The EESC welcomes the Commission's proposal for a new market design, a risk preparedness regulation and the new organisation of the energy regulators' cooperation. The Committee highlights that well-functioning electricity markets are a precondition for fulfilling the goals of the Energy Union. For the markets to function well, significant changes in the market design are necessary, particularly due to the increasing use of variable renewable electricity. The EESC appreciates the general approach of the market design package, especially the goals of putting consumers at the heart of the energy market, increasing electricity supply and strengthening regional cooperation.
Revision of the TEN-E Regulation guidelines - Related Opinions
Pages
Displaying 21 - 26 of 26
The EESC welcomes the "clean energy" package, which aims to accelerate, transform and consolidate the EU economy's clean energy transition, while pursuing the important goals of economic growth and job creation. The proposed package includes important proposals in the areas of renewable energies and electricity market design and regulation, energy efficiency and energy performance of buildings, energy innovations, transport, and governance – and the Committee views many of the initiatives favourably. However, the opinion – drawing on nine other opinions concerned with the individual proposals of the clean energy package – also identifies a number of challenges that civil society and co-legislators need to be aware of.
The EESC recognizes the importance of a new energy market design for achieving the ambitious climate-related policy goals of the European Union, most notably the expansion of renewable energy. The Committee acknowledges that many of the measures proposed by the European Commission in its Communication, such as the establishment of intraday markets or the removal of market-distorting national regulations, are steps in the right direction. However, the EESC would like the Commission to be more ambitious, in particular in terms of ensuring that energy prices become more transparent and reflect actual generation and external costs, consumers receiving adequate information and resources to become active market participants, and obstacles to market access for emerging local 'prosumers' being identified and removed.
Delivering the internal electricity market and making the most of public interventions
Progress towards completing the Internal Energy Market
ACER Market Monitoring Report 2014
ENTSO-E Position Paper Energy Union
CEPS Task Force Report Electricity Market Design
Vers l’achèvement du marché intérieur de l’énergie: état des lieux
Réaliser le marché intérieur de l’électricité et tirer le meilleur parti de l’intervention publique
The EESC considers that enhanced European cooperation on energy networks is essential for the general public and businesses. Civil society and regional players have a key role to play in energy transition, the only means of guaranteeing efficiency, price control and efforts to combat climate change. The EESC proposes that platforms for discussion between regions and civil society representatives be set up at the joint initiative of the European Economic and Social Committee and the Committee of the Regions, to include the economic and social councils or similar institutions of each Member State.
Displaying 21 - 26 of 26