Introduction of a market correction mechanism for TTF derivatives to protect against excessive prices
Initiative
Official name
COUNCIL REGULATION (EU) 2022/2578 of 22 December 2022 establishing a market correction mechanism to protect Union citizens and the economy against excessively high prices
Type
Regulation
Level 1
Initiator
EU
Submitted
Doc. code
2022/2578; 2023/2920
Summary
Status
Status
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Current version
Final version
Next step
Entry into force and application
Entry into force
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Application date
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Scope
Relevant for
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Associated initiatives
Level 1
–
Level 2
Definition of the technical details of the application of the market correction mechanism to derivatives
(binding, Supplement, EU)
Temporary Decision implementing energy market regulations
(non-binding, NL)
Level 3 / Other
–
Source: EU, 2022/2578; 2023/2920, 2022