Legal Alert
Regulatory Overview of February 2023
- Category: Legal Alert
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Regulatory event
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Related article |
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Commission Delegated Regulation of 1.2.2023 amending the regulatory technical standards laid down in Delegated Regulation (EU) 2017/588 as regards the annual application date of the calculations of the average daily number of transactions for shares, depository receipts and exchange-traded funds for the purposes of the tick sizes (Text with EEA relevance), C(2023) 696 final |
MiFID II tick-size regime |
2 |
ACER publishes its latest report on how electricity network tariffs are set in Europe ACER Report, Analysis of the Consultation Document on the Gas Transmission Tariff Structure for Belgium ACER calls for improvements to the proposed Italian gas transmission tariffs |
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3 |
ACER publishes its first daily reference price related to the gas market correction mechanism (MCM) |
Gas target model |
4 | Commission approves €104 million Croatian scheme to support energy-intensive companies | CEEAG |
5 |
ACER’s policy paper on the further development of the EU electricity forward market |
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6 | Grant agreements signed with 16 innovative large-scale projects | Innovation Fund |
7 | Commission approves €1.36 billion Greek scheme to compensate energy-intensive companies for indirect emission costs | Carbon Leakage - EU ETS State Aid Rules |
8 |
TSOs submitted to ACER a proposal for the harmonised methodology for cross-zonal capacity allocation for the exchange of balancing capacity or sharing of reserves. |
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9 |
ENTSO-E publishes two (2) draft revised IGDs for consultation: - IGD on Compliance Verification - Using Electrical Simulation Models |
Network Code on Demand Connection (DCC) Network Code on High Voltage Direct Current Connections (HVDC) |
10 | IETA Publishes Trading Documents for Carbon Reductions and Removals | Land use, land-use change and forestry (LULUCF) |
11 |
ACER-CEER Reaction to the European Commission’s public consultation on electricity market design ENTSO-E's Response to the European Commission Public Consultation on Electricity Market Design |
Energy Package |
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Commission Delegated Regulation (EU) 2023/315 of 25 October 2022 amending the regulatory technical standards laid down in Delegated Regulations (EU) 2015/2205, (EU) No 2016/592 and (EU) 2016/1178 as regards the date at which the clearing obligation takes effect for certain types of contracts published in the EU Official Journal |
EMIR clearing obligation |
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Commission Delegated Regulation (EU) 2023/314 of 25 October 2022 amending the regulatory technical standards laid down in Delegated Regulation (EU) 2016/2251 as regards the date of application of certain risk management procedures for the exchange of collateral published in the EU Official Journal |
Collateral requirements under EMIR |
14 |
Commission Delegated Regulation (EU) 2023/363 of 31 October 2022 amending and correcting the regulatory technical standards laid down in Delegated Regulation (EU) 2022/1288 as regards the content and presentation of information in relation to disclosures in pre-contractual documents and periodic reports for financial products investing in environmentally sustainable economic activities published in the EU Official Journal |
SFDR |
15 |
Commission approves €460 million Spanish measure to support ArcelorMittal decarbonise its steel production Commission approves €55 million German measure to support ArcelorMittal's green steel demonstration plant Commission approves €170 million Danish scheme to support renewable hydrogen production |
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16 |
ENTSO-E consultation - Nordic TSOs' methodology for sharing and exchange limits of FRR/RR (amended) |
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17 |
Judgment of the General Court (Second Chamber, Extended Composition) of 15 February 2023. Austrian Power Grid AG and Others v European Union Agency for the Cooperation of Energy Regulators, Case T‑606/20 Judgment of the General Court (Second Chamber, Extended Composition) of 15 February 2023. Austrian Power Grid AG and Others v European Union Agency for the Cooperation of Energy Regulators, Case T‑607/20 |
Frequency Restoration Reserve (FRR) |
18 |
Amendment proposal on Art. 15(1) of CCR Hansa ID/DA Capacity Calculation Methodology |
Cross-zonal capacity |
19 |
Public consultation on the update of ACER cross-border cost allocation (CBCA) Recommendation (PC_2023_EG_03) |
Regulation on Trans-European Energy Networks (TEN-E Regulation) |