BETA

4 Amendments of Emmanuel MAUREL related to 2023/0077(COD)

Amendment 191 #
Proposal for a regulation
Recital 1 a (new)
(1a) As expressed by the President of the European Commission Ursula van der Leyen1a, the skyrocketing electricity prices exposed the limitations of the current market design, and there is a need for a structural reform of the electricity market. The high prices of electricity depend of the expensive fossil-based (gas and coal) electricity production as it is based on an algorithm that rely on a discriminatory marginal pricing system where the actual production cost of electricity is not being taken into account. The reform should prepare the ground for other price formulation system, which should reflect the average production costs to avoid speculation and unjust windfall profit. _________________ 1a European Parliament Plenary session 08/06/202 - Conclusions of the special European Council meeting of 30-31 May 20222
2023/05/25
Committee: ITRE
Amendment 213 #
(7a) Electricity is a universal service of general economic interest and is vital to maintaining a decent standard of living to protect people’s dignity and integrity as required by Article 3 of the Charter of the Fundamental Rights of the European Union. It provides essential functions such as adequate and clean heating, hot water, cooling, lighting, cooking, and powering appliances. The Union recognises that people have a right to energy as a universal service in line with Article 36 of the Charter of the Fundamental Rights of the European Union and Principle 20 of the European Pillar of Social Rights to fully ensure realisation of the Sustainable Development Goal 7 that the Union committed itself at the United Nations Summit on Sustainable Development on 25 September 2015 to implementing the resolution containing the outcome document entitled ‘Transforming our world: the 2030 Agenda for Sustainable Development’. Therefore Member States shall guarantee planning and financing policies are needed to provide affordable and decarbonised electricity to all consumers. Therefore, electricity should be considered as common good and as such all citizens of the European Union should be entitled an affordable access as a fundamental right.
2023/05/25
Committee: ITRE
Amendment 363 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point a
(b) set fundamentals principles for well-functioning, integrated electricity markets, which allow all resource providers and electricity customers non- discriminatory market access, enable the development of forward electricity markets to allow suppliers and consumers to hedge or protect themselves against the risk of future volatility in electricity prices, empower consumers, ensure competitiveness on the global marketto ensure the establishment of a price of electricity based average production costs and amortization instead of marginal pricing system, enhance flexibility through demand response, energy storage and other non- fossil flexibility solutions, ensure energy efficiency, facilitate aggregation of distributed demand and supply, and enable market and sectoral integration and market-based remuneration of electricity generated from renewable sources ;
2023/05/25
Committee: ITRE
Amendment 585 #
Proposal for a regulation
Article 1 – paragraph 1 – point 6 a (new)
REGULATION (EU) 2019/943
Article 10a
Insertion of a new article 10a (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02019R0943-20220623)(6 a) The following article 10a is inserted : "Article 10a Cap on market revenues of electricity producers and profits of electricity suppliers 1. Member States shall apply a cap on market revenues of producers obtained from the generation of electricity and to profits of suppliers obtained from the sale of electricity. 2. Market revenues of producers obtained from the generation of electricity shall be capped to a maximum of 80 EUR per MWh of electricity produced. The cap shall apply to the market revenues obtained from the sale of electricity. 3. Surplus profits of suppliers obtained from the sale of electricity shall be capped to a maximum of 3,5 EUR per MWh. The cap shall apply to profits obtained from the sale of electricity to final consumers. 4. Member States shall ensure that the cap targets all the market revenues of producers and intermediaries participating in electricity wholesale markets on behalf of producers, regardless of the market timeframe in which the transaction takes place and of whether the electricity is traded bilaterally or in a centralised marketplace. 5. Member States shall put effective measures in place to prevent a circumvention of the obligations on producers pursuant to paragraph 4. They shall in particular make sure that the cap on market revenues is effectively applied in cases where producers are controlled, or partially owned, by other undertakings, in particular where they are part of a vertically integrated undertaking. 6. Member States may decide: a) whether to apply the cap on revenues at the settlement of the exchange of energy or thereafter; b) set a higher cap on market revenues for producers generating electricity from the sources listed in paragraph 2, provided that their investments and operating costs exceed the maximum set in paragraph 2; the maximum cap shall reflect the cost of production and amortization for each electricity generation producer; Relevant member state authorities may base their assessment of the individualised cap based on electricity producer accountability. 7. Producers, intermediaries and relevant market participants, as well as system operators where relevant, shall provide to competent authorities of Member States and, where relevant, to the system operators and nominated electricity market operators, all necessary data for the application of the cap referred to in paragraph 1, including on the electricity produced and the related market revenues, regardless of the market timeframe in which the transaction takes place and of whether the electricity is traded bilaterally, within the same undertaking or in a centralised marketplace. 8. Revenues collected from the application of the cap on market revenues referred to in paragraph 1 shall be used to finance the measures adopted by the Member States to address an electricity price crisis declared pursuant to Article 66a of [revised EMD Directive] or, when an electricity crisis has not been declared, to support SMEs, vulnerable and energy poor final consumers in paying their electricity bill. 9. Within one year after the entry into force of the revised regulation, and later on demand of electricity producers, national energy regulators shall establish a cap on market revenues for each electricity generation producer of a capacity above 20MW reflecting to the costs of production and amortization of each generation capacity. The cap on revenues shall be updated every year to reflect the cost of inflation." Or. en
2023/05/25
Committee: ITRE