MFA submitted recommendations to the European Commission to implement targeted reforms to its EU energy market regulations in a comment letter. The letter responds to the Commission’s review of the functioning of commodity derivative markets and spot energy markets.
MFA’s five primary recommendations are to:
- Harmonize EU energy market reporting regimes.
- Avoid unnecessary and burdensome reporting requirements.
- Reject location-based restrictions on derivatives trading.
- Improve transparency around circuit breakers.
- Ensure proportional treatment of spot energy markets.
