MEPS STRENGTHEN EU REGULATORY BODY’S POWERS OVER EU ENERGY MARKET MANIPULATION
July 1st, 2011
BY KEITH NUTHALL
STRONG support for boosting the powers of the Agency for the Cooperation of Energy Regulators (ACER) came this week at the European Parliament's energy committee, through amendments tabled to a planned European Union (EU) regulation banning EU energy market manipulation. In the text passed by the committee to the full parliament for debate in September, MEPs insisted ACER must have "sufficient financial and human resources" to play its key role of monitoring European energy trades to detect abuses. This would include the wholesale ...
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