...
1.
...
New
...
direct
...
current
...
interconnectors
...
may,
...
upon
...
request,
...
be
...
exempted,
...
for
...
a
...
limited
...
period
...
of
...
time,
...
from
...
the
...
provisions
...
of
...
Article
...
16(6)
...
of
...
this
...
Regulation
...
and
...
Articles
...
9,
...
32
...
and
...
Article
...
37(6)
...
and
...
(10)
...
of
...
Directive
...
2009/72/EC
...
under
...
the
...
follow
...
ing
...
conditions:
...
(a)
...
the
...
investment
...
must
...
enhance
...
competition
...
in
...
electricity
...
supply;
...
(b)
...
the
...
level
...
of
...
risk
...
attached
...
to
...
the
...
investment
...
is
...
such
...
that
...
the
...
investment
...
would
...
not
...
take
...
place
...
unless
...
an
...
exemption
...
is
...
granted;
...
(c)
...
the
...
interconnector
...
must
...
be
...
owned
...
by
...
a
...
natural
...
or
...
legal
...
per
...
son
...
which
...
is
...
separate
...
at
...
least
...
in
...
terms
...
of
...
its
...
legal
...
form
...
from
...
the
...
system
...
operators
...
in
...
whose
...
systems
...
that
...
interconnector
...
will
...
be
...
built;
...
(d)
...
charges
...
are
...
levied
...
on
...
users
...
of
...
that
...
interconnector;
...
(e)
...
since
...
the
...
partial
...
market
...
opening
...
referred
...
to
...
in
...
Article
...
19
...
of
...
Directive
...
96/92/EC
...
of
...
the
...
European
...
Parliament
...
and
...
of
...
the
...
Council
...
of
...
19
...
December
...
1996
...
concerning
...
common
...
rules
...
for
...
the
...
internal
...
market
...
in
...
electricity
...
,
...
no
...
part
...
of
...
the
...
capital
...
or
...
operating
...
costs
...
of
...
the
...
interconnector
...
has
...
been
...
recovered
...
from
...
any
...
component
...
of
...
charges
...
made
...
for
...
the
...
use
...
of
...
trans
...
mission
...
or
...
distribution
...
systems
...
linked
...
by
...
the
...
interconnector;
...
and
...
(f)
...
the
...
exemption
...
must
...
not
...
be
...
to
...
the
...
detriment
...
of
...
competition
...
or
...
the
...
effective
...
functioning
...
of
...
the
...
internal
...
market
...
in
...
electricity,
...
or
...
the
...
efficient
...
functioning
...
of
...
the
...
regulated
...
system
...
to
...
which
...
the
...
interconnector
...
is
...
linked.
...
2.
...
Paragraph
...
1
...
shall
...
also
...
apply,
...
in
...
exceptional
...
cases,
...
to
...
alter
...
nating
...
current
...
interconnectors
...
provided
...
that
...
the
...
costs
...
and
...
risks
...
of
...
the
...
investment
...
in
...
question
...
are
...
particularly
...
high
...
when
...
com
...
pared
...
with
...
the
...
costs
...
and
...
risks
...
normally
...
incurred
...
when
...
connect
...
ing
...
two
...
neighbouring
...
national
...
transmission
...
systems
...
by
...
an
...
alternating
...
current
...
interconnector.
...
3.
...
Paragraph
...
1
...
shall
...
also
...
apply
...
to
...
significant
...
increases
...
of
...
capacity
...
in
...
existing
...
interconnectors.
...
4.
...
The
...
decision
...
on
...
the
...
exemption
...
under
...
paragraphs
...
1,
...
2
...
and
...
3
...
shall
...
be
...
taken
...
on
...
a
...
case-by-case
...
basis
...
by
...
the
...
regulatory
...
authori
...
ties
...
of
...
the
...
Member
...
States
...
concerned.
...
An
...
exemption
...
may
...
cover
...
all
...
or
...
part
...
of
...
the
...
capacity
...
of
...
the
...
new
...
interconnector,
...
or
...
of
...
the
...
exist
...
ing
...
interconnector
...
with
...
significantly
...
increased
...
capacity.
...
Within
...
two
...
months
...
from
...
the
...
date
...
on
...
which
...
the
...
request
...
for
...
exemption
...
was
...
received
...
by
...
the
...
last
...
of
...
the
...
regulatory
...
authorities
...
concerned,
...
the
...
Agency
...
may
...
submit
...
an
...
advisory
...
opinion
...
to
...
those
...
regulatory
...
authorities
...
which
...
could
...
provide
...
a
...
basis
...
for
...
their
...
decision.
...
In
...
deciding
...
to
...
grant
...
an
...
exemption,
...
consideration
...
shall
...
be
...
given,
...
on
...
a
...
case-by-case
...
basis,
...
to
...
the
...
need
...
to
...
impose
...
conditions
...
regard
...
ing
...
the
...
duration
...
of
...
the
...
exemption
...
and
...
non-discriminatory
...
access
...
to
...
the
...
interconnector.
