Market Monitoring Report at a glance
The EU Agency for the Cooperation of Energy Regulators (ACER) and the Council of European Energy Regulators (CEER) in cooperation with the Energy Community produce the Market Monitoring Report (MMR).
The Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets (called MMR) normally consists of three volumes: the Electricity Wholesale Market; the Gas Wholesale Market; and Energy Retail and Consumer Protection.
However, in 2022, ACER publishes a series of brief overviews on Wholesale Electricity Markets in 2021 as opposed to a single report, and for the first time, a new Decarbonised Gases Volume.
The Gas Wholesale Volume published in July 2022 provides an overview of the status of the European gas wholesale markets in 2021 and the first half of 2022.
The Decarbonised Gases Volume describes the current state of EU decarbonised gases and hydrogen, and examines the regulatory provisions and market context that may drive their evolution in the mid-term.
The Energy Retail and Consumer Protection Volume released in October 2022 provides an overview of retail energy market developments in 2021 and also includes some recent pricing information for 2022.
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Electricity Wholesale Market Volume
The Electricity Wholesale Market Volume looks at the performance of European Union (EU) electricity markets, with a focus on cross-border issues.
In 2022, ACER will not publish a single report gathering all monitored aspects of the Wholesale Electricity Markets in 2021 but a series of brief overviews.
Gas Wholesale Markets Volume
ACER published two separate gas volumes of the Market Monitoring Report (MMR) in 2022 - Tha Gas Wholesale Market Volume and The Decarbonised Gases Volume.
The Gas Wholesale Market Volume provides an overview of gas markets functioning in 2021 and the first half of 2022 and the trajectory towards an internal gas market. It looks at:
- Gas market developments and the drivers of the unprecedented gas price rise;
- The level of competition and gas market functioning;
- The positive effect on markets of implementation of the gas Network Codes.
Energy Retail and Consumer Protection Volume
This year’sEnergy Retail and Consumer Protection Volume looks at developments in Europe’s energy retail markets and outlines the status regarding consumer protection measures in 2021. Given the significance of the current energy crisis in Europe, the Volume also includes some recent pricing information for 2022 which has been prepared by VaasaETT.
The Volume consists of three key chapters and includes information on the following:
- the performance of European energy markets from the perspective of the final consume;
- level of supplier activity in EU retail energy markets;
- switching rates by energy consumers in the EU;
- status regarding the availability of quality comparison tools;
- status regarding the roll out of smart meters in 2021;
- the evolution of retail electricity and gas prices, for both household and industrial consumers in EU Members States, Norway and the Energy Community Contracting Parties;
- the compliance of energy bills with EU law and energy bill breakdown across the EU Member States, Norway, and the Energy Community Contracting Parties;
- the relationship between the wholesale energy price and the energy component of the retail price for households;
- information on the existence of consumer protection mechanisms and; and
- complaint processes available to energy consumers and list of items the consumers complain about.
The Decarbonised Gases Volume
The Decarbonised Gases Volume looks at the current state of decarbonisation of the EU gas systems and their mid-term trajectoryand their trajectory frombetween now until and 2050. In particular, it analyses:
- Renewable and low carbon gases production, consumption, price levels and their mid-term prospects;
- Key regulatory provisions that will govern the access of decarbonised gases to the market;
- Infrastructure expansion required to facilitate the use of decarbonised gases and hydrogen.
Consumer Protection and Empowerment Volume
The Consumer Protection and Empowerment volume looked at the performance of European energy markets from the final household consumer perspective. The volume explored the impact of the Third Energy Package provisions into national legislation. It analysed in depth public service obligations, the protection of vulnerable consumers, consumer information rights, smart meters and consumer complaints. The report also elaborated on the existence and effectiveness of consumer protection mechanisms and included a set of recommendations on how to further enhance consumer rights.
From 2019 edition this publication is titled Energy Retail and Consumer Protection Volume and integrate the previously separate Consumer Protection and Electricity and Gas Retail Markets Volumes.