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Commission Delegated Regulation (EU) 2019/7Show full title
Commission Delegated Regulation (EU) 2019/7 of 30 October 2018 amending Regulation (EU) No 1031/2010 as regards the auctioning of 50 million unallocated allowances from the market stability reserve for the innovation fund and to list an auction platform to be appointed by Germany (Text with EEA relevance)
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ANNEX
In Annex III to Regulation (EU) No 1031/2010, the following part 5 is added:
| ‘Auction platforms appointed by Germany | ||
| 5 | Auction platform | European Energy Exchange AG (EEX) |
| Legal Basis | Article 30(1) | |
| Term of appointment | From 5 January 2019 at the earliest for a maximum period of five years until 4 January 2024, without prejudice to the second subparagraph of Article 30(5). | |
| Conditions | Admission to the auctions shall not be dependent on becoming a member of or a participant in the secondary market organised by EEX or of any other trading place operated by EEX or by any third party. | |
| Obligations | 1. Within two months from 5 January 2019, EEX shall submit its exit strategy to Germany. The exit strategy shall be without prejudice to the obligations of EEX laid down in the contract with the Commission and the Member States concluded pursuant to Article 26 and the rights of the Commission and those Member States under that contract. 2. Germany shall notify the Commission of any substantive changes in the relevant contractual relations with EEX notified to the Commission on 12 April 2018.’ | |
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