The European Parliament has adopted three new regulations and a new directive for a revised internal electricity market in the EU. The European Commission submitted the proposal in late 2016, as part of negotiations over the Clean Energy for All Package.
The legislative package included a range of directives and regulations that were designed to improve energy efficiency and increase the share of renewable energy in Europe, while establishing regulations to foster the adoption of distributed-generation assets. The European Parliament has passed proposals for the new Electricity Market Regulation and Electricity Market Directive, as well as proposals for the Regulations on Risk Preparedness and the Agency for the Cooperation of Energy Regulators (ACER).
Substantial parts of the package have already passed the legislative stage. The Governance of the Energy Union Regulation, the revised Energy Efficiency Directive, the revised Renewable Energy Directive and the Energy Performance of Buildings Directive went into force last year.