European wholesale power markets face a number of barriers to trade and are lagging behind the gas sector in terms of market integration, the Agency for the Cooperation of Energy Regulators (ACER) said in its annual market monitoring report, released on Friday.
ACER said the limited amount of cross-border transmission capacity made available for trading was a major obstacle to developing liquid power markets, echoing concerns voiced by the European Federation of Energy Traders (EFET) and others earlier this year.
The average benchmark...
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