Legal Alert
Regulatory Overview of August 2023
- Category: Legal Alert
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Regulatory event
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Related article |
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The opening of the public feedback period on Commission Implementing Regulation laying down rules for the application of Directive 2003/87/EC of the European Parliament and of the Council as regards the content and format of climate-neutrality plans needed for granting free allocation of emission allowances, Ref. Ares(2023)5412396 |
EU ETS Directive |
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Commission Delegated Regulation of 31 July 2023 supplementing Directive 2013/34/EU of the European Parliament and of the Council as regards sustainability reporting standards, C(2023) 5303 final |
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Call for evidence – report on the opening up of renewable energy support schemes, Ref. Ares(2023)5296450 |
Renewable Energy Sources (RES) |
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Call for evidence, REPowering the EU with Hydrogen Valleys (roadmap) |
Hydrogen use in the energy sector |
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The opening of the public feedback period on Commission Delegated Regulation supplementing Directive 2003/87/EC of the European Parliament and of the Council by laying down rules on the timing, administration and other aspects of auctioning of greenhouse gas emission allowances, Ref. Ares(2023)5241866 |
EU ETS Auctioning Regulation |
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The opening of the public feedback period on Commission Delegated Regulation amending Delegated Regulation (EU) 2019/1122 supplementing Directive 2003/87/EC of the European Parliament and of the Council as regards the functioning of the Union Registry, Ref. Ares(2023)5295500 Commission Delegated Regulation (EU) 2023/1642 of 14 June 2023 amending Delegated Regulation (EU) 2019/1122 as regards the modernisation of the functioning of the Union Registry published in the EU Official Journal |
EU ETS Registry Regulation - more than just technicalities |
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The opening of the public feedback period on Commission Implementing Regulation amending Implementing Regulation (EU) 2020/1001 laying down detailed rules for the application of Directive 2003/87/EC of the European Parliament and of the Council as regards the operation of the Modernisation Fund supporting investments to modernise the energy systems and to improve energy efficiency of certain Member States, Ref. Ares(2023)5328041 |
Modernisation Fund |
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The opening of the public feedback period on Commission Delegated Regulation amending Regulation (EU) 2015/757 of the European Parliament and of the Council as regards the rules for monitoring greenhouse gas emissions and other relevant information from maritime transport, Ref. Ares(2023)5359349 The opening of the public feedback period on Commission Delegated Regulation on the verification activities, accreditation of verifiers and approval of monitoring plans by administering authorities pursuant to Regulation (EU) 2015/757 of the European Parliament and of the Council on the monitoring, reporting and verification of greenhouse gas emissions from maritime transport, and repealing Delegated Regulation (EU) 2016/2072, Ref. Ares(2023)5415459 The opening of the public feedback period on Commission Delegated Regulation on laying down rules for the application of Regulation (EU) 2015/757 of the European Parliament and of the Council as regards templates for monitoring plans, emissions reports, partial emissions reports, documents of compliance, and reports at company level, and repealing Implementing Regulation (EU) 2016/1927, Ref. Ares(2023)5408041 The opening of the public feedback period on Commission Delegated Regulation supplementing Regulation (EU) 2015/757 of the European Parliament and of the Council as regards the rules for reporting and submission of the aggregated emissions data at company level, Ref. Ares(2023)5388275 The European Commission welcomes the agreement reached on July 7 at the International Maritime Organization (IMO) to revise its 2018 strategy on reducing greenhouse gas (GHG) emissions from ships. |
Maritime emissions in the EU ETS |
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Guidelines on MiFID II product governance requirements, ESMA35-43-3448 |
Product governance requirements under MiFID II |
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ESMA publishes data for quarterly bond liquidity assessment, the systematic internaliser calculations and the CTP calculations |
Consolidated Tape Provider (CTP)
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EU invests €3.6 billion of emissions trading revenues in innovative clean tech projects - the European Commission pre-selected 41 innovative, large-scale, clean tech projects for grants worth over € 3.6 billion from the Innovation Fund |
Innovation Fund |
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Commission adopts detailed reporting rules for the Carbon Border Adjustment Mechanism's transitional phase Commission Implementing Regulation (EU) of 17.8.2023 laying down the rules for the application of Regulation (EU) 2023/956 of the European Parliament and of the Council as regards reporting obligations for the purposes of the carbon border adjustment mechanism during the transitional period, C(2023) 5512 final European Commission guidance documents, to help navigate the transitional period (1 October 2023 – 31 December 2025):
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Carbon Border Adjustment Mechanism (CBAM) |
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Commission Delegated Regulation (EU) 2023/1640 of 5 June 2023 on the methodology to determine the share of biofuel and biogas for transport, produced from biomass being processed with fossil fuels in a common process published in the EU Official Journal |
Biomass |
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ACER Public Consultation on the ACER Decision on harmonised allocation rules for long-term electricity transmission rights, PC_2023_E_05 |
Forward Capacity Harmonised Allocation Rules (HAR) |