ESMA & ACER delivered their preliminary reports on the introduction of #MCM.

The 2 reports do not identify any negative effects so far on financial or energy markets caused by the mechanism.

We can now move forward. We will remain vigilant against risks emerging in the future.
RT @eu_acer: ACER assesses the effect of the 🆕 #MarketCorrectionMechanism (#MCM) on #EnergyMarkets and #SecurityOfSupply:
👉Feedback welcome on indicators
👉@ESMA assesses impact on #gas der…

🐦🔗: https://n.respublicae.eu/KadriSimson/status/1617580161003835392

Arrival and doorstep by Tinne #VanderStraeten Minister for Energy of #Belgium at the Extraordinary #TTE #Energy Council on 19 December 2022 in #Brussels.
"The goal today is to find a solution on the #marketcorrectionmechanism"
https://newsroom.consilium.europa.eu/permalink/242179

🐦🔗: https://n.respublicae.eu/EUCouncilTVNews/status/1604753648596156416

We also discussed the #marketcorrectionmechanism.

The first discussion on our proposal showed that Member States are willing to work swiftly towards an agreement at another extraordinary #TTE Council in December.

🐦🔗: https://nitter.eu/KadriSimson/status/1595815529075429381