| Author (Corporate) | Council of the European Union, European Parliament |
|---|---|
| Series Title | Official Journal of the European Union |
| Series Details | L 173, Pages 17-33 |
| Publication Date | 30/06/2022 |
| Content Type | Blog & Commentary, Legislation, News, Policy-making |
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Summary: Regulation (EU) 2022/1032 - formally signed by the co-legislators on 29 June 2022 - introducing introducing amendments to Regulation (EU) 2017/1938 concerning measures to safeguard the security of gas supply and Regulation (EC) No 715/2009 on conditions for access to natural gas transmission networks. This is a text with EEA relevance. Further information: Regulation (EC) No 715/2009 lays down rules for access to natural gas transmission networks, gas storage and liquified natural gas (LNG) facilities. Regulation (EU) 2017/1938 establishes provisions aiming to safeguard the security of gas supply in the European Union (EU) by ensuring the proper and continuous functioning of the internal market in natural gas. This Regulation aims at ensuring the storage capacities in the EU do not remain unused, to ensure that storages can be shared across the EU in a spirit of solidarity. For that purpose, a minimum mandatory level of gas in storage facilities aims at reinforcing the security of supply in the shorter term. A mandatory certification of storage system operators aims to ensure that potential security of supply risks resulting from influence over the critical storage infrastructure can be excluded. Finally, the use of storage is incentivised by allowing to exempt storage users from transmission tariffs at storage entry or exit points. The European Green Deal envisaged measures aimed at addressing challenges related to the EU's dependence for primary energy from third countries. This included upgrading and extending LNG infrastructure and diversification of sources and routes of pipeline gas. International tensions underlined the need to advance with such plans. However, the geopolitical situation also confirmed the need for additional short term measures to deal with the market imbalances for energy and for security supplies in the forthcoming years. This proposal was tabled by the European Commission on 23 March 2022, alongside a Communication addressing energy security and energy affordability. The European Parliament adopted a negotiating position on 7 April, followed by the Council of the European Union on 11 May. An informal agreement between the co-legislators on a compromise text for this file was reached on 19 May. This was formally endorsed by the Parliament on 23 June and by the Council on 27 June. The Act was signed by the co-legislators on 29 June 2022 and published in the Official Journal on 30 June 2022. |
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| Source Link | Link to Main Source http://data.europa.eu/eli/reg/2022/1032/oj |
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| Subject Categories | Energy |
| Subject Tags | Energy infraestructure, Energy Security |
| Keywords | Natural Gas, Security of Energy Supply |
| International Organisations | European Union [EU] |
