(4)

‘wholesale energy products’ means the following contracts and derivatives, irrespective of where and how they are traded: contracts for the supply of electricity or natural gas where delivery is in the Union; derivatives relating to electricity or natural gas produced, traded or delivered in the Union; contracts relating to the transportation of electricity or natural gas in the Union; derivatives relating to the transportation of electricity or natural gas in the Union. Contracts for the supply and distribution of electricity or natural gas for the use of final customers are not wholesale energy products. However, contracts for the supply and distribution of electricity or natural gas to final customers with a consumption capacity greater than the threshold set out in the second paragraph of point (5) shall be treated as wholesale energy products;

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Source: EUR-Lex (Cellar) · retrieved 2026-10-30 · Text as adopted (Official Journal); later amendments are not incorporated in this text.