Council of the European Union 19 December 2022, Council Regulation (EU) 2022/2576 of 19 December 2022 enhancing solidarity through better coordination of gas purchases, reliable price benchmarks and exchanges of gas across borders

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European Union · · · Cited by 99 · 19-12-2022

CHAPTER I. SUBJECT MATTER AND DEFINITIONS
Article 1. Subject matter and scope
Article 2. Definitions
CHAPTER II. BETTER COORDINATION OF GAS PURCHASES
SECTION 1. Coordination of gas purchases in the Union
Article 3. Transparency and information exchange
Article 4. Ad hoc Steering Board
SECTION 2. Demand aggregation and joint purchasing
Article 5. Temporary service contract with a service provider
Article 6. Criteria for selecting the service provider
Article 7. Tasks of the service provider
Article 8. Participation in the demand aggregation and joint purchasing
Article 9. Natural gas supplies excluded from joint purchasing
Article 10. Mandatory use of the service provider
Article 11. Gas purchasing consortium
SECTION 3. Measures to enhance the use of LNG facilities, gas storage facilities and pipelines
Article 12. Secondary capacity booking platform for LNG facility users and gas storage facility users
Article 13. Transparency platforms for LNG facilities and gas storage facilities
Article 14. More effective use of transmission capacities
CHAPTER III. MEASURES TO PREVENT EXCESSIVE GAS PRICES AND EXCESSIVE INTRA-DAY VOLATILITY IN ENERGY DERIVATIVES MARKETS
SECTION 1. Temporary intra-day tool to manage excess volatility in energy derivatives markets
Article 15. Intra-day volatility management mechanism
Article 16. Role of competent authorities
Article 17. Coordination role of ESMA
SECTION 2. Empowering ACER to collect and publish objective price data
Article 18. Tasks and powers of ACER to carry out price assessments and benchmarks
Article 19. Publication of LNG price assessments and benchmark
Article 20. Provision of LNG market data to ACER
Article 21. LNG market data quality
Article 22. Business continuity
CHAPTER IV. MEASURES FOR THE CASE OF A GAS EMERGENCY
SECTION 1.
Article 23. Extension of solidarity protection to critical gas volumes for electricity security of supply
Article 24. Demand reduction measures concerning protected customers
Article 25. Safeguards for cross-border flows
SECTION 2. Rules for the provision of solidarity measures
Article 26. Temporary extension of solidarity obligations to Member States with LNG facilities
Article 27. Default rules for solidarity measures
Article 28. Procedure for solidarity measures in the absence of a solidarity agreement
CHAPTER V. FINAL PROVISIONS
Article 29. Committee procedure
Article 30. Review
Article 31. Entry into force and application
ANNEX I. ANNEX II

29.12.2022

Official Journal of the European Union

L 335/1

COUNCIL REGULATION (EU) 2022/2576

of 19 December 2022

enhancing solidarity through better coordination of gas purchases, reliable price benchmarks and exchanges of gas across borders

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article

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