The regulators for The Netherlands, Belgium and GB have asked ECA to model their respective markets to assess whether the interconnectors, IUK and BBL, have potential market power and whether they are capable of exercising it by restricting gas volumes transferred...
ECA is advising the regulators on how to promote liquidity in the I-SEM project and the possibility of developing a forward power exchange. The lack of liquidity in hedging instruments in the current market is a major problem, which may worsen once smaller parties...
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