To more effectively monitor energy wholesale markets, the European regulatory agency ACER (Agency for the Cooperation of Energy Regulators) is granted additional powers. Yesterday, the Council and Parliament reached a provisional position on the REMIT (Regulation on Wholesale Energy Market Integrity and Transparency) as part of the electricity market reform. For the first time, ACER will have enforcement powers in specific areas, stated rapporteur Maria da Graça Carvalho (EPP) after the final trilogue session.