European Union Agency for the Cooperation of Energy Regulators

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The European Agency for the Cooperation of Energy Regulators (ACER) is an Agency of the European Union by the Third Energy Package in 2009.[1] It was established in 2010 and has its seat in Ljubljana, Slovenia.[2]

On, 4 and 5 May 2010, ACER held the inaugural meeting of its Board of Regulators in Brussels. At the inaugural meeting, Lord Mogg was elected the first Chair of ACER’s Board of Regulators and Mr Walter Boltz the Vice Chair, each appointed for a 2.5 year (renewable) period. On 6 May, the Administrative Board designated Alberto Pototschnig as its first Director. By deciding on their director and chairs, ACER took a step forward towards becoming fully operational.

The basis for the establishment of ACER is Regulation 713/2009 of the European Parliament and the Council of 13 July 2009. The Regulation describes the establishment and legal status, tasks, organisation and financial provisions.[3]

ACER is the second intergovernmental organization headquartered in Slovenia. The first was the International Center for Promotion of Enterprises (ICPE).[4]

Tasks

The agency:

  • complements and coordinates the work of national regulatory authorities,
  • participates in the creation of European network rules,
  • takes, under certain conditions, binding individual decisions on terms and conditions for access and operational security for cross border infrastructure,
  • gives advice on various energy related issues to the European institutions, and
  • monitors and reports developments at the European energy markets, primarily on the framework of the Regulation on Wholesale Energy Market Integrity and Transparency (REMIT)

See also

External links

References

  1. ^ http://ec.europa.eu/energy/gas_electricity/third_legislative_package_en.htm
  2. ^ http://ec.europa.eu/energy/gas_electricity/acer/acer_en.htm
  3. ^ Regulation 713/2009 of the European Parliament and of the Council of 13 July 2009
  4. ^ http://www.icpe.si/about-icpe.html
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