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Cross-border Capacity Markets give impetus to plans for pan-European energy governance

“Does an EU Member State trust that another Member State will not close its borders in an emergency?” That was how Florian Ermacora, head of wholesale markets at DG Energy’s electricity and gas unit, summed up a key question that arose again and again at Eurelectric’s March meeting on Capacity Markets and the Internal Energy Market.

“Is a contract between two countries respected when the system is under stress?”

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