Abstract
In this contribution I will look into the Dutch Title Transfer Facility (‘TTF’), the
largest marketplace for gas in Europe. The contribution analyses to what extent the
supervision of market abuse is keeping up with the TTF’s pace of growth. The
reason for this exploration is the current turbulence in the European gas market
due to the war in Ukraine. This war is one of the causes for the current high gas
prices in continental Europe. As an example, prices rose to EUR 340 MW/h on
26 August 2022 whilst they were around EUR 20 MW/h in early 2021. Another
reason for this exploration is that since the inception of REMIT in 2011, which created more attention for potential abuse in energy markets, the gas market has developed into a more financially driven market.
largest marketplace for gas in Europe. The contribution analyses to what extent the
supervision of market abuse is keeping up with the TTF’s pace of growth. The
reason for this exploration is the current turbulence in the European gas market
due to the war in Ukraine. This war is one of the causes for the current high gas
prices in continental Europe. As an example, prices rose to EUR 340 MW/h on
26 August 2022 whilst they were around EUR 20 MW/h in early 2021. Another
reason for this exploration is that since the inception of REMIT in 2011, which created more attention for potential abuse in energy markets, the gas market has developed into a more financially driven market.
| Original language | English |
|---|---|
| Title of host publication | Of swords and shields: Due process and crime control in times of globalization |
| Subtitle of host publication | Liber amicorum prof. dr. J.A.E. Vervaele |
| Editors | Michiel Luchtman |
| Publisher | Eleven International Publishing |
| Pages | 633-644 |
| Number of pages | 12 |
| ISBN (Electronic) | 9789400112247 |
| ISBN (Print) | 9789462363434 |
| Publication status | Published - Mar 2023 |
Publication series
| Name | Pompe Reeks |
|---|---|
| Publisher | Eleven Publishing |