Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-258-031"

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"en.20110914.24.3-258-031"2
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"I voted in favour of the proposal for a regulation of the European Parliament and of the Council on energy market integrity and transparency. The regulation lays down new rules that are designed to stop abusive practices in the wholesale energy markets, among other means by giving more powers to monitor and impose penalties to the Agency for the Cooperation of Energy Regulators (ACER), which was set up in 2009. Considering that at present one of the main objectives of EU energy policy is to complete the establishment of the internal gas and electricity market, and that research and investment are concentrating on developing trans-European energy networks, it is extremely important for this new market to be governed by rules that will protect consumers. We can also expect energy trading between Member States to increase over the next few years. The research currently being done in the North Sea on creating a network capable of transporting offshore wind energy is just one example of what is needed for the future. It will therefore be beneficial to provide an appropriate legislative framework for this new market, so that it can develop properly and expand within a clearly defined legal framework."@en1

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