Directive (EU) 2019/944 on common rules for the internal market for electricity, Directive 2012/27/EU and the Regulation (EU) 2019/943 on the internal market for electricity are all set to change the face of the EU energy markets.
EU 2019/944 will determine the rules shaping a new common electricity market within the EU, encouraging member states to support cross-border trade in electricity, facilitate consumer participation, sustain investments in flexible energy generation — including storage and electro-mobility — and improve interconnections among different national energy systems.
The provisions also require, among other things, electricity markets to be competitive and consumer-centred, while ensuring that electricity customers are free to purchase power from the supplier of their choice.
Regulation (EU) 2019/943 aims to set the ground rules for the future common electricity market, describing how a fair cross-border exchange in electricity should be conducted, while also setting the basic rules to encourage free price formation and more flexible generation and demand.
Central to the directive is the belief that it should “deliver appropriate investment incentives for generation, in particular for long-term investments in a decarbonised and sustainable electricity system, energy storage, energy efficiency and demand response to meet market needs.”
Listen to the webinar, and join us as we explore the energy transition in Europe and how these directives are enabling a new energy dynamic.
1. Roberto Zangrandi Secretary-General, E.DSO
2. Willem Strabbing, Managing Director, ESMIG
3. Laurent Schmitt, Secretary-General, ENTSO-E