FSR

FSR

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FSR episodes

  • EU ETS: Past Performances And Future | Claudio Marcantonini
    The European Union Emissions Trading System (EU ETS) is the largest cap and trade system in the world and this year marks its 10th anniversary. Since its beginning, it has been the subject of a vigorous debate. The EU ETS has created a functioning market for emission allowances with a clear price for carbon emissions. However, the carbon price has sharply declined in these last years and many observers think the instrument is too weak to support the transition to a low carbon society. Yet recently the European Council has taken important decisions to reform the EU ETS.
    This webinar provides an introduction to the EU ETS and an assessment of its performance. It also presents the current debate and the changing proposals to the EU ETS.
    40 min
  • The Completion Of The Energy Market | FSR Workshop Highlights
    Florence School of Regulation:
    FSR.EUI.eu
    Event Programme:
    http://fsr.eui.eu/Events/ENERGY/Workshop/2015/150130CompletionInternalEnergyMarket.aspx
    Introduction Alberto Pototschnig | FSR/EUI
    Session 1: Completing the Internal Energy Markets: Consumer Expectation
    Peter Claes | IFIEC, The expectation of energy intensive consumers
    Monika Štajnarová | BEUC, Is the internal energy market delivering for smaller consumers?
    Session 2: Progress Towards the Creation of an Internal Electricity Market
    Christophe Gence-Creux | ACER, Where do we stand?
    Roundtable: Priorities for completing the internal electricity market
    Robert Staschus| ENTSO-E
    Hans Randen | NordPool Spot/Europex
    Session 3: Progress Towards the Creation of an Internal Gas Market
    Dennis Hesseling | ACER, Where do we stand?
    Roundtable: Priorities for completing the internal gas market
    Tom Maes | AGWG, (Via conference call, not in video)
    Vittorio Musazzi | ENTSOG
    Overview:
    In the conclusion of its meeting on 4 February 2011, the Council of the European Union set 2014 as the target date for the completion of the Internal Electricity and Gas Markets. This goal was reaffirmed in the conclusions of the meeting on 22 May 2013.
    Significant progress has been achieved towards meeting this objective, both in terms of the development of the required market and network operation rules and on the ground. In fact, in terms of rulemaking, two network codes have already been adopted, a third one should be adopted soon and ten more have already been recommended for adoption to the European Commission and they could soon enter into the Comitology process. Moreover, a number of the main provisions in these network codes have already been implemented in practice, through the voluntary cooperation of national regulatory authorities (NRAs), transmission system operators (TSOs) and other stakeholders. This early implementation approach has been supported by the Agency for Cooperation of Energy Regulators (ACER), which has coordinated the definition of a number of Roadmaps for the rapid and effective integration of the electricity and gas markets, to deliver tangible benefits to EU energy consumers as soon as possible.
    In the electricity day-ahead timeframe, a single market-coupling platform operates, since May 2014, to determine prices and cross-border flows on a large part of the EU, from the Straits of Gibraltar to the Barents Sea. Similarly, a single platform is already used for allocating capacity on the majority of internal EU gas interconnection points.
    However much still remains to be done. The first coordinated auction for long-term electricity cross-border transmission rights is expected to take place in the second half of 2015, on the basis of harmonised auction rules currently being developed. In the intra-day timeframe of the internal electricity market, the development of a single continuous-trading, market-coupling platform has been repeatedly delayed and the go-live is now expected by the end of 2015 at the earliest, more than two years later than originally planned. Liquidity of many gas hubs still needs to be enhanced so that they could provide robust price signals to determine the efficient flow of gas across the EU.
    A well-functioning internal energy market is also increasingly recognised as an important contributor to the security of energy supply of the EU, as well as a pre-requisite for any additional measure to promote such security.
    This Workshop aims at reviewing progress in the creation of a single market in electricity and gas across the EU and at identifying what is still missing so that EU consumers can reap the full benefits.
    The Workshop will be structured in three sessions. Session I will be devoted to assess energy consumers’ expectations from the internal energy market and the benefits already accrued to them. Sessions II and III will aim at reviewing progress towards the creation of a single market in electricity and natural gas, respectively.
    13 min
  • FSR Manifesto: An EU agenda for the upcoming 5 years of regulation of infrastructures
    http://fsr.eui.eu/Publications/BOOKLET/Other/FSRManifesto.aspx
