European Court Defends Right Of Legal Recourse For Gas Traders
- 20 Mar 2015 8:00 AM
In the case, the local unit of German utilities giant E.ON challenged a resolution by the Hungarian Energy and Utilities Regulatory Authority instructing transmission system operator FGSZ Földgázszállító to modify its rules of trade and operation to create a more level playing field on the deregulated gas market.
FGSZ had turned to the authority for guidance after E.ON made requests for a large volume of capacity, prompting a rethink of its mandate to ensure access to all market players free of discrimination.
The Hungarian court ruled that E.ON could not challenge a resolution that was addressed to FGSZ, not itself. But the European Court said prohibiting E.ON from challenging the resolution went against the EU principle of effective judicial protection.
Source www.hungarymatters.hu
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