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Proposal for a Regulation of the European Parliament and of the Council amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market (Text with EEA relevance) (COM(2023) 147 final / 2023/0076 (COD)) (REMIT Proposal) (updated 29 February 2024 with Texts Adopted)Explanatory Memorandum1. Context of the Proposal2. Legal Basis, Subsidiarity and Proportionality3. Stakeholder Consultations and Staff Working Dokument4. Budgetary Implications5. Other ElementsProposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market (Text with EEA relevance)RecitalsArticle 1 Amendments to Regulation (EU) No 1227/2011Article 2 Amendments to Regulation (EU) 2019/942Article 3 Entry into force and applicationArticle 4Done atLegislative Financial Statement 'Agencies'
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Version status: Published
Version date: 14 March 2023 - onwards

1. Context of the Proposal

• Reasons for and objectives of the proposal

1.1. Policy context

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