Reports on market design and gas storage interventions
ACER has published this report, "Final Assessment of the EU Wholesale Electricity Market Design" which looks at how well the current market in the EU performs. In general, the report…
More pushback against market interventions – Traders fined – Action re oil market manipulation
An article has been published here on the EURACTIV web site by Christoph Maurer and Lion Hirth arguing against the proposed market interventions in Spain and Portugal. These are being…
ACER report on gas storage and British energy security strategy
Following the publication of a legislative proposal by the European Commission on security of supply measures related to gas storage (see here), ACER has published a report on the current…
Pushback against market interventions – gas storage targets
EEX has yesterday issued this press release, which reports on a statement from their Exchange Council with respect to possible market interventions proposed by some EU Member states. The statement…
ECB turns down industry request – investigation into LME nickel trading suspension
The European Central Bank has declined a request from the energy industry for financial support due to margin calls resulting from recent volatility. The story is reported here on the…