| Author (Corporate) | Council of the European Union, European Parliament |
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| Series Title | Official Journal of the European Union |
| Series Details | L258, 15.10.2018 |
| Publication Date | 15/10/2018 |
| Content Type | Legislation |
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Summary: On 19 December 2017 the European Commission presented a proposal for a Regulation repealing Regulation (EU) No 256/2014 concerning the notification to the Commission of investment projects in energy infrastructure within the European Union. The European Parliament and the Council of the European Union adopted the new Regulation on 2 October 2018. Further information: Regulation (EU) No 256/2014 on the notification of investment projects in energy infrastructure within the European Union was adopted in February 2014 to ensure that the EU’s energy policy developed in an effective way and responded to the EU’s real needs. The Regulation required Member States to notify the Commission of investment projects on which construction or decommissioning work had started or on which a final investment decision had been taken. In this way, the Commission was meant to gain access to data and information on planned developments in production, transmission and storage capacities, as well as on projects in the various energy sectors of interest to the EU and important for future energy and investment policies. The proposal to repeal Regulation (EU) No 256/2014 was put forward in the context of the Commission's REFIT programme and commitment on better regulation, which has the objective of ensuring a legislative framework that is fit for purpose and high-quality, as stated in the Interinstitutional Agreement on Better Law-Making. The Commission identified this Regulation as no longer fit for purpose and proposed that it be repealed. |
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| Source Link | Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2018.258.01.0001.01.ENG |
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| Subject Categories | Energy |
| Countries / Regions | Europe |
