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Analysis of the Report from the Commission to the European Parliament and the Council on the review of the emergency interventions to address high energy prices in accordance with Council Regulation (EU) 2022/1854
The European Commission has presented the report entitled "Report from the Commission to the European Parliament and the Council on the review of the emergency interventions to address high energy prices in accordance with Council Regulation (EU) 2022/1854" in which it questions the extension of the exceptional measures introduced on October 6, 2022.
The report examines the provisions of Chapter II of Regulation 2022/1854 in accordance with Article 20(1) of that Regulation (Council Regulation). It is based on information provided by twenty-five Member States in accordance with Article 19 of the Council Regulation, as well as responses to some of the questions raised by the European Commission itself in the public consultation, for its proposal on the reform of the electricity market configuration.
In this Alert we will detail how the market has changed and the measures that were introduced, as well as the situation why it is not considered necessary to prolong them.