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. The 2014 target and the role of the Regional Initiatives. GRI NW Stakeholder Group Meeting 25 November 2011 Krist ó f Kov á cs. Getting to 2014 - Agenda. Completing the Internal Energy Market The role of the Regional Initiatives Progress to date and main challenges to come
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The 2014 target and the role of the RegionalInitiatives GRI NW Stakeholder Group Meeting 25 November 2011 Kristóf Kovács
Getting to 2014 - Agenda Completing the Internal Energy Market The role of the Regional Initiatives Progress to date and main challenges to come The way forward
Completing the Internal Energy Market Plenty of work left to do Target dates set by European Council What is to be done? Implementing Third energy package Harmonising market and network operation rules Enhancing investments in infrastructure - Connecting isolated markets Enforcing competition and State aid rules Promoting regional initiatives
Role of the Regional Initiatives • Forum for cooperation between all relevant actors (NRAs, TSOs, Market Parties) • Addressing specific regional needs • allowing for different speeds and • tailor-made agenda-setting • Practical testing of possible solutions in a pro-active manner
Getting to 2014: Role of the GRIs • Role is the same, but work will be different • Early implementation of FGs and NCs to discover best practices • Pilot projects to discover the need for harmonization in NCs • Moving ahead instead of waiting for a Europe-wide solution
The Role of GRI NW towards 2014How to proceed? • Good results from this region in the past (transparency, DA Pilot, STC, investment)… • …are not a guarantee for success in the future. • Last years output has suffered as result of ‘competing’ work on EU-level • Points to work on: • Ensure broad stakeholder involvement • Be pro-active • Set an example for the other GRIs
The Role of GRI NW towards 2014In practice • Three priorities • Early implementation • E.g. of FGs and NCs: bundling platform, Oversubscription and Buy-back • Regional Investment Planning • GRIPs, cross-border investments, • Pilot testing • E.g. investigating need for market coupling in gas, regional solution to gas quality issues,
Regulation on guidelines for trans-European energy infrastructure • Implementation of 12 priority corridors/areas, necessary to meet EU’s energy and climate policy goals by 2020 and beyond… • …by providing policy and regulatory certainty through a stable and appropriate regulatory framework to promote the necessary investments.
Priorities for 2020 and beyond Priorities for 2020 Priorities beyond 2020 Electricity Highways CO2 transport network
EU infrastructure priorities TYNDP and CBA (electricity: 2014, gas: 2015) Regional Groups to propose regional PCI lists Approval by concerned Member States Energy & Climate Objectives ACER opinion ENTSOs public consultation Commission decision on Union-wide PCI list By 30 July 2013 National / regional TYNDP with PCIs Overview of the process of identification of projects of common interest
Process of identification of projects of common interest (PCI) – step by step ASAP • For each priority establishment of Regional Groups composed of MS representatives, NRAs, TSOs, Project promoters, Commission, ACER, ENTSOs ASAP 2) Project promoters to submit application to Groups ASAP • 3) Groups to draw up a proposed list of PCIs: • Based on criteria included in Art. 4 • From 2014/2015: with new CBA (as part of TYNDPs) • Projects shall be approved by concerned MS 31/1/2013 4) Groups to transmit proposed list to ACER 30/4/2013 5) ACER to transmit opinion to the Commission 31/7/2013 6) Commission decision on Union-wide PCI list Process repeated every 2 years