What sort of transparency rules is the EC thinking of?
The EC proposes measures to enhance the transparency of the physical operations that take place in the market, meaning the way transmission network operators operate their networks, the way gas storage and liquefied natural gas (LNG) system operators operate their facilities and the way electricity producers operate their generators. This data provides market participants with information on the balance between supply and demand and, consequently, information on how efficiently the market uses its resources (in other words, that nobody abuses the market by hiding away generation or storage capacity). In short, this data enables market participants to supply customers efficiently.