Statutory instrument on the transparency of the Electricity and Gas Regulations 2019

Document title: The Electricity and Gas (Market Integrity and Transparency) (Amendment) (EU Exit) Regulations 2019

Summary: This instrument is one of a package of statutory instruments to ensure the UK’s energy systems will function effectively in the event the UK leaves the European Union without a withdrawal agreement in place. Under the Regulation on Wholesale Energy Market Integrity and Transparency regime market participants are currently required to register with and report market data to EU institutions. The amending instrument amends that requirement so participants in UK markets will be required to register with and report energy market data to the appropriate national regulator approximately four weeks after exit day.