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Changes between two versions

What changed between the draft committee report and the plenary report

From · draft committee report· 12 May 2023

ITRE-PR-747031

on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market

To · plenary report· 8 Sept 2023

A-9-2023-0261

on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market

These two texts have too little in common to compare paragraph by paragraph: they are different documents rather than versions of one (for example one group’s motion and the joint text that was adopted).

+473 added · −248 removed · 5 changed paragraphs, packaging included.

Part 13 of 14: Paragraphs 721–739

Added:(20b) the following article is inserted:

Added:“Article 21a

Added:Report and review

Added:By 1 June 2027, and every five years thereafter, the Commission, in consultation with relevant stakeholders, shall assess the application of this Regulation, in particular as regards its impact on market behaviour, market participants, liquidity, reporting requirements, including on LNG market data and the level of administrative burden for market participants, including the potential barriers to entry for new market participants, as well as the Agency’s performance in relation to its objectives, mandate and tasks. On the basis of those assessments, the Commission shall draw up a report and submit it without undue delay to the European Parliament and to the Council. The report shall be accompanied, where appropriate, by a legislative proposal. ”.

Added:Amendments to Regulation (EU) 2019/942

Added:Regulation (EU) 2019/942 is amended as follows:

Added:(1) in Article 6, paragraph 8 is deleted.

Added:(2) in Article 12, point (c) is replaced by the following:

Added:(c) Pursue and coordinate investigations pursuant to Articles 13, 13a, 13b and Article 16 of Regulation (EU) No 1227/2011.

Added:(2a) in Article 12, the following point is added:

Added:“(d) have the power to impose periodic penalty payments and fines for breaches referred to in Article 4a(1) to (4), Article 7c(1), Article 9a(1), (2) and (3), Article 13b(1) and (3), and, in accordance with Article 13(4), (4a) or (5) of Regulation (EU) No 1227/2011. ”;

Added:(3) in Article 32, paragraph 1 is replaced by the following:

Added:“1. Fees shall be due to ACER for collecting, handling, processing and analysing of information reported by market participants or by entities reporting on their behalf pursuant to Article 8 of Regulation (EU) No 1227/2011 and for disclosing inside information pursuant to Articles 4 and 4a of Regulation (EU) No 1227/2011. The fees shall be paid by registered reporting mechanisms and inside information platforms. Revenues from those fees may also cover the costs of ACER for exercising the supervision and investigation powers pursuant to Articles 13, 13a, 13b and Article 16 Regulation (EU) No 1227/2011.”.

Added:▌

Added:This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

Added:This Regulation shall be binding in its entirety and directly applicable in all Member States.

Added:Done at ▌,

Added:For the European Parliament For the Council

Added:The President The President