Legal Alert

  

ACER publishes the 26th edition of the Q&As on REMIT and an open letter on the extension of the possibility for market participants to publish inside information on their own corporate website as a backup solution until 31 December 2022

Related articles: 

Obligation to publish inside information under REMIT
Questions and Answers on REMIT

 

2021 Joint roundtable meeting of the ACER with AEMPs and Inside Information and Transparency Platforms. ACER:

  • starts investigating the issues of validation of reported data,
  • highlights most common errors,
  • explains responsibility for the Inside Information Platform failures, 
  • clarifies the population of the CEREMP’s field: “Place of publication of inside information” in the context of IIPs,
  • explains small market participants' status.

Related article: Obligation to publish inside information under REMIT


Questions and Answers on the Benchmarks Regulation (BMR), ESMA70-145-114, Version 22, updated

Related article: EU Climate Benchmark

 

ACER Decision No 15/2021 of 29 November 2021 on the TSOs’ proposal for amendment of the harmonised allocation rules for long-term transmission rights

Related article: Forward Capacity Harmonised Allocation Rules (HAR)

 

Redispatching Arrangements in Europe against the Background of the Clean Energy Package Requirements, CEER Report, Future Policy Work Stream of Electricity Working Group, Ref: C21-FP-52-03 

Related article: Redispatching 

 

Commission Delegated Regulation supplementing Regulation (EU) 2021/1153 of the European Parliament and of the Council with regard to the specific selection criteria and the details of the process for selecting cross-border projects in the field of renewable energy was adopted by the European Commission, C(2021) 9875 final

Related article: Renewable Energy Sources

 

The opening of the public feedback period on Commission Implementing Regulation (EU) amending Implementing Regulation (EU) 2018/2066 of 19 December 2018 on the monitoring and reporting of greenhouse gas emissions pursuant to Directive 2003/87/EC of the European Parliament and of the Council - amends Article 38 of the MRR regarding the timing for applying certain rules on the monitoring and reporting of emissions and in particular the zero-rating of emissions from the combustion of sustainable biomass

Related articles: 

EU ETS Monitoring and Reporting Regulation (MRR)

Biomass


European Commission awards 27 grants under the Innovation Fund

Related article: Innovation Fund


Modernisation Fund invests nearly €900 million during first year of operation

Related article: Modernisation Fund

 

Sustainable finance, financial and non-financial overview of corporate carbon reporting, AMF report 

Related article: Sustainable finance

 

Commission Delegated Regulation amending Annex VII to Directive (EU) 2018/2001 as regards a methodology for calculating the amount of renewable energy used for cooling and district cooling adopted by the European Commission

Related article: Directive on the promotion of the use of energy from renewable sources (RED)

 

EU Member States endorse agreement reached with European Parliament on DLT

Related article: Distributed ledger technology (DLT)

 

Monitoring of the Implementation of the Grid Connection Network Codes, An updated analysis following the publication of the Implementation Monitoring Reports, ACER

Related articles:

Network Code on Requirements for Grid Connection of Generators (NC RfG)

Network Code on Demand Connection (DCC)

Network Code on High Voltage Direct Current Connections (HVDC)

 

ACER first Implementation Monitoring Report on the Emergency and Restoration Network Code finds that while implementation of the electricity grid emergency and restoration rules are well on track, there is still not a complete and uniform EU-wide implementation

Related article:  Emergency and Restoration Network Code (NC ER)

 

2022 Update on Guidelines of Good Practice on Comparison Tools, Public Consultation, Customer Empowerment Work Stream of Customers and Retail Markets Working Group, Ref: C21-CEM-142-06 23-12-2021

Related article: Price Comparison Tools (PCTs)

 

2021 Joint roundtable meeting with AEMPs, OMPs and RRMs, ACER, Reference: RT-AEMP-OMP-RRM-2021

Related articles: 

Organised market place or organised market - OMP

Registered Reporting Mechanism (RRM)

 

ACER Recommendation on reasoned amendments to the Capacity Allocation and Congestion Management Regulation proposes changes to a wide range of topics, including:
• market coupling governance and operations,
• capacity calculation and bidding zone review,
• amendments to the SOGL.

Related articles: 

Regulation establishing a Guideline on Capacity Allocation and Congestion Management - CACM (Regulation on market coupling)

Network Code on System Operation

Market Coupling Operator (MCO) function

Nominated Electricity Market Operator (NEMO)

 

ESMA Questions and Answers on MiFID II and MiFIR investor protection and intermediaries topics, ESMA35-43-349 updated - the mere presence of a make-whole clause is not sufficient for a financial instrument to be exempt from the MiFID II product governance requirements.

Related article: Product governance requirements under MiFID II 

 

Late reporting issues explained by the ACER

Related article: REMIT reporting

 

Proposal for a Regulation of the European Parliament Parliament and of the Council on methane emissions reduction in the energy sector and amending Regulation (EU) 2019/942

Related article: Methane emissions