EU energy regulator ACER, until now largely toothless, will be given legal powers to enforce plans for a single energy market that breaks down national barriers under a proposal from the bloc's executive arm.
At a conference on Thursday in Slovenia, where the Agency for the Cooperation of Energy Regulators is based, European Commission Vice President Maros Sefcovic and Energy Commissioner Miguel Arias Canete laid out their plans to bolster ACER.
Already next week in Brussels, the Commission will publish its thoughts on how to improve cross-border power and gas flows to try to bring down energy costs and curb the need for fossil fuels imported from nations such as Russia.
