Winter [Package] is comingWhat is in for the electricity market design?
Anne-Malorie Géron
Chair of EURELECTRIC WG Wholesale Market Design
Stockholm, 24 November 2016
Our priorities
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•
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Carbon-neutrality by 2050
Electrification of transport, heating & cooling
Reliable & competitive supply through a sound market design
Consumers in power
DSOs as neutral market facilitators
EUURELECTRIC Winter Package solutions
THE ELECTRICITY CONSUMER IN THE DRIVING SEAT…
….CRITICAL ENABLERS
LIBERALIZE
RETAIL PRICES
REMOVE
BARRIERS TO
DYNAMIC
OFFERS
SMART METER
ROLL-OUT
SOUND
REGULATORY
FRAMEWORK
FOR DATA
MANAGEMENT
EFFICIENT
RETAIL
PRICING
STRUCTURES
A future-proof market design
ENERGY
FLEXIBILITY
CAPACITY
Selling KWh
Adjusting to
short-term
variations
Firm capacity
for security of
supply
Markets:
Markets:
Markets:
• Day-ahead,
intraday, balancing
markets, ancillary
services
• Market-based
capacity
mechanisms where
relevant
• Forward, dayahead, intraday
markets
7
Energy and flexibility: Implement no regret options
Integrated
forward,
intraday, dayahead
markets
Efficient
balancing
and ancillary
services
markets
Improved
design of
balancing
and intraday
markets
8
A market fit for RES… and RES fit for the market
Integrate RES in the market; ensure they are balancing
responsible
Strengthen the EU-ETS
Ensure that possible RES support is market-based and costefficient
Source: EURELECTRIC, 2016
9
Develop a regional approach to system adequacy
Clear security
of supply
targets
Regional
scenarios
Economic
viability of
assets
Sound and
transparent
methodology
Taken into account
when introducing
capacity
mechanisms
10
KEY MESSAGES: to decarbonise...
Clean-up the bill and engage customers!
Implement market-based solutions
Develop a regional approach to security of
supply
Where relevant, introduce market-based
capacity mechanisms with cross-border
participation
Winter Package: What do we expect?
Internal Energy Market


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ACER Regulation
Electricity Directive
Electricity Regulation
Communication on Energy Infrastructure &
Electricity Interconnection
 Risk preparedness regulation (SoS)
 Energy Union Governance Regulation
Research and Innovation
 Energy Innovation
Cross cutting initiatives
 Energy Union Governance
Regulation
 2nd State of the Energy
Union Report 2016
Decarbonisation
 Review of the RES Directive
(RESD)
 Bioenergy sustainability policy for
2030
 Communication on Waste to
Energy
Energy Efficiency
 Review of the Energy Efficiency
Directive (EED)
 Review of the Energy
Performance of Buildings
Directive (EPBD)
The legislative process of the “Winter Package”
(estimated)
European Commission
Nov/Dec 2016
European Parliament
Council of the EU
The legislative process of the “Winter Package”
Beg 2017
European Parliament
Discussions and vote at committee level
Council of the EU
Working Party on Energy
First reading of the Parliament
Plenary vote
Sept 2017
Text adopted in first reading
Working Party Energy
COREPER I – Martens
Council TTE
First reading of the Council on the
text voted by the Parliament
Jan 2018
Thanks for your attention!