European Statistics On Natural Gas And Electricity Prices [EU Legislation In Progress]

‘EU Legislation in Progress’ briefings aim to provide Members of the European Parliament with systematic and automatic analysis on all substantial proposals for EU legislation at every stage of the legislative procedure. Each contains an account of the purpose, content and legal aspects of the legislation proposed, in particular analysing what the legislation would change, as well as any previous legislation and the background. An overview of stakeholders’ views is also provided, as well as the opinions of national parliaments and the two advisory committees.

They are all made publicly available for stakeholders and the public.Member States would have to collect statistics on the prices charged to industrial consumers and households for natural gas and electricity. Price data would be reported every six months for different consumption volumes, and cover energy prices, network charges, taxes and levies, and their sub-components. The proposed regulation would replace Directive 2008/92/EC that requires Member States to collect such statistics for industrial consumers. Data on gas and electricity prices for households are currently collected on a voluntary basis.

Statistical data on gas and electricity prices are needed for monitoring the internal market for energy, and the impacts of various policies in the field of energy, such as support for renewable energy sources. In the context of the Energy Union strategy, the Commission has committed to preparing reports about energy costs and prices every two years, starting in 2016.

An agreement was reached in trilogue in June 2016 and subsequently formally adopted by the European Parliament and Council of the European Union. The regulation came into force in December 2016

Written by Gregor Erbach (3nd edition).

EP: EPRS: Briefing: EU Legislation in Progress http://epthinktank.eu/eu-legislation-in-progress/

ESO: Background information: Proposal for a Regulation of the European Parliament and of the Council on European statistics on natural gas and electricity prices and repealing Directive 2008/92/EC of the European Parliament and of the Council concerning a Community procedure to improve the transparency of gas and electricity prices charged to industrial end-users http://www.europeansources.info/record/proposal-for-a-regulation-of-the-european-parliament-and-of-the-council-on-european-statistics-on-natural-gas-and-electricity-prices-and-repealing-directive-2008-92-ec-of-the-european-parliament-and-o/

---