In order to establish the internal energy market and ensure that it works as efficiently as possible, the EU requires a coordinated policy framework. While there are a range of stand-alone regulations and directives covering different aspects of the EU energy market, the most significant changes to EU market rules in recent years have come through packages, which involve a far-reaching and consistent update of legislation – notably packages centred around updating the common rules for the internal market in electricity directive.
Electricity market design
Given the significant changes in the EU electricity market since 2009, the Commission targeted a number of important changes in the Clean energy for all Europeans package to make the electricity market design fit for the clean energy transition.
By recasting the Electricity Directive 2009/72/EC and the Electricity Regulation (EC)714/2009, by introducing a new risk preparedness regulation and by enhancing the role of the Agency for the Cooperation of Energy Regulators (ACER), the design of the EU electricity market has been updated to reflect the priorities of the energy union and in a way which will encourage the necessary public and private investment in the years ahead based on market signals.
The third energy package
The third energy package, which entered into force in September 2009, consists of a number of important pieces of legislation for completing the internal energy market. It includes rules on the separation of energy supply and generation from the operation of transmission networks (unbundling), the independence of national energy regulators, and retail markets. It also established the Agency for the Cooperation of Energy Regulators (ACER) to help national regulators work together, subsequently updated.
- Impact assessment on the revised rules for the electricity market, risk preparedness and ACER | Annexes (2016)
- Evaluation of the electricity market design and security of supply: Part 1| Part 2 | Executive summary (2016)
- Commission Communication: Public consultation on energy market design (2015)
- Report on the progress towards completing the Internal Energy Market [COM(2014) 634]
- Ownership unbundling: assessing conflicts of interests [SWD(2013) 177]
- Conditions for access to the network for cross-border exchanges in electricity [SEC(2009) 642]
- Delivering the internal electricity market and making the most of public intervention [COM(2013) 7243]
- Energy union
- Agency for the Cooperation of Energy Regulators (ACER)
- Energy consumer rights
- Study: The future electricity intraday market design (February 2019)
- Proposal for a revised electricity Regulation (COM(2016) 861 final/2)
- Proposal for a revised electricity Directive (COM(2016) 864 final/2)
- Proposal for a revised regulation on a European Agency for the Cooperation of Energy Regulators (ACER) (COM(2016) 863 final/2)
- Proposal for a new regulation on risk preparedness in the electricity sector (COM(2016) 862 final)
- Regulation on risk-preparedness in the electricity sector (EU) 2019/941
- Regulation establishing a European Union Agency for the Cooperation of Energy Regulators (EU) 2019/942
- Regulation on the internal market for electricity (EU) 2019/943
- Directive on common rules for the internal market for electricity (EU) 2019/944