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Legal briefing

European electricity market reform

03/07/2024

This Legal Briefing highlights the main aspects of the reform introduced by these pieces of legislation

On 26 June 2024, the rules representing the culmination of the reform of the European electricity market were published in the Official Journal of the European Union (“OJEU”): Regulation (EU) 2024/1747 of the European Parliament and of the Council of 13 June 2024, amending Regulations (EU) 2019/942 and (EU) 2019/943 as regards improving the Union’s electricity market design (the “Regulation”) and Directive (EU) 2024/1711 of the European Parliament and of the Council of 13 June 2024, amending Directives (EU) 2018/2001 and (EU) 2019/944 as regards improving the Union’s electricity market design (the “Directive”).

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