Regulation & Policy

For ease of reference, S.and D. correspond to the Sections and Dossiers of the Quarterly

CEER’s President Lord Mogg speaks against MiFID II

S.2. Internal Energy Market

D.2.5. Regulation on Energy Market Integrity and Transparency

Wednesday, April 29, 2015
CEER President Lord Mogg urged the participants of the Platts’s European Power Summit in London to lobby their Ministers to block the upcoming MiFID II negotiations in Council. Indeed, the co-legislators are to examine the revision of the Markets in Financial Instruments Directive (MiFID II), which ...

Regulators of the CWE region approve flow-based market coupling

S.2.3. Regional Initiatives

D.2.3. Regional Initiatives

Thursday, April 23, 2015
The NRAs of the CWE region (i.e., Austria, Belgium, France, Germany, Luxembourg and the Netherlands) have approved the flow-based market coupling method, which they will start to apply on 19 May 2015, with the first day of trading planned on 20 May 2015 and the ...

Plan to earmark €5 billion for energy efficiency shot down

S.3. Energy Infrastructure

D.3.5. The European Fund for Strategic Investment

Tuesday, April 21, 2015
The ITRE Committee last week (see news of 14 April 2015: “ITRE Committee agrees on reserving funds for energy efficiency”) had agreed to set aside €5 billion from the EFSI for energy efficiency investments. The measure has however now been removed from the general EP position ...

EC brings final close to Greek monopoly case

S.10.2. Competition Law

D.10.2. Competition Law

Friday, April 17, 2015
Margrethe Vestager, the EU Commissioner for Competition, has written a letter on behalf of the college of Commissioners to close the monopolisation case of the main Greek electricity supplier, the Public Power Corporation S.A. (PPC). Even though the liberalisation of the Greek electricity market started ...

Merger of EPEX Spot and APX Group power exchanges

S.2.3. Regional Initiatives

D.2.3. Regional Initiatives

Friday, April 17, 2015
The German power exchange, EPEX Spot, and the Anglo-Dutch power exchange, APX, announced their plans to merge their activities in the UK and Central Western Europe. The merger will enable “one-stop-shop” power trading in seven European countries, namely Austria, Belgium, France, Germany, The Netherlands, Switzerland ...

Energy traders and regulators warn EC against negative impact of MiFID II on Europe’s energy markets

S.2.1. Third Energy Package

D.2.5. Regulation on Energy Market Integrity and Transparency

Friday, April 17, 2015
The European Federation of Energy Traders (EFET) and the Council of European Energy Regulators (CEER) have issued very similar statements regarding ESMA’s (the European Securities and Market Authority) Technical Advice to the EC concerning the Markets in Financial Instruments Directive (MiFID II). ESMA was tasked by ...

Electricity market discussed at Informal Energy Council

S.1. Energy Strategies

D.1.3. EU Energy Union

Thursday, April 16, 2015
The EU Energy Ministers met in Riga, Latvia to discuss regional cooperation in the energy sector. EU Commissioner for Climate and Energy, Mr. Arias Caňete, who attended the meeting, stated during the follow-up press conference that the EC had pledged to work closely with EU ...

ITRE Committee agrees on reserving funds for energy efficiency

S.3. Energy Infrastructure

D.3.5. The European Fund for Strategic Investment

Tuesday, April 14, 2015
In stark contrast to general expectations (see news from 9 April 2015 “EFSI not to reserve a fixed amount for energy efficiency”), the ITRE Committee has voted in favour of reserving a €5 billion fixed sum from the EFSI for energy efficiency. This comes as ...