...
When
...
deciding
...
those
...
conditions,
...
account
...
shall,
...
in
...
particular,
...
be
...
taken
...
of
...
additional
...
capacity
...
to
...
be
...
built
...
or
...
the
...
modification
...
of
...
existing
...
capacity,
...
the
...
time-frame
...
of
...
the
...
project
...
and
...
national
...
circumstances.
...
Before
...
granting
...
an
...
exemption,
...
the
...
regulatory
...
authorities
...
of
...
the
...
Member
...
States
...
concerned
...
shall
...
decide
...
upon
...
the
...
rules
...
and
...
mecha
...
nisms
...
for
...
management
...
and
...
allocation
...
of
...
capacity.
...
Congestion
...
-
...
management
...
rules
...
shall
...
include
...
the
...
obligation
...
to
...
offer
...
unused
...
capacity
...
on
...
the
...
market
...
and
...
users
...
of
...
the
...
facility
...
shall
...
be
...
entitled
...
to
...
trade
...
their
...
contracted
...
capacities
...
on
...
the
...
secondary
...
market.
...
In
...
the
...
assessment
...
of
...
the
...
criteria
...
referred
...
to
...
in
...
points
...
(a),
...
(b)
...
and
...
(f)
...
of
...
paragraph
...
1,
...
the
...
results
...
of
...
the
...
capacity-allocation
...
procedure
...
shall
...
be
...
taken
...
into
...
account.
...
Where
...
all
...
the
...
regulatory
...
authorities
...
concerned
...
have
...
reached
...
agreement
...
on
...
the
...
exemption
...
decision
...
within
...
six
...
months,
...
they
...
shall
...
inform
...
the
...
Agency
...
of
...
that
...
decision.
...
The
...
exemption
...
decision,
...
including
...
any
...
conditions
...
referred
...
to
...
in
...
the
...
second
...
subparagraph
...
of
...
this
...
paragraph,
...
shall
...
be
...
duly
...
reasoned
...
and
...
published.
...
5.
...
The
...
decision
...
referred
...
to
...
in
...
paragraph
...
4
...
shall
...
be
...
taken
...
by
...
the
...
Agency:
...
(a)
...
where
...
all
...
the
...
regulatory
...
authorities
...
concerned
...
have
...
not
...
been
...
able
...
to
...
reach
...
an
...
agreement
...
within
...
six
...
months
...
from
...
the
...
date
...
the
...
exemption
...
was
...
requested
...
before
...
the
...
last
...
of
...
those
...
regula
...
tory
...
authorities;
...
or
...
(b)
...
upon
...
a
...
joint
...
request
...
from
...
the
...
regulatory
...
authorities
...
concerned.
...
Before
...
taking
...
such
...
a
...
decision,
...
the
...
Agency
...
shall
...
consult
...
the
...
regu
...
latory
...
authorities
...
concerned
...
and
...
the
...
applicants.
...
6.
...
Notwithstanding
...
paragraphs
...
4
...
and
...
5,
...
Member
...
States
...
may
...
provide
...
for
...
the
...
regulatory
...
authority
...
or
...
the
...
Agency,
...
as
...
the
...
case
...
may
...
be,
...
to
...
submit,
...
for
...
formal
...
decision,
...
to
...
the
...
relevant
...
body
...
in
...
the
...
Member
...
State,
...
its
...
opinion
...
on
...
the
...
request
...
for
...
an
...
exemption.
...
That
...
opinion
...
shall
...
be
...
published
...
together
...
with
...
the
...
decision.
...
7.
...
A
...
copy
...
of
...
every
...
request
...
for
...
exemption
...
shall
...
be
...
transmitted
...
for
...
information
...
without
...
delay
...
by
...
the
...
regulatory
...
authorities
...
to
...
the
...
Agency
...
and
...
to
...
the
...
Commission
...
on
...
receipt.
...
The
...
decision
...
shall
...
be
...
notified,
...
without
...
delay,
...
by
...
the
...
regulatory
...
authorities
...
concerned
...
or
...
by
...
the
...
Agency
...
(notifying
...
bodies),
...
to
...
the
...
Commission,
...
together
...
with
...
all
...
the
...
relevant
...
information
...
with
...
respect
...
to
...
the
...
decision.
...
That
...
information
...
may
...
be
...
submitted
...
to
...
the
...
Commission
...
in
...
aggregate
...
form,
...
enabling
...
the
...
Commission
...
to
...
reach
...
a
...
well-founded
...
decision.
...
In
...
particular,
...
the
...
information
...
shall
...
contain:
...
(a)
...
the
...
detailed
...
reasons
...
on
...
the
...
basis
...
of
...
which
...
the
...
exemption
...
was
...
granted
...
or
...
refused,
...
including
...
the
...
financial
...
information
...
justi
...
fying
...
the
...
need
...
for
...
the
...
exemption;
...
