Council Agrees On the Nuclear Safety Directive

Agreement on the content of the revised Nuclear Safety Directive has now been reached by the 28 Member States of the EU. The new directive introduces new EU-wide safety objectives...

Update on EU ETS reform

The long story of ETS reform continues to be complicated. Expectations for the second half of 2014 are: progress in the Co-Decision process on the draft Stability Reserve Mechanism; more clarity on the new linear factor for 2021-30 in light of the European Council’s (hoped for) endorsement in October of the EU -40% greenhouse gas emissions reduction target for 2030.

European Commission updated state aid regime

09/04/2014 The European Commission adopted revised Guidelines on Energy and Environment Aid (EEAG), due to enter into force on 1 July 2014. The new guidelines pave the way for less distortive support measures and market integration of supported power generation: by extending balancing responsibility, moving from feed-in tariffs to less distortive schemes like feed-in premiums, and adopting competitive bidding...

ACER: Draft Network Code on Electricity Balancing Is Not Ambitious Enough

04/04/2014 Following the submission by ENTSO-E of the draft Network Code on Electricity Balancing at the end of December, the Agency for the Cooperation of Energy Regulators (ACER) published on 21 March its ‘reasoned opinion’ on the document. ACER notes that the network code will bring significant added value in supporting the creation of a European balancing market ...

Results of the European Council on 20-21 March 2014

The European Council meeting on 20-21 March had been scheduled to discuss growth and jobs, industrial competitiveness, and the Commission’s 2030 climate and energy proposals. The Council conclusions commit to taking a decision on the 2030 greenhouse gas target “no later than October 2014”...

EURELECTRIC Welcomes Go-Live of Day-Ahead Market Coupling in North-Western Europe

14/02/2014 Following the postponement of the initially planned go-live date in November 2013, day-ahead market coupling in the North-Western Europe (NWE) region was successfully launched last week. As a strong proponent of European market integration, EURELECTRIC welcomed the go-live as an important milestone towards building integrated spot markets ...