EU ENERGY REGULATORS CLAIM EUROPEAN GAS PRICES ARE STARTING TO CONVERGE

BY KEITH NUTHALL A REPORT released by the European Union's (EU) umbrella groups for gas and electricity regulators has claimed wholesale energy prices within the EU are beginning to converge, as cross-border sales develop. Consumer prices still varied significantly between the EU's 27 member states, however. The Agency for the Cooperation of Energy Regulators (ACER) and the Council of European Energy Regulators (CEER) said gas wholesale price convergence improved in 2011 in north-west Europe (Britain, Belgium, France, Germany and the Netherlands), although was ...


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