must be given an important role in supervising the markets, monitoring and helping to enforce the regulation of national regulatory authorities, introducing a system of registration for market participants and guaranteeing that penalties take into account the harm caused to consumers by market abuses. To this end, ACER must have sufficient resources so as to take into account the additional functions assigned to it. It is also important for sanctions to be harmonised across all the Member States and, as such, the Commission should consider the call for proposals to harmonise minimum penalty standards."@en1

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