ACER and CEER, representing Europe’s energy regulators, welcome the “new Clean Energy for All Europeans” proposals adopted today by the European Commission. The Commission’s proposals will be publicly discussed at our dedicated conference on the new energy market design for the clean energy transition (23-24 January, 2017).
On 15 November the Agency released its Report to the European Commission on the implementation of the Inter-Transmission System Operator Compensation (ITC) mechanism in 2015.
Today ACER has issued a Decision on the electricity Transmission System Operators’ proposal for the determination of the Capacity Calculation Regions (CCRs Proposal) in accordance with Article 9(11) of EU Regulation 2015/1222 on Capacity Allocation and Congestion Management (CACM Regulation) and Article 8(1) of Regulation (EC) No 713/2009 (the Agency’s Founding Regulation). In this context, ACER confirms also the TSOs’ proposal to create a new bidding zone border between Germany and Austria.
ACER publishes today a Recommendation on the common capacity calculation and redispatching and countertrading cost sharing methodologies. This Recommendation establishes a set of high-level principles that aim to ensure that cross-zonal exchanges are not unduly discriminated against internal exchanges.
Many EU energy consumers are finally beginning to reap the benefits of the single energy market in terms of lower prices. The average household gas bill decreased by 4.2% in 2015, compared to the previous year, according to the latest Market Monitoring Report presented today in Brussels by the EU Agency for the Cooperation of Energy Regulators (ACER) and the Council of European Energy Regulators (CEER). The downward trend of wholesale prices observed in many countries over the last few years is finally reflected in the energy bills of industrial customers and in the gas bills of domestic consumers, but not for electricity households.
The Agency publishes today its first Report on the implementation of the Balancing Network Code (‘Code’). The Report describes the status of the implementation and application of the Code across the EU Member States. The Code is applicable since 1 October 2015.The Report’s main objective is to assess progress in the Code implementation and the effectiveness of the balancing regimes, based on the best information available to the Agency during the compilation of this Report.
One year after the application date of the Network Code on Capacity Allocation Mechanisms (NC CAM), the Agency publishes today an Implementation Monitoring Report in which it presents the achievements as well as shortcomings and delays in the implementation process of the NC CAM. The Agency urges Transmission System Operators (TSOs) and National Regulatory Authorities (NRAs) to promptly implement all the remaining provisions of the EU legislation, giving priority to capacity bundling, virtual interconnection points and capacity maximisation.
On 9 November (10.00-16.30), ACER and the European Network of Transport System Operators for Gas (ENTSOG) will organise their second joint workshop on the Gas Balancing Network code implementation. The event will be held in Warsaw at the premises of URE, the Polish National Regulatory Authority at Al. Jerozolimskie 181.
ACER invites gas companies to participate in an e-survey with the aim of identifying barriers faced by market participants in the gas wholesale markets in the European Union Member States.The Agency has commissioned Kantor Management Consultants to carry out a study on barriersin wholesale gas markets in the European Union. The study’s findings will be included in ACER’s Market Monitoring Report, which will also make recommendations for overcoming the identified barriers.An important part of this study involves launching an e-survey addressed to market players involved in gas wholesale trading activities across the EU.
The Agency completed on 7 October 2016 one full year of data collection under the EU Regulation on Wholesale Energy Integrity and Transparency (REMIT). On this occasion the Agency is publishing the REMIT Annual Report 2016 for the Agency’s REMIT activities during 2015, as well as a new edition of the REMIT Quarterly, with the most recent updates on REMIT-related matters.
The Agency’s 2017 Programming Document, which includes the 2017 Work Programme was published today following its adoption last week by ACER’s Administrative Board. The document, which was approved by the Board of Regulators on 14 September, is now available online here.
The regional approach is an important component of the Energy Union Strategy. The implementation of the Third Energy Package envisages the establishment of new entities performing (new) monopoly or near monopoly functions. Some of these entities/functions have a clear EU-wide coverage (e.g. MCO function operator), while others have a regional scope (e.g. RSCs in electricity; and capacity allocation platforms in gas) with a potential to grow into EU-wide entities.
ACER published today its second consolidated annual report on the progress of Projects of Common Interest (PCIs) in electricity and gas. The report contains the results of the monitoring of the progress of the projects on the second EU list of PCIs adopted in November 2015, for the 12-month period from January 2015 to January 2016.
Through the ACER Board of Regulators, the national regulatory authorities and the Director have been working to enhance regulatory cooperation at the European level. The Agency and the National Regulatory Authorities (NRAs) have complementary duties and powers, and a shared responsibility to deliver a well-functioning internal energy market. Close cooperation is key to achieving this goal. Indeed, NRAs already commit the equivalent of roughly 200 full-time staff to supporting the work of the Agency and to cooperation within its structures.
The second phase of data collection under the EU Regulation on wholesale energy market integrity and transparency (REMIT) started on Thursday 7 April, when the system was opened for the registration of over-the-counter wholesale energy contracts, transportations contracts and additional fundamental data. Since then the Agency for the Cooperation of Energy Regulators (ACER) has received more than 28 million records of wholesale energy market transactions. The Agency, together with the National Regulatory Authorities from the 28 Member States, has been observing the progress of reporting parties in complying with their obligations.
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