New electricity rules in EU (towards clean energy for all Europeans)
On 1 January 2020, a new regulation entered in force to establish the fundamental principles for an new efficient electricity market, agreed under the Clean energy for all European’s package,
The new Electricity Regulation EU/2019/943 replaces the Electricity Regulation EC/714/2009.
This regulation allows better integration of national markets and increased capacity for cross-border trade, generating lower prices. It will also allow greater access to renewable energies, ensuring a better response to demand and storage, thus giving more power to consumers and a head start on the energy transition.
Besides, it includes rules for better coordination and closer cooperation between transmission system operators (TSO), improving the security of electricity supply.
Finally, it puts an end to state aid which supports a new generation of polluting electricity, thereby making concrete progress towards decarbonisation.
Source: https://ec.europa.eu/