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.
Sign up for our
Subscribe to our
Agency for the Cooperation
of the Energy Regulators
Trg republike 3
1000 Ljubljana, Slovenia
tel. +386 (0) 8 205 34 00
fax +386 (0) 8 205 34 13
Comments and feedback
© Agency for the Cooperation of Energy Regulators, 2012.