Thursday, 05 July 2018
In a press release late last week the EU Council confirmed that they have reached a provisional agreement with the European Parliament on the Energy Union governance regulation.
The Bulgarian Minister of Energy, Temenuzhka Petkova, said the following:
The Council has today agreed on a new governance system for the energy union. This will ensure that we remain firmly on track to meet our long-term energy and climate objectives. This regulation is a key tool for modernising our energy policies as it ensures transparency, coherence, and cost-efficiency, and improves collaboration.
Today's endorsement by EU ambassadors means that the regulation can be submitted for approval to the European Parliament, where the plenary vote is expected in October, and then back to the Council for final adoption. The regulation will enter into force 20 days after its publication in the Official Journal of ...