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Notices and Announcements

Environment

Notices and Announcements Environment Markets

01/02/2024

Amendments to the Rules of Operation of the MCIC and to Technical Rules nos. 3 and 5: introduction of additional types of CICs


GME informs Market Participants that, as of today, with the publication on its website, the amendments to the “Rules of Operation of the Market of certificates of release to consumption of biofuels” (MCIC Rules), have entered into force. The MCIC Rules have been revised pursuant to article 3, para. 3.6 of the same Rules in order to implement the provisions laid down in Decree no. 107, adopted by the Ministry of Environment and Energy Security on 16 March 2023.

The purpose of the amendments is to enable the trading, within the MCIC, of the additional types of Certificates of Release to Consumption (CICs) introduced by the above-mentioned Decree.

With the aim of managing these additional types of CICs, the updated versions of Technical Rules MCIC nos. 3 and 5, i.e. the implementing and procedural provisions of the MCIC Rules, have also entered into force as of today. These updated versions of the Technical Rules fully replace the previous versions published on GME’s website.

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