Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-254-562"

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"en.20110914.24.3-254-562"2
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"This framework is geared to the energy markets, supplementing the already existing regulations for financial markets. Unfair practices on energy markets affect the level of prices to such an extent that the markets are unable to fulfil their role of sending clear signals to power plants, individual consumers and businesses about optimal energy use, provide guidance on reasonable investments in the energy infrastructure and promote efficient energy use. Transparency in energy markets is a prerequisite for smoother integration of the EU energy market, which should provide significant benefits for consumers. This is why the Regulation on Energy Market Integrity and Transparency (REMIT) functions as a key tool for achieving the goal set by the European Council, which is to create the internal market by 2014."@en1

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