Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 31 OCTOBER 2022

Update On Energy Market Interventions In Electricity

Arthur Cox
Explore more from Arthur Cox

Regulation (EU) 2022/1854 on an emergency intervention to address high energy prices is now in force, mirroring to a large extent the draft, which we looked at here.

IrelandEnergy and Natural Resources
Katrina Donnelly
Katrina Donnelly
Author LinkedIn connections

New mechanisms applicable from 1 December 2022

Regulation (EU) 2022/1854 on an emergency intervention to address high energy prices is now in force, mirroring to a large extent the draft, which we looked at here. The position in the final Regulation is as follows:

  • Demand Reduction: Member States shall endeavour to implement measures to reduce their total monthly gross electricity consumption by 10% compared to the average in the corresponding months of the reference period (1 November to 31 March in the past five consecutive years). Each Member State shall identify peak price hours corresponding to a minimum of 10% of all hours in the period between 1 December 2022 and 31 March 2023, and then reduce gross electricity consumption during the identified peak hours by at least 5% on average per hour.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Energy Update: New Requirements For Transmission-connected Demand Facilities

Ireland's Commission for Regulation of Utilities is consulting on Grid Code modification MPID 345, which would impose new fault ride-through requirements on transmission-connected demand facilities, particularly data centres. The proposed compliance and derogation framework includes usage caps and curtailment procedures that could significantly impact customer operations and contractual entitlements under connection agreements.
IrelandEnergy and Natural Resources
Arthur Cox
Arthur Cox
Article

Ireland’s Data Centre Connections: Back Online

Ireland has lifted its data centre connection moratorium and introduced a demanding new framework requiring developers to provide their own generation capacity, source 80% of electricity from new Irish renewables within six years, and meet strict grid stability requirements. The policy creates significant opportunities for developers who can navigate the complex intersection of grid connection, planning permission, and renewable energy procurement, though a pending legal challenge adds uncertainty to the la
IrelandEnergy and Natural Resources
William Fry LLP
William Fry LLP
Article

Energy Update: CRU Decision On New Requirements For Demand Customers (Fault Ride Through)

The Commission for Regulation of Utilities has approved Grid Code modification MPID 345, introducing fault ride through, RoCoF and active power recovery requirements for transmission-connected demand facilities. Customers unable to comply must navigate a new Compliance and Derogation Framework, with data centres facing Demand Utilisation Thresholds that effectively limit their Maximum Import Capacity.
IrelandEnergy and Natural Resources
Arthur Cox
Arthur Cox
Article

Horizon Scanner: Energy Planning Infrastructure And Construction August 2026 - Energy And Infrastructure

The European Union continues to refine its energy and climate regulatory framework through significant amendments to electricity market rules, methane emissions standards, and the Emissions Trading Scheme. Recent developments span critical infrastructure resilience, carbon border adjustments, and enhanced oversight of energy supply chains, reflecting the EU's commitment to achieving its 2040 emission reduction targets while maintaining market competitiveness.
IrelandEnergy and Natural Resources
Arthur Cox
Arthur Cox
Article

Energy Update: Direct Lines Bill

Ireland's Electricity Regulation (Amendment) (No. 2) Bill 2026 proposes significant reforms to the country's direct lines framework, removing restrictive barriers that have prevented private wire infrastructure development. The Bill would eliminate the grid-refusal precondition and establish new permitting criteria under the Commission for Regulation of Utilities, potentially unlocking opportunities for renewable energy deployment and alternative electricity supply arrangements.
IrelandEnergy and Natural Resources
Arthur Cox
Arthur Cox
Article

Energy Legislation: What’s Moving This Autumn?

The Irish Government's Autumn 2026 Legislation Programme reveals an ambitious energy policy agenda spanning renewable heat obligations, private electricity wires, offshore grid financing, and district heating regulation. With multiple Bills progressing through the Oireachtas, businesses in the energy sector face significant compliance changes and new infrastructure opportunities that could reshape Ireland's electricity and gas markets.
European UnionEnergy and Natural Resources
William Fry LLP
William Fry LLP