    The FSR Manifesto is the first systematic attempt that the Florence School of Regulation (FSR) has done to critically reflect upon the achievements of the second Barroso Commission in the various network industries. It also endeavours to establish a realistic outlook onto the challenges that await the Juncker Commission in the various network industries in terms of regulatory policy. On the basis of FSR 10-year experience, four FSR Area Directors and Research Associates, have been observing, analysing and making policy recommendations in the areas of energy, communications and media, transport and water regulation.
    26 min
  • Energy Efficiency And Climate Change Mitigation: are we doing enough? | FSR Climate
    Online Live Debate recording
    http://www.eui.eu/Projects/FSR/Events/ENERGY/Debates/2015/150114EnergyEfficiencylivedebate.aspx
    Energy efficiency has become a hot topic in energy and climate domains. Yet, is energy efficiency a real key issue for climate change mitigation? How can it be promoted? Mostly through energy pricing? Is the rebound effect a relevant issue?
    These and other key questions will be debated by Tyler Bryant, Energy Policy Analyst, International Energy Agency, and Matthew Kotchen, Professor, Yale University, during an on-line debate on Wednesday, 14 January, at 15.30. The debate will be chaired by Xavier Labandeira, Director of FSR Climate.
    45 min
  • Capacity mechanisms- Legal issues | Malgorzata Sadowska
    Author: Malgorzata Sadowska | FSR
    Category: FSR webinar recording
    Level: intermediate
    Date of release: December 2014
    Recorded on 17th December 2014
    How does EU law treat capacity mechanisms?
    A number of European countries are concerned about the security of their electricity supply and set up capacity mechanisms to encourage investment in new generation or support existing and less profitable conventional power plants.
    The European Commission closely examines these state-driven measures under EU law, as their uncoordinated implementation across Europe might have negative effects on the increasingly interconnected energy markets and thwart EU energy policy objectives.
    What restrictions can the EU law impose on capacity mechanisms to minimise the distortions of the internal energy market? Can state aid, competition policy and internal market rules work?
    http://fsr.eui.eu/Events/ENERGY/Webinar/2014/141217SadowskaWebinar.aspx
    This is a recording of webinar held on 17th December 2014, moderated by Riccardo Galletta | Florence School of Regulation
    --
    Music "I Could Use Time to Just Chill With You" by Ben Seretan is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License.
    42 min
  • Workshop Highlights | Energy Efficiency and Climate Policies: A Scoping Meeting for FSR Climate
    Florence School of Regulation
    FSR.EUI.eu
    Organiser: Xavier Labandeira | Director, FSR Climate/EUI
    Sala del Capitolo, Badia Fiesolana
    Via dei Roccettini, 9 – San Domenico di Fiesole
    7 November 2014
    Session 1: General framework
    Introduction and presentation of participants, Xavier Labandeira
    Energy efficiency and climate policy: the big picture, Tyler Bryant
    Energy efficiency policy instruments: issues for application, Lisa Ryan
    EU energy efficiency policies, Serena Pontoglio
    Energy efficiency and interactions with other climate policy instruments, Oskar Lecuyer
    Session 2: Research needs and gaps
    Issues for future energy efficiency policies in the EU residential sector, Paolo Bertoldi
    Energy efficiency policies: the vision of an international power company, Gonzalo Sáenz
    Funding energy efficiency, Juan Alario/Manuel Dueñas (not in video)
    Unlocking energy efficiency in transport, Andreas Schäfer
    Session 3: Ex-post analysis
    Energy efficiency policy: issues, methods and data, Matthew Kotchen
    An overall assessment of energy efficiency instruments, Magnus Söderberg
    Nudging energy efficiency, Giovanna D’Adda
    Policy packages, distribution and empirical results for Spain, Xavier Labandeira/Ana Ramos
    Some empirical results for France, Louis-Gaëtan Giraudet
    Some empirical results for Germany, Kathrine Von Graevenitz (not in video)
    14 min
  • Which Regulation To Finance Transmission Investment? | Vincent Rious and Arthur Henriot
    Which regulation to finance transmission investment ?
    Live Debate with Vincent Rious and Arthur Henriot
    FSR.EUI.eu
    10th December 2014
    Which regulation to finance transmission investment in the power sector ?
    The development of the European electricity transmission grid plays a key role in the European Union’s strategy to address challenges such as decarbonisation of the generation mix, security of supply and market integration. European objectives of network development in the coming years are ambitious: the projects listed in the ENTSO-E TYNDP 2014, that account for only a part of the total investment needs, amount up to 150 billion euros by 2030.
    In a business-as-usual scenarios, regulated Transmission System Operators (TSOs) might not be able to cope with this substantial amount of investment. A new regulatory regime, taking into account the ability of TSOs to finance the investments required for projects of pan-European significance, will be needed.
    42 min

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