The Regulation on the Integrity and Transparency of the Wholesale Energy Market sets out the criteria that prohibit abusive practices that affect wholesale energy markets and provides for the monitoring of these markets at the local level. Approval of this regulation proves the importance that the Regulatory Entity of Albania (ERE) show to the competitive market, and the need to ensure the integrity of this market based on the Acquis of the European Union.
This Regulation creates a very important regulatory framework for the identification and penalization of market abuse in Albania and beyond. In this context, it is important to ensure that consumers and other market participants can have confidence in the integrity of electricity markets, that prices set on wholesale energy markets reflect a fair and competitive interplay between supply and demand, and that no profits can be drawn from market abuse
ERE and, where necessary, the national competition authority and other relevant national authorities, including the Albanian Power Exchange ALPEX Sh.a., cooperate to ensure a coordinated approach to the implementation of this Regulation.