Summary
This report proposes updates to EU regulations to better protect wholesale energy markets from manipulation. It aims to align energy market rules with financial market standards and enhance the monitoring powers of ACER. 9 29.02.2024
Report
energy
finance
public administration
business and competition
information technology and data processing
Key points
- The regulation aligns the definitions of market manipulation and inside information with existing financial market laws to ensure consistency across sectors.
- New rules are introduced to manage the risks of algorithmic and high-frequency trading, requiring participants to have robust risk controls.
- The Agency is empowered to establish daily price assessments and benchmarks for the Liquefied Natural Gas (LNG) market to increase transparency.
- The Agency's investigative powers are expanded to include on-site inspections and formal requests for information, particularly for cross-border cases.
Vote
PPE (172)
S&D (139)
Renew (102)
Verts/ALE (71)
ECR (68)
ID (59)
NI (51)
The Left (36)
Total
435 In favor32 Against31 Abstained200 Absent
Vote
PPE
S&D
Renew
Verts/ALE
ECR
ID
NI
The Left
Total
Speeches
12 Speeches in total
Pro
Contra
Pina PICIERNO
S&D
Dan NICA
S&D
Documents (PDFs)
Opinion on the Commission proposal on amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market (2023/0076 (COD)) and amending Regulations (EU) 2019/943 and (EU) 2019/942 as well as Directives (EU) 2018/2001 and (EU) 2019/944 to improve the Union’s electricity market design
PROVISIONAL AGREEMENT RESULTING FROM INTERINSTITUTIONAL NEGOTIATIONS Proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market
DRAFT OPINION on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market
DRAFT REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market
OPINION on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market
Improving the Union’s protection against market manipulation on the wholesale energy market
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.