Legal provisions of COM(2023)762 - Amendment of Regulation (EU) 2022/2576 as regards the prolongation of its period of application

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dossier COM(2023)762 - Amendment of Regulation (EU) 2022/2576 as regards the prolongation of its period of application.
document COM(2023)762
date December 21, 2023


Article 1

Amendments to Regulation (EU) 2022/2576

Regulation (EU) 2022/2576 is amended as follows:

(1) In Article 31, the second paragraph is replaced by the following:

‘It shall apply until 31 December 2024.’

(2) In Annex I, footnote (1) is replaced by the following:

‘The figures in Annex I, parts (a) and (b), are based on data from the winter adequacy assessment pursuant to Article 9 of Regulation (EU) 2019/941 by the European Network of Transmission System Operators for Electricity (ENTSO-E), except for Malta for which the electricity generation relies exclusively on LNG deliveries with no significant storage capacities. Given the specificity of the low-calorific gas, the values for the Netherlands in this table should be multiplied with a conversion factor of 37,89 divided by 35,17. Annex I, part (a), represents the individual monthly volumes calculated by ENTSO-E for the months December 2022 to March 2023; the figures in Annex I, part (b), for the months April 2023 to December 2024 represent the average of the values in the period between December 2022 and March 2023.’

(3) In Annex I (b), the first sentence is replaced by the following:

‘Maximum critical gas volumes for electricity security of supply pursuant to Article 23 for the period between April 2023 to December 2024 (values in million cubic metres):’

Article 2

Entry into force and application

This Regulation shall enter into force on 31 December 2023.

This Regulation shall be binding in its entirety and directly applicable in all Member States.