The Electricity and Gas (Market Integrity and Transparency) (Amendment) (EU Exit) Regulations 2019

The Electricity and Gas (Market Integrity and Transparency) (Amendment) (EU Exit) Regulations 2019

Proposed Negative
Published: 17 December 2018
Sift end date: 16 January 2019 

This instrument (the amending instrument) is one of a package of statutory instruments that will ensure that legislation governing the UK’s energy systems will function effectively in the event that the UK leaves the European Union (‘EU’) without a withdrawal agreement in place. It makes modifications to Regulation (EU) No 1227/2011 on wholesale energy market integrity and transparency (REMIT), Commission Implementing Regulation (EU) No 1348/2014 (the REMIT Implementing Regulation) and Regulation (EU) No 543/2013 on submission and publication of data in electricity markets (the Transparency Regulation) in order to ensure that they are operable when incorporated into domestic law by the European Union (Withdrawal) Act 2018. It also amends domestic legislation which confers investigation and enforcement powers on the energy regulators in relation to breaches of REMIT requirements. 

The amending instrument applies to energy, which is a transferred matter for Northern Ireland under the Northern Ireland Act 1998.

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