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Research Report / Energy

European Energy Markets Transparency Report | 2013 edition: Overview of Progress in Europe

Author(s): LASSOURCE Adeline

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ABSTRACT

This report presents the main initiatives taken to promote and enhance the transparency of European wholesale energy markets from 2012 until 1 October 2013, in terms of both public governance and private operators’ actions. The first section of this report looks at what progress has been made towards a common European approach for transparency and market integrity. After summarising the main steps of REMIT implementation, this section examines what has been achieved and what still needs to be done. Section two presents the progress made in setting up a European transparency platform to publish fundamental data considered a prerequisite for efficient market functioning in gas and electricity sectors. The final section discusses the level of transparency in the EU and good practices at national level and across national borders particularly concerning common allocation and transparency platforms for gas and electricity cross-border capacity.