The EU network codes and guidelines for electricity, first introduced in the Third Energy Package, are designed to enable the implementation of an EU internal electricity market. These codes and guidelines aim to regulate the grid operation and trading rules which govern all cross-border electricity market transactions and system operations in the internal energy market. However, these rules present complex legal challenges, in particular the terms, conditions, and methodologies that are attached to the implementation of the guidelines. This text is intended as an introductory guide to some of the legal issues surrounding the drafting, implementation and amendment procedures of these network codes and guidelines.
The last five years have witnessed fundamental transformations which have created a new context that requires recalibrating EU transport policy and regulation: new mobility patterns after COVID; geostrategic shocks in [...]
Following the EMD reform of 2024, the Commission is tasked to publish a report on the ‘possibilities of streamlining and simplifying the process of applying for a capacity mechanism’ by [...]
Capacity mechanisms are gaining momentum in Europe, and the latest EU electricity market reform further reinforces their role. The negative externalities exerted by these national mechanisms in interconnected zones might, [...]
The European Commission has confirmed plans to enshrine a 90% greenhouse gas (GHG) reduction target by 2040 into law, in line with the European Climate Law’s goal of achieving climate [...]
With 2023 being the hottest year documented and global emissions remaining at record-high levels, we are reminded about the importance of translating climate commitments into effective policies – across both [...]
This report summarises the insights collected during the workshop on “The role of carbon markets in reaching carbon neutrality”, which took place in June 2024. This workshop was part of [...]
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