Regulation for the Energy Union- Implement and update by Bente Hagem
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Transcript of Regulation for the Energy Union- Implement and update by Bente Hagem
REGULATION FOR THE ENERGY UNION: IMPLEMENT AND UPDATE!
Bente Hagem, Chair of the Board
20 November 2015ENTSO-E Annual Conference Brussels
Integrated wholesale markets
Establishment of ACER and ENTSOs
More NRA and TSO cooperation
TYNDP
TSO unbundling
Network codes – 800 pages!
The Third Package has delivered
It is time to implement
Complete wholesale markets across Europe
Establish intraday markets
Develop regional
balancing markets
Establish RSCIs
Establish Capacity Calculation regions
Establish regional adequacy assessment
Key success factors for TSOs and NRAs:
• Regional approach
• Monitor progress
• Share best practice
• Complete what is missing
NETWORKCODES
Regulatory gaps to be filled
• Customers to see price signals – empower consumers • Dynamic pricing of energy • Tariffs reflecting use of capacity• Subsidy scheme and taxes to value flexibility
1. Link retail-wholesale
• Regional procedures in scarcity situations• Ensure cross-border participation whenever CRMs are implemented• Regional and European system adequacy assessment, by ENTSO-E
2. New role for DSOs • Regulated and neutral data-hubs, and smart meters• Manage congestions in distribution grid• Building markets for demand-side response together with TSOs
3. SoS directive
MARKET DESIGN• Low entrance barriers for new
suppliers• Change of supplier made easy• Floating or fixed price• Future tariffs reflecting constraints
MAKING USE OF SMART IT• Smart meters to empower
consumers• Data-hubs for easy administration,
billing and enabling of smart grid apps
• Consumers to sell flexibility to retailers or to aggregators
Case: Retail-Wholesale integration in the Nordics
Customers DSO's Retailers
Finland 3,5 mill 80 120Norway 2,9 mill 130 110Sweden 5,2 mill 170 170
Denmark 3,3 mill 65 60
Source: NordREG status report 2- 2015, and Nordic TSO updates
Case implementation: Regional approach - Penta in Central West Europe
PARTICIPANTS• Ministries• Regulators• TSOs• Power exchanges• Market participants
DELIVERABLES• Regional market
coupling• Flow-based• Intraday markets• Regional planning• Regional adequacy
assessment• RSCs like Coreso, TSC
FOUNDATION• Political
commitment• Priority of
participants• Respecting roles• Building trust
We need a "YES I DO" from many at the same time
A role for ENTSO-E: ensure IMPLEMENTATION
• Flow-based• RSCIs• Intraday platforms• Removing barriers• Dynamic pricing
… and more
… keeping up speed
ENTSO-E has to to ensure TRUST in all we do
Efficiency through trust
• Transparency• Stakeholder committees• Co-creation• Independent advisory
board
… and more
… by keeping speed
We need to CONNECT the European regions
A role for ENTSO-E: to CONNECT
• Ensure European approach• Develop interoperability• Balance regional vs. European
perspectives• Collect and promote best
practise, developing target models
… and more
… keeping up speed
THANK YOU FOR LISTENING
YES to IMPLEMENT TRUST CONNECT
Bente Hagem, Chair of the Board