On Tuesday 28 November, the European Commission proposed extending by 12 months the emergency measures implemented last year in response to the energy crisis triggered by Russia’s invasion of Ukraine.
“While the situation on the European energy market is more secure than 12 months ago, the Commission is proposing this extension to further enhance security of gas supply and strengthen market resilience”, says a European Commission press release.
The institution is therefore proposing to extend three measures: the gas solidarity measures (see EUROPE 13261/7), which expire on 30 December 2023, the market correction mechanism (MCM) (see EUROPE 13090/29), which expires on 1 February 2024, and the rules for accelerating permit-granting for renewable energy projects, which expire on 30 June 2024 (see EUROPE 13088/5).
The extension now requires the approval of the EU Council, in accordance with the procedure set out in Article 122 of the Treaty on the Functioning of the EU (TFEU). The European Parliament only has a consultative role on these issues.
To see the proposed extensions: https://aeur.eu/f/9ti ; https://aeur.eu/f/9th ; https://aeur.eu/f/9tj (Original version in French by Pauline Denys)