The regulatory regime applicable to electricity interconnectors with third countries : research project report

Interconnectors with third countries are currently outside the scope of the Electricity Directive1 and of the Electricity Regulation. Therefore, the provisions contained in these acts regarding third-party access and tariffs, unbundling, the destination of congestion income and capacity allocation do not apply to interconnectors with third countries. The regulatory regime introduced for PMIs by the revised TEN-E Regulation is unclear, as it is based on an application mutatis mutandis of a regime defined for PCIs, which are infrastructure project located within the EU, to which the provisions of the Electricity Directive and of the Electricity Regulation do apply. However, it seems that interconnectors with third countries can apply for PMI status and in fact several interconnectors with third countries have been granted such a status.