EU’s antitrust regulator fines Romania’s only power-exchange
The European Union antitrust regulator fined Europe’s two biggest electricity exchanges for near-term delivery as well as Romania’s only power-exchange.
Romania’s power-exchange operator, Opcom SA, was penalized 1 million euros for imposing restrictions on foreign entrants to the country’s wholesale electricity market, the EU said. Between 2008 and 2013, Opcom required members of the spot electricity markets to have a Romanian value-added tax registration, refusing to accept traders that were already registered for VAT in other EU countries, the EU said reports Bloomberg.
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