ANNEXU.K.
In Annex III to Regulation (EU) No 1031/2010, the table is replaced by the following:
| ‘Auction platforms appointed by Germany | ||
|---|---|---|
| 1 | Auction Platform | European Energy Exchange AG (EEX) |
| Term of appointment | From 1 September 2012 at the earliest until at least 31 March 2013 and 31 December 2013 at the latest, without prejudice to the second subparagraph of Article 30(5). | |
| Conditions | Admission to the auctions shall not be dependent on becoming a member of or a participant in the secondary market organised by EEX or of any other trading place operated by EEX or by any third party. | |
| Obligations | Within two months from 1 September 2012, EEX shall submit its exit strategy to Germany for consultation of the auction monitor. Within two months from receiving the auction monitor’s opinion, EEX shall review its exit strategy, taking the utmost account of that opinion. Germany shall notify the Commission of any substantive changes in relevant contractual relations with EEX.’ | |