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Why is ACER necessary if the European Group of Regulators for Electricity and Gas already exists?

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Why is ACER necessary if the European Group of Regulators for Electricity and Gas already exists?

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The European Group of Regulators for Electricity and Gas (ERGEG) has delivered a very positive contribution to the development of the internal market since the second package in 2003. Nevertheless, as ERGEG itself has stated, the powers need to be formalized, in order to take decisions in cases where national regulators cannot agree. Since only an agency could be entrusted with binding decision-making powers, an agency has been created to complement the work done by ERGEG.

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