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Regulation (EU) No 1227/2011 of the European Parliament and of the Council of 25 October 2011 on wholesale energy market integrity and transparency Text with EEA relevance article 6 CELEX: 02011R1227-20250205 Technical updating of definitions of inside information and market manipulation
1. The Commission is empowered to adopt delegated acts in accordance with Article 20: (a) to amend this Regulation by: (i) aligning the definitions set out in Article 2, points (1), (2), (3) and (5), for the purpose of ensuring coherence with other relevant Union law in the fields of financial services and energy; (ii) updating the definitions referred to in point (i) for the sole purpose of taking into account future developments on wholesale energy markets; (b) to supplement this Regulation by establishing, taking into account national specificities, minimum thresholds for the identification of events which, if they were made public, would be likely to significantly affect the prices of the wholesale energy products. |
Regulation (EU) No 1227/2011 of the European Parliament and of the Council of 25 October 2011 on wholesale energy market integrity and transparency Text with EEA relevance article 6 CELEX: 02011R1227-20250205 2. The delegated acts referred to in paragraph 1 shall take into account at least: (a) the specific functioning of wholesale energy markets, including the specificities of electricity, hydrogen and natural gas markets ◄ , and the interaction between commodity markets and derivative markets; (b) the potential for manipulation across borders, between electricity, hydrogen and natural gas markets ◄ and across commodity markets and derivative markets; (c) the potential impact on wholesale energy market prices of actual or planned production, consumption, use of transmission, or use of storage capacity; and (d) network codes and framework guidelines adopted in accordance with Regulation (EU) 2019/943 ◄ and (EC) No 715/2009. |