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Implement and update regulation for the Energy Union
1. REGULATION FOR THE ENERGY UNION:
IMPLEMENT AND UPDATE!
Bente Hagem,
Chair of the Board
20 November 2015
ENTSO-E Annual Conference
Brussels
2. Integrated wholesale markets
Establishment of ACER and ENTSOs
More NRA and TSO cooperation
TYNDP
TSO unbundling
Network codes – 800 pages!
The Third Package has delivered
3. It is time to implement
Complete wholesale
markets across Europe
Establish
intraday markets
Develop
regional
balancing
markets
Establish
RSCIs
Establish Capacity
Calculation regions
Establish
regional
adequacy
assessment
Key success factors for TSOs and NRAs:
• Regional approach
• Monitor progress
• Share best practice
• Complete what is missing
NETWORK
CODES
4. Regulatory gaps to be filled
• Customers to see price signals – empower consumers
• Dynamic pricing of energy
• Tariffs reflecting use of capacity
• Subsidy scheme and taxes to value flexibility
1. Link retail-wholesale
• Regional procedures in scarcity situations
• Ensure cross-border participation whenever CRMs are implemented
• Regional and European system adequacy assessment, by ENTSO-E
2. New role for DSOs • Regulated and neutral data-hubs, and smart meters
• Manage congestions in distribution grid
• Building markets for demand-side response together with TSOs
3. SoS directive
5. MARKET DESIGN
• Low entrance barriers for new suppliers
• Change of supplier made easy
• Floating or fixed price
• Future tariffs reflecting constraints
MAKING USE OF SMART IT
• Smart meters to empower consumers
• Data-hubs for easy administration,
billing and enabling of smart grid apps
• Consumers to sell flexibility to retailers
or to aggregators
Case:
Retail-Wholesale integration in the Nordics
Customers DSO's Retailers
Finland 3,5 mill 80 120
Norway 2,9 mill 130 110
Sweden 5,2 mill 170 170
Denmark 3,3 mill 65 60
Source: NordREG status report 2- 2015, and Nordic TSO updates
6. Case implementation:
Regional approach - Penta in Central West Europe
PARTICIPANTS
• Ministries
• Regulators
• TSOs
• Power exchanges
• Market participants
DELIVERABLES
• Regional market coupling
• Flow-based
• Intraday markets
• Regional planning
• Regional adequacy
assessment
• RSCs like Coreso, TSC
FOUNDATION
• Political commitment
• Priority of participants
• Respecting roles
• Building trust
7. We need a "YES I DO" from many at the same time
A role for ENTSO-E: ensure IMPLEMENTATION
• Flow-based
• RSCIs
• Intraday platforms
• Removing barriers
• Dynamic pricing
… and more
… keeping up speed
8. ENTSO-E has to to ensure TRUST in all we do
Efficiency through trust
• Transparency
• Stakeholder committees
• Co-creation
• Independent advisory board
… and more
… by keeping speed
9. We need to CONNECT the European regions
A role for ENTSO-E: to CONNECT
• Ensure European approach
• Develop interoperability
• Balance regional vs. European
perspectives
• Collect and promote best practise,
developing target models
… and more
… keeping up speed
10. THANK YOU FOR LISTENING
YES to IMPLEMENT TRUST CONNECT
Bente Hagem,
Chair of the Board