DFC Economics’ Post

The establishment of the Internal Energy Market in Europe called for a high degree of competition in the wholesale energy markets, also promoted by the integration of such markets through time. However, at the time of the Third Energy Package, no specific provisions existed to prevent market abusive behaviour in the electricity and gas market. The Regulation on Wholesale Energy Markets Integrity and Transparency (REMIT) was adopted in 2011 to this purpose, extending the financial markets regulation to the energy sector, and complementing the standard toolkit available in the context of competition law. Learn more about REMIT, its rationale and economic foundation in this article by our Director Alberto Pototschnig https://lnkd.in/dZSABwVW

The origin of REMIT and its initial implementation

The origin of REMIT and its initial implementation

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