What are the powers of national regulatory authorities? Can they fine companies if they do not respect their rules?
The Third legislative package gives stronger and better defined powers to NRAs. They will be able to issue binding decisions on companies, take appropriate measures in cases where the functioning of the gas and electricity markets is insufficient and impose penalties on companies that do not comply with their legal obligations or with decisions from the NRA.
Related Questions
- National regulatory authorities must be independent to guarantee competition. What are you going to do to make sure they are independent?
- What are the powers of energy regulators? Can they fine companies if they do not respect their rules?
- Is the new agency going to replace national regulatory authorities?