Regulation (EU) 2024/1747: what it means for Energy & Utilities

The Committee on Industry, Research and Energy adopted the report by Nicolás GONZÁLEZ CASARES (S&D, ES) on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) 2019/943 and (EU) 2019/942 as well as Directives (EU) 2018/2001 and (EU) 2019/944 to improve the Union’s electricity market design. The committee responsible recommended that the European Parliament's position adopted at first reading under the ordinary legislative procedure should amend the proposal as follows: The amended text stressed that a well-integrated market should enable the Union to reap the…

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Energy producers, suppliers and utilities operate under a fast-moving EU framework spanning the electricity market, renewables, carbon pricing and energy efficiency. These are the core acts.

Regulation (EU) 2024/1747 sits in that rulebook because its subject matter covers electricity market. Whether — and how — it applies to a given business depends on that business’s activities, products and markets.

• Regulation (EU) 2023/956 establishing a carbon border adjustment mechanism32023R0956
• Directive (EU) 2023/1791 on energy efficiency (recast)32023L1791
• Directive (EU) 2018/2002 (Text with EEA relevance.)32018L2002
• Directive (EU) 2019/944 on common rules for the internal market for electricity (Text with EEA relevance.)32019L0944

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The act’s summary is the European Parliament’s own procedure record; the sector connection is the act’s stated subject matter. Lex shows the law and the grounded connection — not legal advice. Data © European Union (Decision 2011/833/EU). Methodology.