Nord Pool Gas and the Danish Energy Regulatory Authority (DERA) initiates formal co-operation following REMIT
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| 20.02.12 13:22 |
Nord Pool Gas and DERA have agreed to engage in closer co-operation in order to strengthen market surveillance in light of the EU “Regulation on Energy Market Integrity and Transparency” (REMIT) that entered into force December 2011.
REMIT constitutes an EU wide legal framework designed to prevent market abuse such as insider trading and market manipulation. The Nord Pool Gas and DERA co-operation involves regular meetings to ensure a closer dialog and the enforcement of REMIT in the wholesale gas market.
Nord Pool Gas and DERA held their first meeting on February 10th.