Regulating Germany

Matthias Kurth was appointed Germany's first energy regulator in June of this year. The decisions he makes as the new Federal Network Agency president will be felt throughout European energy markets. He speaks to Oliver Holtaway

Why did self-regulation fail?

The Associations' agreements underlying the system of negotiated third-party access constituted a compromise that was weak from the outset. The players involved were not really interested in achieving the objectives laid down. Hence negotiated third-party access - despite some useful approaches - never really had a chance to lead to market opening and effective competition.

Which issue needs to be tackled with the most urgency?

The prime objective is to

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