Tom Howes DG Energy European Commission. EU energy policy update. Renewables Directive: mandatory targets, national plans grid rules… ETS, reflecting a carbon price to achieve the cap. National (non ETS) emissions reductions strategies and measures
EU energy policy update
ETS, reflecting a carbon price to achieve the cap.
National (non ETS) emissions reductions strategies and measures
3rd package: unbundling, harmonised grid operation rules, network codes etc.
TEN-E priorities and project support
Infrastructure package: CEF proposal, planning reforms
Energy Efficiency Measures (including ESCOs)
Institutionally: ENTSOs, ACER, CEER…
Development of the longer term framework: 2050, 2030…The European energy strategy: what's already on the table?
The share of RES achieves at least 55% in gross final energy consumption in 2050, up 45 percentage points from today's level at around 10%.
2020 national target
Source: European Commission
Shorter term developments; learning from others
Grid integration of electricity from renewable energy sources
Renewables in Heating and Cooling
Renewables in transport
Regional and international dimensions
Regional markets are slowly coming together…
The bigger the balancing areas, the easier it is to integrate wind and solar power
With a fully functioning single market, we can better integrate renwables – reducing the patchwork, reducing/phasing out support, ensuring fair equal treatment.
Barriers are still significant
(Final report: http://www.eclareon.eu/sites/default/files/res_integration_final_report.pdf)
Final report: http://ec.europa.eu/energy/renewables/studies/renewables_en.htm
Significant efforts and financial means have gone into energy fundingSET plan sets priorities, seven European Industrial InitiativesNeed to add new priorities: ocean technologies, renewable energy integration (incl. storage), advanced materials and manufacturing for RES technologiesNext Multi-Annual Financial Framework (2014-2020) proposals prioritise "green" energy funding:- Cohesion funding to allocate some €17 billion to energy efficiency and renewable energy (doubling current allocations)- Horizon 2020: €6.5 billion is to be allocated to research and innovation in "Secure, clean and efficient energy"
Driving technology innovation
Impact Assessment explores effectiveness of different options at addressing key policy objectives
Source: European Commission |
http://ec.europa.eu/energy/renewables/index_en.htmThank you for your attention
Readiness for market integration: are the regulatory & competition conditions right for exposing renewable energy producers to market risk? (premiums, quotas)