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Policy & Regulation

ACER to get more power in regulating energy markets

The EU is giving the Agency for the Cooperation of Energy Regulators a bigger role in market oversight, but concerns over funding and staff shortages remain The EU is giving the Agency for the Cooperation of Energy Regulators a bigger role in market oversight, but concerns over funding and staff shortages remain.
By Andreas Walstad 18 December 2018 Europe & Russia / Policy & Regulation 0 33721
The trading floor at Vattenfall in Sweden. (Vattenfall)

An agreement reached by the Council of the EU and the European Parliament last week will give the Agency for the Cooperation of Energy Regulators (ACER) more regulatory oversight over the European Network of Transmission System Operators for Gas (ENTSO-G) and its counterpart for electricity ENTSO-E. In short, it will give ACER a bigger say in identifying breaches of obligations – such as those related to network codes, capacity markets and the sharing of gas and power between EU countries in extreme...