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Q&As on REMIT – Question II.2.2.

Why centralise the monitoring at the Agency?


Answer:

Wholesale energy markets are becoming increasingly interlinked across the Union. NRAs typically see only a part of these markets. A centralised approach to market monitoring with a holistic view of the markets is therefore essential to ensure effective detection and deterrence of abusive market practices. In addition, a centralised data collection will help to avoid double reporting of market participants active in several Member States will instead provide the Agency with a complete set of data on the EU wholesale energy market.

Last update: 20/12/2011   RSS_Icon Subscribe to this Page’s RSS