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EBRD assists Bulgaria's energy and water sector


EBRD assists Bulgaria’s energy and water sector
EBRD assists Bulgaria’s energy and water sector
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The European Bank for Reconstruction and Development (EBRD) has successfully completed a technical assistance project to strengthen Bulgaria’s Energy and Water Regulatory Commission (EWRC) by enhancing the regulator’s analytical and technical capacity.
The project, led by the EBRD’s Legal Transition Team, focused on:
1)     practical implementation of legislative amendments on market monitoring, integrity and transparency prepared during Phase I as part of the country’s transposition of the European Union’s third energy package
2)     development of regulatory acts, rules and methodologies aimed at improving regulation of the electricity distribution network, and ....

Bulgaria Energy , Water Regulatory Commission , Eu Regulation On Wholesale Energy Market Integrity , European Union , European Bank , Legal Transition Team , Transition Team , Wholesale Energy Market Integrity , European Structural , Investment Funds , பல்கேரியா ஆற்றல் , தண்ணீர் ஒழுங்குமுறை தரகு , யூ ஒழுங்குமுறை ஆன் மொத்த ஆற்றல் சந்தை நேர்மை , ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய வங்கி , மாற்றம் அணி , மொத்த ஆற்றல் சந்தை நேர்மை , ஐரோப்பிய கட்டமைப்பு , முதலீடு நிதி ,

ACER - REMIT Breach: Rock Trading World S.A. Fined For Manipulating The Spanish Gas Market


ACER - REMIT Breach: Rock Trading World S.A. Fined For Manipulating The Spanish Gas Market
Date
23/04/2021
The Spanish National Commission of Markets and Competition (CNMC) published today a decision in which it holds that the company Rock Trading World, S.A. (‘Rock Trading World’) manipulated the Spanish gas wholesale market between 3 and 7 November 2018, breaching the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT). CNMC has imposed payments amounting to € 60,000.
CNMC found that Rock Trading World engaged in market manipulation, consisting in issuing non-genuine orders and executing transactions involving low volumes on the sell side of the market in order to provide false signals of a downward price trend, so that it could purchase large volumes of gas at lower prices on the within day products traded at Mercado Ibérico del Gas (MIBGAS). Such behaviour was repeated for four days. Furthermore, on 5 November 2018, Rock T ....

United Kingdom , Great Britain , Mercado Ib , Eu Regulation On Wholesale Energy Market Integrity , National Regulatory Authority , Electricity Markets Authority Ofgem , French Energy Regulatory Commission , Spanish National Commission , Rock Trading World , Wholesale Energy Market Integrity , Del Gas , Trading World , Guidance Note , Marketing Limitedfor , French Southern , Gas Trading Point , Electricity Markets Authority , Engie Global Markets , Energy Regulators , ஒன்றுபட்டது கிஂக்டம் , நன்று பிரிட்டன் , யூ ஒழுங்குமுறை ஆன் மொத்த ஆற்றல் சந்தை நேர்மை , தேசிய ஒழுங்குமுறை அதிகாரம் , பிரஞ்சு ஆற்றல் ஒழுங்குமுறை தரகு , ஸ்பானிஷ் தேசிய தரகு , மொத்த ஆற்றல் சந்தை நேர்மை ,