Titlebook: Capacity Withdrawals in the Electricity Wholesale Market; Between Competition Panagiotis Tsangaris Book 2017 Springer-Verlag GmbH Germany

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Regulatory Enforcement,n Article 3 for the prohibition of insider trading and in Article 4 for the obligation of market participants to publicly disclose inside information. Persons who possess inside information in relation to a wholesale energy product shall be prohibited from improper disclosure of that information as

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https://doi.org/10.1057/9781137001269inancial regulators were lacking a comprehensive overview of energy wholesale markets. The lack of transparency, in addition to the fact that market abuse can be a reason for concern, reinforced the need for sector-specific rules both on reporting obligations and on market abuse in energy wholesale markets.

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Introduction and Research Questions,be very harmful for the market and consumers. Thus, the ability of competent authorities to intervene against practices of physical and economic withholding of capacity is crucial. In Chap. ., the capacity withdrawal practices are put into context and explained and the general background is set out.

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Transparency,inancial regulators were lacking a comprehensive overview of energy wholesale markets. The lack of transparency, in addition to the fact that market abuse can be a reason for concern, reinforced the need for sector-specific rules both on reporting obligations and on market abuse in energy wholesale markets.

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Book 2017unctioning of electricity wholesale markets and the investigation of capacity withdrawal practices. It also examines the effect of the prohibition of market manipulation as prescribed in the REMIT in dealing with abusive capacity withdrawals in the electricity wholesale market..