7 Amendments of Sandra PEREIRA related to 2023/0076(COD)
Amendment 100 #
Proposal for a regulation
Recital 1 a (new)
Recital 1 a (new)
(1a) Whereas it is necessary to put an end to energy policies based on liberalisation of the sector, re-establishing public ownership and strategic state control over the key energy undertakings that have been privatised and restoring high-quality public energy services and national, democratic planning of the development of the energy system on the basis of solidarity and international cooperation;
Amendment 103 #
Proposal for a regulation
Recital 1 b (new)
Recital 1 b (new)
(1b) Whereas there is an urgent need to protect consumers in the face of rising energy prices and to combat volatility and lack of transparency in the price formation process;
Amendment 104 #
Proposal for a regulation
Recital 1 c (new)
Recital 1 c (new)
(1c) Whereas the scale of the energy and socio-economic crisis, of which there were already clear signs in the post- pandemic period, demonstrates the urgent need for interventions and measures such as price containment through regulation based inter alia on public and common interest criteria;
Amendment 106 #
Proposal for a regulation
Recital 1 d (new)
Recital 1 d (new)
(1d) Whereas energy price increases have escalated on the wholesale electricity market since 2021, with extremely adverse social and economic consequences;
Amendment 107 #
Proposal for a regulation
Recital 1 e (new)
Recital 1 e (new)
(1e) Whereas much of the problem of rising energy prices stems from the liberalised market and its speculative nature;
Amendment 108 #
Proposal for a regulation
Recital 1 f (new)
Recital 1 f (new)
(1f) Whereas there is a need to fundamentally change the marginal pricing system in the day-ahead market, which determines that the most expensive technology – usually gas – sets the price for other forms of energy production; Whereas that pricing system not only fails to guarantee that the impact of fossil fuel prices on electricity bills is reduced, but also aims to safeguard the interests of the large economic groups operating in the sector, in particular by extending the duration of established contracts;
Amendment 152 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point a
Article 1 – paragraph 1 – point 1 – point a
REGULATION (EU) No 1227/2011 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 25 October
Article 1
Article 1
2. This Regulation applies to trading in wholesale energy producte in wholesale energy products and should serve to combat the volatility of energy prices and the lack of transparency in the price formation process and to protect consumers in the face of rising energy prices, in particular by setting maximum energy and fuel prices, putting an end to the marginal pricing rule and establishing the value of the real cost of production as the starting point for calculating prices and margins for liquid fuels. This Regulation is without prejudice to the application of Directive (EU) 2014/65, Regulation (EU) 600/2014 and Regulation (EU) 648/2012 as regards activities involving financial instruments as defined under Article 4(1)(15) of Directive (EU) 2014/65 as well as to the application of European competition law to the practices covered by this Regulation.;