EU to pass legislation on wholesale energy-trading abuse

EU to pass legislation on wholesale energy-trading abuse




The EU passed legislation on 14 September which aims to prevent energy-trading abuse - the bill, which is called the Regulation on Energy Market Integrity and Transparency(REMIT), was widely approved in the European Parliament, with only 26 of the 656 members voting against.

The most important part of the bill introduces the concept of independent member-state monitoring of wholesale energy trading, meaning that member states will now be able to directly punish those found guilty of...


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