EU Legislation on Energy Trading

This resource collects together the most important EU legislation relevant for wholesale energy trading. Both physical and financial energy markets are regulated by EU law.

Only legislation in force is included, although it is noted where updated or replacement legislation is planned. Where relevant, links to non-binding guidance or supporting documents are also available.

  • Power Markets

  • Gas Markets

  • Environmental Markets

  • Financial Services

  • Transparency and integrity

  • Energy Community

  • CCP Recovery and Resolution
The Commission adopted in 2016 a legislative proposal on CCP recovery and resolution, in order to address the challenges posed by the growing importan…
COM/2016/0856
  • Energy Community Treaty
The Energy Community is an international organisation which brings together the European Union and its neighbours to create an integrated pan-European…
Treaty
  • Clean Energy Package - Market Rules
Regulation (EU) 2019/941 on risk-preparedness in the electricity sector and repealing Directive 2005/89/EC…
Regulation (EU) 2019/941
  • Trans-European Networks
  • Trans-European Networks
The TYNDPs are infrastructure development plans to ensure a coordinated pan-European approach to electricity and gas grid development, drawn up by ENT…
TYNDP
  • Gas Network Codes and Guidelines
  • /Third Energy Package
Commission Decision 2012/490/EU on amending Annex I to Regulation (EC) No 715/2009 on conditions for access to the natural gas transmission networks…
Commission Decision 2012/490/EU
  • Electricity Network Codes & Guidelines
Commission Regulation (EU) 2016/631 establishing a network code on requirements for grid connection of generators, establishes harmonised connection r…
Commission Regulation (EU) 2016/631
  • Electricity Network Codes & Guidelines
Commission Regulation (EU) 2016/1388 establishing a Network Code on Demand Connection establishes harmonised requirements for grid connection applicab…
Commission Regulation (EU) 2016/1388
  • Transparency
Transparency Regulation: Regulation (EU) No 543/2013 on the submission and publication of data in electricity markets. In accordance with this Regula…
Regulation (EU) No 543/2013
  • Trans-European Networks
  • Trans-European Networks
On 28 November 2023, the Commission adopted the 6th list of Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs) based on the rev…
PCIs
  • Benchmark Regulation
Regulation (EU) 2016/1011 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment f…
Regulation (EU) 2016/1011
  • Tackling VAT Fraud
Domestic reverse charge mechanism to combat MTIC fraud The derogation to allow the optional application of the domestic reverse charge mechanism (D…
VAT Directive 2006/112/EC
  • EU ETS
The Market Stability Reserve (MSR) aims to provide stability for the EU emissions trading system (EU ETS) by addressing the current surplus of allowan…
Decision (EU) 2015/1814
  • Renewable Energy Directive
Directive (EU) 2018/2001 (recast) on the promotion of the use of energy from renewable sources. Current consolidated text: 20/11/2023 On 14 July 2021,…
Directive (EU) 2018/2001
  • Security of supply
The Energy Security Strategy (COM/2014/0330 final) was released in May 2014 in response to concerns about EU energy dependence and supply disruption. …
COM/2014/0330
  • Gas Network Codes and Guidelines
Commission Regulation (EU) 2015/703 establishing a network code on interoperability and data exchange rules…
Commission Regulation (EU) 2015/703
  • Gas Network Codes and Guidelines
Commission Regulation (EU) No 312/2014 establishing a Network Code on Gas Balancing of Transmission Networks…
Commission Regulation (EU) 312/2014
  • Clean Energy Package - Market Rules
Regulation (EU) 2019/942 establishing a European Union Agency for the Cooperation of Energy Regulators (Text with EEA relevance). Consolidated text:2…
Regulation (EU) 2019/942
  • Third Energy Package
Regulation (EC) No 715/2009/EC on Conditions for Access to the Natural Gas Transmission Networks, lays down rules for access to natural gas transmissi…
Regulation 715/2009/EC
  • Security of supply
Directive 2005/89/EC concerning measures to safeguard security of electricity supply and infrastructure investment was repealed by Regulation (EU) 201…
Directive 2005/89/EC
  • Electricity Network Codes & Guidelines
Commission Regulation (EU) 2017/1485 establishing a guideline on electricity transmission system operation sets harmonised rules for TSOs, DSOs and SG…
Commission Regulation (EU) 2017/1485
  • Electricity Network Codes & Guidelines
Commission Regulation (EU) 2017/2196 establishing a network code on electricity emergency and restoration, sets out rules for the management of the tr…
Commission Regulation (EU) 2017/2196
  • Electricity Network Codes & Guidelines
Commission Regulation (EU) 2016/1719 establishing a guideline on forward capacity allocation addresses the allocation of long-term transmission rights…
Commission Regulation (EU) 2016/1719
  • Electricity Network Codes & Guidelines
Commission Regulation (EU) 2017/2195 establishing a guideline on electricity balancing sets out EU-wide rules governing the functioning of the balanci…
Commission Regulation (EU) 2017/2195
  • Clean Energy Package - Market Rules
Directive (EU) 2019/944 on common rules for the internal market for electricity and amending Directive 2012/27/EU, notably provides consumers with mor…
Directive (EU) 2019/944
  • Third Energy Package
Directive 2009/73/EC concerning common rules for the internal market in natural gas addresses, among other topics, unbundling of energy supply and gen…
Directive 2009/73/EC
  • MiFID II and MiFIR
New rules revising the first Markets in Financial Instruments Directive and putting in place the Markets in Financial Instruments Regulation (MiFIR) e…
Directive 2014/65/EU & Regulation (EU) 600/2014
  • Energy Efficiency Directive
Directive (EU) 2018/2002, amending Directive 2012/27/EU on energy efficiency (Text with EEA relevance). On 14 July 2021, the European Commission propo…
Directive (EU) 2018/2002
  • Clean Energy Package - Market Rules
Regulation (EU) 2019/943 on the internal market for electricity provides a framework for the further integration of renewable energy into the electric…
Regulation (EU) 2019/943