Introduction FUI SG Conference – Dublin 16 June 2010 Martin Crouch Partner – European Strategy.
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Transcript of Introduction FUI SG Conference – Dublin 16 June 2010 Martin Crouch Partner – European Strategy.
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Introduction
FUI SG Conference – Dublin16 June 2010
Martin CrouchPartner – European Strategy
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Overview
• EU energy policy: priorities and legislation• The “Third Package”: key elements• ACER: the evolving role of the European Regulators• Regional Initiatives: developing regional markets
and implementing practical solutions
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PART 1 – SOME CONTEXT
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Competitive markets
Security of Supply
Sustainability
Q) How to achieve “security, sustainability + competitiveness”?
Single European Electricity Market
EU POLICY PRIORITIES
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• Already in place (examples)– 2nd package (still being implemented)– First renewables directive and ETS phases 1 and 2– Energy services directive– Congestion management guidelines
• Adopted but not yet implemented– 3rd package– Green package– Inter-TSO Compensation
• Expected– Energy Infrastructure Package– Energy Market integrity legislation– Transparency Guidelines
• DG COMP and court cases
LEGISLATION
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OVERALL TIMETABLE
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PART 2 – ACER “EMPOWERING REGULATORS”
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ACER’S ORGANISATIONAL STRUCTURE
Director
Board of Regulators(BoR)
Administrative Board(AB)
Board of Appeals(BA)
Responsible for budget
Needs to give a favourable opinion to adopt opinions
or decisions
Head of Gas Unit Head of Electricity Unit
xxx xxx xxxxxx
Decides on appeals of legally-binding
decisions
Legal, Finance, HR, etc…
Budget: € 8-9 MStaff: 40-50
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ESTABLISHMENT OF THE AGENCY
Appoint Director
April/May 10 March 11
Agency becomes operational
Dec 09
Decision onlocation
Staff recruitment
Welcome to Ljubljana…
Remainder 2010
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Areas for codes cf. Article 8 (6) (a) – (l) of the Regulation (EC) 714/2009Framework Guidelines cf. EU Commission Presentation of the 3rd Package at the XVI Florence Forum
(http://ec.europa.eu/energy/gas_electricity/doc/forum_florence_electricity/meeting_016.zip )
System Operation FG
System Operation FG System Operation FG
System Operation FGConnection FG
European Tariff FGMarket Information FG Balancing FG
Wholesale Market FGWholesale Market FG
LEGEND:
Network codes
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OTHER FUNCTIONS
• Resolving cross-border disputes (includes exemption)– Six month period to produce a final or interim decision
• “Peer Review” of NRA decisions– Commission can request ACER to peer review any NRA decision– Check compliance with European legislation– Four months for Regulator to comply
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PART 3 – REGIONAL INITIATIVES
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• Tri-lateral market coupling and CWE
• Nordpool and EMCC
DEVELOPING REGIONAL MARKETS
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