Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-512-000"
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"en.20110913.40.2-512-000"2
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"Romania has experienced such abusive practices and their adverse impact. While benefiting from preferential, non-transparent contracts, some companies have been able to purchase energy at rock-bottom prices, which they resell later on at prices up to three times higher. These measures allow the EU to move towards setting up a single energy market and achieving open, fair competition in the wholesale sector.
The powers provided for in Article 14, whereby the Agency for the Cooperation of Energy Regulators (ACER) will encourage the harmonisation of the regulatory framework with third countries, are also important. I must emphasise that the main beneficiaries are end consumers. The general public in particular will be able to enjoy better protection against volatile prices and high costs caused by abusive practices. I hope that these measures can be applied as soon as possible. The efficient operation of the energy market is vital to the whole economy and to the everyday life of Europe’s citizens."@en1
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