ACER: Council Agrees Position to Update the Role of the EU Agency for the Cooperation of Energy Regulators

Politics » BULGARIA IN EU | June 11, 2018, Monday // 13:49
Bulgaria: ACER: Council Agrees Position to Update the Role of the EU Agency for the Cooperation of Energy Regulators

The Council today agreed its position (general approach) on a regulation to update the role of ACER, the EU Agency for the Cooperation of Energy Regulators. The agreement provides the Presidency with a mandate to start negotiations with the European Parliament.

The objective of the regulation is to improve collaboration between national electricity and gas regulators by updating the tasks of the agency. ACER is already active in the field of wholesale market supervision and helps address cross-border issues.

The Council of the EU, part “Energy”, agreed on a text for a general approach on the proposal for a revision of the regulation of the European Parliament and of the Council on the establishment of an EU Agency for the Cooperation of Energy Regulators. The proposal to revise the ACER regulation is the last legal act of Clean Energy for All Europeans Package, on which the Council has finally reached a general approach. ACER plays an important role in facilitating cooperation between national energy regulators. After intense negotiations, the agreement reached today is balanced, and offers us an excellent basis on which to begin talks with the European Parliament.

Temenuzhka Petkova, Minister of energy of Bulgaria

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