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EU Regulator to Adopt Energy Market Transparency Regulation
2010-11-24 09:57:03.414 GMT
By Ewa Krukowska
Nov. 24 (Bloomberg) -- The European Commission will likely
adopt on Dec. 8 regulation to create a tailor-made energy market
transparency and integration regime, said Tadhg O'Briain, an
official at the commission's energy directorate.
"What we considered as necessary is a framework adapted to
the specifics of energy markets to deter market abuse,"
O'Briain told a panel during the EMART conference in Amsterdam.
"We're very confident this is a proposal that can be supported
internally in the commission and externally."
The regulation, drafted by the commission's energy
directorate, will then need to be approved by the European
Parliament and member states to become binding.
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To contact the reporter on this story:
Ewa Krukowska in Amsterdam at +32-2-237-4331 or
ekrukowska@bloomberg.net
To contact the editor responsible for this story:
Rob Verdonck at +44-20-3216-4149 or
rverdonck@bloomberg.net
