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Europe Daily Bulletin No. 13463

30 July 2024
Contents Publication in full By article 3 / 22
SECTORAL POLICIES / Energy
Compensation for grid operators to cover losses from cross-border transit flows increased in 2022, according to ACER
Brussels, 29/07/2024 (Agence Europe)

On Friday 26 July, in its 2022 annual monitoring report on the ITC mechanism, the Agency for the Cooperation of Energy Regulators (ACER) highlighted an increase in compensation for transmission system operators covering losses due to cross-border transit flows.

The ITC mechanism aims to ensure fair compensation between transmission system operators (TSOs) for hosting cross-border electricity flows on their networks.

The ITC fund, set up by the European Network of Transmission System...

Contents

SECTORAL POLICIES
FISHERIES: imbalance between fishing opportunities and fleet capacity has undermined positive effects of ‘Mediterranean plan’, according to European Commission
RESEARCH: European Commission adopts investment guidelines for ‘New European Bauhaus’
ENERGY: compensation for grid operators to cover losses from cross-border transit flows increased in 2022, according to ACER
DIGITAL: European elections avoided pitfall of massive online disinformation, according to EDPB report
ECONOMY - FINANCE - BUSINESS
TAXATION: G20 ministers pledge to work together “to ensure that ultra-high-net-worth individuals are effectively taxed”
STATE AID: European Commission opens in-depth investigation into German aid of €321.2 million for Condor
STATE AID: green light for €998 million Dutch state aid scheme to support renewable hydrogen production
STATE AID: European Commission approves Dutch aid for production of renewable hydrogen using an alkaline electrolyser
COURT OF JUSTICE OF THE EU
SOCIAL: Member State may not unilaterally extend period of residence required for third country national to qualify for minimum social benefits
ENVIRONMENT: wolf cannot be designated as huntable at regional level if its conservation status at national level is unfavourable, according to Court
JUSTICE: EU Court of Justice clarifies conditions for executing British arrest warrants post-Brexit
TOURISM: European Court of Justice has ruled that traveller can be reimbursed after cancelling trip due to exceptional circumstances
EXTERNAL ACTION
ASIA: Josep Borrell encourages investment in connectivity with nations of South-East Asia “instead of in conflicts”
ACP: EU and ‘Africa-Caribbean-Pacific’ group countries support Antigua and Barbuda Agenda for small island developing States
TRADE: EU should capitalise on its comparative advantage in trade in services, says ECIPE
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
RULE OF LAW: Giorgia Meloni criticises European Commission’s assessment in its annual Rule of Law Report
SPORT
SPORT: European Commission and European Olympic Committees sign an agreement to promote European and Olympic values
SPORT: sector employed 1.55 million people in European Union in 2023, according to Eurostat
NEWS BRIEFS
EUROPEAN COMMISSION : Viktor Orbán appoints Oliver Várhelyi to second term as European Commissioner 
MIDDLE EAST: Mr Borrell condemns deadly strike on a football pitch in Golan Heights
CSDP: Rear Admiral Massimo Bonu appointed EU Force Commander for Operation EUNAVFOR Aspides
TAIWAN: EU challenges Taipei at WTO over discrimination in wind farm projects