2014 is the target date for completion of the internal energy market. Much has already been achieved. At the same time, national intervention in electricity markets, for reasons of security of supply or renewables policies, risks distorting competitive markets, secure network operation and investment signals, and jeopardizing the 2020 objective. Bird & Bird is organising a one day conference in Brussels on 4 February 2014 to look at key issues associated with this.
On 5 November, the European Commission published a Communication on delivering the internal electricity market and making the most of public intervention, together with accompanying guidance. Other important initiatives like the Draft Guidelines on Environmental and Energy Aid for 2014-2020 followed. Does national intervention in energy markets, through renewables support mechanisms, capacity markets and other national policies, threaten the completion of the internal energy market in 2014, and threaten investment? How can Member States intervene most constructively?
The conference will provide an early opportunity to debate the issues highlighted by the Communication. 23 expert speakers from the European Commission, national regulators, energy companies, service providers and the academic world, as well as Bird & Bird, will discuss the practical legal and regulatory issues resulting from capacity markets and renewables support mechanisms, and the ways in which network security can be ensured, investment properly incentivised and market distortion minimised.
The programme includes:
- Keynote address Philip Lowe, former Director General, DG Energy, European Commission, Brussels: Europe at the threshold of the internal energy market: what have we achieved, and what is yet to come?
- Session 1 – Promoting Integration of the Internal Energy Market
- Reuben Aitken, Senior Manager, European Electricity Transmission policy, Ofgem: Cross-border cooperation mechanisms under the Renewables Directive and the Commission Communication – a national regulator’s perspective
- Henrik Bjørnebye, Associate Professor, Scandinavian Institute of Maritime Law: Assessment of the Sweden/Norway renewables support mechanism
- Stefan-Jörg Göbel, Managing Director, Statkraft Markets: Integrating renewables into the ManyElectronics market
- Session 2 – The Role of Demand Side Response
- Anne-Sophie Chamoy, Head of Legal & Regulatory, Energy Pool: The legal framework for DSR in Europe
- Thomas Veyrenc, Director Markets Department, Réseau de Transport d’Électricité: Integrating DSR from the TSO perspective
- Martin Iffert, CEO, Trimet Aluminium: Obstacles and chances of DSR from an industrial perspective
- Session 3 – Minimising Distortion of the IEM
- Robin McCormick, General Manager SONI and General Manager SEMO: Cross-border issues under the SEM capacity payments mechanism
- Tadhg O’Briain, DG Energy: Minimising the impact of public intervention – inside the Commission’s communication and guidance package
- Marcel Cailliau, Head of Regulatory Affairs Power BEE, GDF Suez: Capacity mechanisms from the generator’s perspective
- Seabron Adamson, Charles River Associates: Tackling potential abuses of capacity mechanisms
- Christoph Riechmann, Director, Frontier Economics: Modelling a capacity mechanism for the German market
- Session 4 – Interconnectors
- Stephanie McGregor, General Manager Grid Systems UK, ABB: A supplier’s perspective on current and future obstacles to interconnectors delivering security and integration of the European internal energy market
- Kevin Sara, CEO, Nur Energie: A merchant project developer’s perspective
- Lars Kyrberg, Corporate Counsel, TenneT TSO: Interconnectors in the IEM – a TSO´s assessment of the technological, commercial and regulatory challenges
- Wolfram Vogel, Director Public Affairs & Communications, EPEX SPOT: The role of power exchanges in interconnecting energy markets
- Keynote address Konstantin Staschus, Secretary-General, ENTSO-E: Europe on the threshold of an internal energy market: the technical aspect. What has been achieved? What still needs to be achieved? How secure is the system?
If you are interested in attending, you can find further information here.
Source: Bird & Bird
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