The European Commission (the “Commission”) published at the end of 2016 its “Clean Energy For All Europeans” legislative package, referred to in public as the “Winter Package”. The Winter Package is considered to be the most significant and extensive legislative proposal relating to the electricity market since the publication of the Third Energy Package.
The acceptance of the Winter Package requires the support of the European Parliament and the majority of the Member States. At the recent meeting of the Transport, Telecommunications and Energy Council (the “Ministers Council”), the ministers of the Member States for the first time discussed the Winter Package in more detail.
The standpoints expressed by the Ministers Council serve as an important guideline as to which proposals of the Winter Package may be supported by the Member States, and which proposals may require further negotiations between the parties involved.