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EU moves to stop manipulation of wholesale energy market

An electric power transmission pylon stands behind a relay station near Teuchern, Germany.
Photo: Sean Gallup/Getty Images

New law aims to protect against market manipulation and reinforce market surveillance.

On March 18, 2024, the Council of the EU adopted a draft Regulation to protect the wholesale energy market against market manipulation.

The draft Regulation will reinforce market surveillance in the European Union and ensure open and fair competition in the wholesale energy markets. This forms part of the EU’s