(b)
...
the
...
analysis
...
undertaken
...
of
...
the
...
effect
...
on
...
competition
...
and
...
the
...
effective
...
functioning
...
of
...
the
...
internal
...
market
...
in
...
electricity
...
resulting
...
from
...
the
...
grant
...
of
...
the
...
exemption;
...
(c)
...
the
...
reasons
...
for
...
the
...
time
...
period
...
and
...
the
...
share
...
of
...
the
...
total
...
capacity
...
of
...
the
...
interconnector
...
in
...
question
...
for
...
which
...
the
...
exemption
...
is
...
granted;
...
and
...
(d)
...
the
...
result
...
of
...
the
...
consultation
...
of
...
the
...
regulatory
...
authorities
...
concerned.
...
8.
...
Within
...
a
...
period
...
of
...
two
...
months
...
from
...
the
...
day
...
following
...
receipt
...
of
...
notification
...
under
...
paragraph
...
7,
...
the
...
Commission
...
may
...
take
...
a
...
decision
...
requesting
...
the
...
notifying
...
bodies
...
to
...
amend
...
or
...
with
...
draw
...
the
...
decision
...
to
...
grant
...
an
...
exemption.
...
That
...
two-month
...
period
...
may
...
be
...
extended
...
by
...
an
...
additional
...
period
...
of
...
two
...
months
...
where
...
further
...
information
...
is
...
sought
...
by
...
the
...
Commission.
...
That
...
additional
...
period
...
shall
...
begin
...
on
...
the
...
day
...
following
...
receipt
...
of
...
the
...
complete
...
information.
...
The
...
initial
...
two-month
...
period
...
may
...
also
...
be
...
extended
...
by
...
consent
...
of
...
both
...
the
...
Commission
...
and
...
the
...
notifying
...
bodies.
...
When
...
the
...
requested
...
information
...
is
...
not
...
provided
...
within
...
the
...
period
...
set
...
out
...
in
...
the
...
request,
...
the
...
notification
...
shall
...
be
...
deemed
...
to
...
be
...
with
...
drawn
...
unless,
...
before
...
the
...
expiry
...
of
...
that
...
period,
...
either
...
the
...
period
...
is
...
extended
...
by
...
consent
...
of
...
both
...
the
...
Commission
...
and
...
the
...
notifying
...
bodies,
...
or
...
the
...
notifying
...
bodies,
...
in
...
a
...
duly
...
reasoned
...
statement,
...
inform
...
the
...
Commission
...
that
...
they
...
consider
...
the
...
notification
...
to
...
be
...
complete.
...
The
...
notifying
...
bodies
...
shall
...
comply
...
with
...
a
...
Commission
...
decision
...
to
...
amend
...
or
...
withdraw
...
the
...
exemption
...
decision
...
within
...
one
...
month
...
and
...
shall
...
inform
...
the
...
Commission
...
accordingly.
...
The
...
Commission
...
shall
...
preserve
...
the
...
confidentiality
...
of
...
commer
...
cially
...
sensitive
...
information.
...
The
...
Commission’s
...
approval
...
of
...
an
...
exemption
...
decision
...
shall
...
expire
...
two
...
years
...
after
...
the
...
date
...
of
...
its
...
adoption
...
in
...
the
...
event
...
that
...
construc
...
tion
...
of
...
the
...
interconnector
...
has
...
not
...
yet
...
started
...
by
...
that
...
date,
...
and
...
five
...
years
...
after
...
the
...
date
...
of
...
its
...
adoption
...
if
...
the
...
interconnector
...
has
...
not
...
become
...
operational
...
by
...
that
...
date,
...
unless
...
the
...
Commission
...
decides
...
that
...
any
...
delay
...
is
...
due
...
to
...
major
...
obstacles
...
beyond
...
the
...
control
...
of
...
the
...
person
...
to
...
whom
...
the
...
exemption
...
has
...
been
...
granted.
...
9.
...
The
...
Commission
...
may
...
adopt
...
Guidelines
...
for
...
the
...
application
...
of
...
the
...
conditions
...
laid
...
down
...
in
...
paragraph
...
1
...
of
...
this
...
Article
...
and
...
set
...
out
...
the
...
procedure
...
to
...
be
...
followed
...
for
...
the
...
application
...
of
...
para
...
graphs
...
4,
...
7
...
and
...
8
...
of
...
this
...
Article.
...
Those
...
measures,
...
designed
...
to
...
amend
...
non-essential
...
elements
...
of
...
this
...
Regulation
...
by
...
supplement
...
ing
...
it,
...
shall
...
be
...
adopted
...
in
...
accordance
...
with
...
the
...
regulatory
...
proce
...
dure
...
with
...
scrutiny
...
referred
...
to
...
in
...
Article
...
23(2).
...
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REGULATION (EC) No 714/2009 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL 06.01.2012. {tip} \\ |
