The Agency’s 2017 Programming Document, which includes the 2017 Work Programme was published today following its adoption last week by ACER’s Administrative Board. The document, which was approved by the Board of Regulators on 14 September, is now available online here.
The document is structured according the format of the Programming Document for EU Agencies. The Agency’s multiannual outlook for the 2016 – 2019 period has been updated, but remains fully consistent with the one published last year. The Agency is not able at present to foresee the potential additional tasks that it may be given in the coming years in the framework of the Energy Union.
The document focuses on the four main areas on which the Agency expects to concentrate its activities in 2017 and in the coming years: the (post-2014) completion of the Internal Energy Market, the infrastructure challenge, the monitoring of wholesale energy markets and the longer-term regulatory challenges such as the integration of renewables.
While in 2016 the implementation of the monitoring framework of the Regulation on Wholesale Energy Market Integrity and Transparency (REMIT) has been completed, monitoring of trading in EU wholesale energy markets on the basis of the reported trade and fundamental data remains one of the Agency’s main challenges. The Agency’s effectiveness in such a monitoring activity crucially depends on it being assigned the significant additional resources that it has been requesting since 2014, and which the Agency is again requesting for 2017.
The 2017 Work Programme was adopted in line with the estimate of expenditure approved by the Administrative Board in January 2016, with a supportive opinion by the Board of Regulators, and without prejudice to the annual budgetary procedure.
Access all the work programmes of the Agency here.