Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-488-000"
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"en.20110913.40.2-488-000"2
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"Mr President, Mr Korolec, Commissioner, I think the best thing the European Union can do for energy in Europe is to create true competition in the internal market. This competition will work to reduce prices both for individual and industrial consumers. This, in turn, will translate into profitability and competitiveness for our economy. True liberalisation can also improve energy security where it is threatened by suppliers whose position is too dominating and may perhaps be positively monopolistic. We are faced with such a situation in Central Europe, which is still too heavily dependent on the Russian firm Gazprom. For the market and competition to interact and to enable them to operate freely, it is necessary to build confidence and ensure guarantees of fair practices. In relation to the development of the wholesale electricity and gas market, and this includes the cross-border market in these products, it is necessary to have better coordination of national monitoring and inspection activities, and this will be possible with the entry into force of the Regulation on European Energy Market Integrity and Transparency.
Parliament has amended the European Commission’s proposal. We have brought in clear – or at least clearer – distinctions between the competences of national regulators and those of Brussels. We have agreed more specific principles concerning the adoption of delegated acts. We have introduced better guarantees for the confidentiality of the data which the parties will provide to the Agency for the Cooperation of Energy Regulators. Finally, we propose extending inspection activity to include derivative contracts from the CO
emissions market, which, in the next few years, is certain to undergo extremely dynamic development. All of these things are reasons why, in the course of the next few years, it is certain that we will not be able to avoid talking about giving better financial support to the agency. They are also the reasons why the European Conservatives and Reformists Group will endorse the report proposed by ..."@en1
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"2"1
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