Energy News – 56th Issue
ENERGY MARKETS
EnC: Latest decisions of the Energy Community Secretariat
On 14 December 2017, during the 15th Ministerial Council of the Energy Community, the Contracting Parties (CPs) adopted the Recommendation 2018/1/MC-EnC on the development of integrated National Energy and Climate Plans (NECPs) (“Recommendation”) that were proposed by the European Commission. The aim of this Recommendation is to encourage the CPs to prepare integrated NECPs as well as to promote regional cooperation between neighboring CPs. Another important novelty is the adoption of the Energy Community Parliamentary Plenum Preliminary Rules of Procedure (“Rules”)…
ELECTRICITY
Albania: Further Reform of the Electricity Market
On 18 December 2017, ERE issued Decision No 207 on approving the Regulation on the quality of supply and network security performance in the energy transmission system. On 28 December 2017, ERE also approved the Rules of the Albanian electrical energy market and participation Agreement in the Albanian Energy Stock Exchange (Decision No. 214), which will enter into force upon application of the Market Model, upon the Albanian Energy Stock Exchange starts to operate…
Bulgaria: Determination of the Marginal Price for Transactions on the Energy Balancing Market
By Decision ʋ C-40 as of 29 December 2017, the Energy and Water Regulatory Commission (the Commission), determined the marginal price for transactions of balancing energy market. The Commission and the Independent Bulgarian energy Exchange EAD adopted amendments into the Rules for operation of the Centralized Market for Sale/Purchase of Electricity through Bilateral Contracts (OTC)…
OIL & GAS
EU: Case C-226/16 – Judgment in Eni Case – Security of Supply
On 20 December 2017, the Court of Justice issued a judgment following a request by Eni SpA, Eni Gas & Power France SA and Union professionnelle des industries privées du gaz (Uprigaz) for a preliminary ruling regarding the interpretation of Article 8(2) and (5) of European Regulation No 994/2010 of the European Parliament and of the Council of 20 October 2010 concerning measures to safeguard security of gas supply and repealing Council Directive 2004/67/EC. They claimed that the said Decree infringes Regulation No 994/2010, as it improperly extends the
definition of “protected customers”…
Download: ROKAS_Energy_Newsflash_January_2018