Regulation 2010/617 - Notification to the Commission of investment projects in energy infrastructure within the EU - Main contents
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official title
Council Regulation (EU, Euratom) No 617/2010 of 24 June 2010 concerning the notification to the Commission of investment projects in energy infrastructure within the European Union and repealing Regulation (EC) No 736/96| Legal instrument | Regulation |
|---|---|
| Number legal act | Regulation 2010/617 |
| Original proposal | COM(2009)361  |
| CELEX number i | 32010R0617 |
| Document | 24-06-2010 |
|---|---|
| Publication in Official Journal | 15-07-2010; Special edition in Croatian: Chapter 12 Volume 003,OJ L 180, 15.7.2010 |
| Effect | 04-08-2010; Entry into force See Art 13 |
| End of validity | 08-04-2014; Replaced by 32014R0256 |
15.7.2010 |
EN |
Official Journal of the European Union |
L 180/7 |
COUNCIL REGULATION (EU, EURATOM) No 617/2010
of 24 June 2010
concerning the notification to the Commission of investment projects in energy infrastructure within the European Union and repealing Regulation (EC) No 736/96
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 337 thereof,
Having regard to the Treaty establishing the European Atomic Energy Community, and in particular Article 187 thereof,
Having regard to the proposal from the European Commission,
Having regard to the opinion of the European Parliament,
Whereas:
(1) |
Obtaining an overall picture of the development of investment in energy infrastructure in the Union is essential for the Commission to perform its tasks in the field of energy. The availability of regular and up-to-date data and information should enable the Commission to make the necessary comparisons, evaluations or to propose relevant measures based on appropriate figures and analysis, in particular concerning the future energy supply-demand balance. |
(2) |
The energy landscape within and outside the Union has changed significantly in recent years and makes investment in energy infrastructure a crucial issue for securing the Union’s energy supply, for the functioning of the internal market and for the transition towards a low-carbon energy system the Union has begun. |
(3) |
The new energy context requires significant investment in all kinds of infrastructure in all energy sectors as well as the development of new types of infrastructure and new technologies to be taken up by the market. The liberalisation of the energy sector and the further integration of the internal market give a more prominent role to economic operators for investment. At the same time, new policy requirements such as targets affecting the fuel mix will alter Member States’ policies towards new and/or modernised energy infrastructure. |
(4) |
In this context, greater attention should be paid to investment in energy infrastructure in the Union, in particular with a view to anticipating problems, promoting best practices and establishing greater transparency on the future development of the Union’s energy system. |
(5) |
The Commission and in particular its Market Observatory for Energy should therefore have at its disposal accurate data and information on investment projects, including decommissioning, in the most significant components of the energy system of the Union. |
(6) |
Data and information regarding foreseeable developments in production, transmission and storage capacities and projects in the various energy sectors are of interest to the Union and important to future investment. It is therefore necessary to ensure that the Commission is notified of investment projects on which construction or decommissioning work has started or on which a final investment decision has been taken. |
(7) |
Pursuant to Articles 41 and 42 of the Euratom Treaty, undertakings are under an obligation to notify their investment projects. It is necessary to supplement such information with, in particular, a regular reporting on the implementation of investment projects. Such additional reporting is without prejudice to Articles 41 to 44 of the Euratom Treaty. |
(8) |
In order for the Commission to have a consistent view of the future developments of the Union’s energy system as a whole, a harmonised reporting framework for investment projects based on updated categories for official data and information to be transmitted by the Member States is necessary. |
(9) |
Member States should, to this end, notify to the Commission, data and information on investment projects in... |
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