2011 discharge: Agency for the Cooperation of Energy Regulators (ACER)

PURPOSE: presentation by the Commission of the consolidated annual accounts of the European Union for the financial year 2011, as part of the 2011 discharge procedure.

Analysis of the accounts of the Agency for the Cooperation of Energy Regulators (ACER) – new agency.

CONTENT: this Commission document sets out the consolidated annual accounts of the European Union for the financial year 2011 as prepared on the basis of the information presented by the institutions, organisations and bodies of the EU, in accordance with Article 129 (2) of the Financial Regulation applicable to the EU's General Budget, including the Agency for the Cooperation of Energy Regulators (ACER).

In 2011, the tasks and budget of this agency were as follows:

§         description of ACER's tasks: ACER, which is located in Ljubljana, was set up by Regulation (EU) No 713/2009 of the European Parliament and of the Council with a view to helping the Member States’ regulatory authorities in the areas of electricity and natural gas to carry out their regulatory tasks in line with the applicable Community texts, if necessary by coordinating their action;

§         ACER's budget for the 2011 financial year: ACER’s budget for 2011, as presented in the Commission document on the consolidated annual accounts of the European Union, gives the following figures:

§         forecasted income budget: EUR 4 million;

§         entitlements established: EUR 4 million;

§         amounts received: EUR 4 million;

§         outstanding: EUR 0 million.

The complete version of ACER’s final accounts may be found at the following address:

http://www.acer.europa.eu/Official_documents/Publications/Pages/Publication.aspx