Scope of monitoring
Regulation (EC) No 714/2009 and FCA Regulation task the Agency and ENTSO-E to monitor the implementation of FCA Regulation.
The purpose of these tasks is generally twofold. First, the Agency and ENTSO-E should monitor the effectiveness in the implementation of FCA Regulation in terms of implementation of the requirements and provisions by TSOs. Second, once the specific requirements of FCA Regulation have been implemented, ENTSO-E and the Agency should monitor the effect of the FCA Regulation on the efficiency of forward capacity allocation and the functioning of electricity market in general.
Both aspects are addressed in different monitoring reports issued by the Agency and ENTSO-E.