Reuters: Planned EU power, gas price data seen to hurt pricing agencies

Europe's power and gas pricing agencies, already under scrutiny on fears their data is vulnerable to market manipulation, are also at risk of losing business once regulators start collecting prices and plan to publish indexes next year.

Under new European Commission rules, companies will from next year have to report all trades in the EU's 1 trillion euro ($1.4 trillion) a year wholesale power and gas market to the Agency for the Cooperation of Energy Regulators (ACER).

This data will then probably be published in the form of indexes, but ACER does not plan to compete with the business of energy pricing, ACER director Alberto Pototschnig told Reuters.
MORE