Energy Corporations and Their Information Duties Towards State Authorities

Abstract

This article identifies the statutory obligations, according to which energy corporations must disclose any information that national authorities and the European Commission deem relevant to their duties under European Law. It then specifies the protection of commercially sensitive information under European Energy Law and Law on Trade Secrets along with the mechanisms that transform this protection from paper into reality. It establishes that the Law on Trade Secrets can be used to draw the line at the authorities’ powers. This is significant, as the information that can be requested by the authorities can, and usually does, contain invaluable information, to the dismay of energy corporations electricity, natural gas, hydrocarbons, data, information, commercially sensitive information, trade secrets