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Agreements of the Council of the European Union to approve the regulation of (i) simplification of the processing of pro
On 19 December 2022, the Council of the European Union has reached two agreements that seek on the one hand, to increase investment in projects in the renewable energy sector through the simplification of the permits necessary for their development; and on the hand, the regulation of a temporary mechanism to limit excessive alterations and increases in the price of gas.
As regards the first of the agreements, the Commission proposed a number of targeted amendments to existing energy legislation, namely the Renewable Energy Directive (RED), the Energy Performance of Buildings Directive (EPBD) and the Energy Efficiency Directive (EED) 1. The Council has now fixed its position in respect of such proposal. The second of the agreements concerns the proposal for a Council regulation establishing a market correction mechanism to protect citizens and the economy against excessively high prices.