FSR

Regulation (EU) No. 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency (REMIT), which entered into force in December 2011, aims at promoting transparency in wholesale energy markets and detecting and deterring market abusive behaviour on these markets. It introduces the explicit prohibition of market manipulation, attempted market manipulation and insider trading, as well as transparency and reporting obligations for market participants and other stakeholders. It also envisages the establishment of an unprecedented market monitoring framework, in which data on wholesale energy market transactions, together with fundamental data, are reported to the Agency for the Cooperation of Energy Regulators (ACER), which is responsible for their screening and initial analysis and assessment. Suspicious events are then notified to national competent authorities (NCAs), typically National Regulatory Authorities for energy (NRAs), for investigation and enforcement.

Usage rights, the competition processes for granting them, and the arising joint obligations vary considerably across different States.

These differences might not be driven by efficient economic or environmental criteria and could introduce competition distortions within the European common electricity market.

Despite the European Commission has, over the last decade, opened several infringement procedures to prompt the implementation of competitive processes, European countries have not yet undertaken an integrated common approach:

Objective of this webinar are:

• To shed light on state-of-the-art hydropower regulatory regimes in ten European countries

• To study the actions of European Institutions regarding these regimes and their possible distortions

• To discuss the need to create a continental level playing field for hydropower regimes

Vincent Rious is Vice-Président Régulation at Microeconomix in Paris and adviser of the Florence School of Regulation. He has recently published a policy brief on the topic of this webinar.

Technological developments are reshaping the energy sector. This is all the more true for electricity distribution grids, where the increasing penetration of distributed renewable generation, local storage and electric vehicles will eventually change the way people approach their daily city lives: passive consumers will become active prosumers, who could directly influence network balancing and electricity trade. How far is this future?

Innovative policies are needed to foster innovation while, at the same time, smart regulation will have to cope with the changing roles of DSOs and TSOs, in order to let all stakeholders benefit from this revolution.

Join the FSR online debate between Ana Aguado, Secretary General at EDSO for Smart Grids, and Astrid Brunt, General Counsel at the Norwegian TSO Statnett. The debate will be chaired by Leigh Hancher, Director of the EU Energy Law and Policy Area at the Florence School of Regulation, Professor of European Law at the University of Tilburg, and of Counsel at the Amsterdam office of Allen & Overy.

FSR Regulatory Policy Workshop 2014-2015: CBA and CBCA Methodologies for Projects of Common Interest

Friday, 24 October 2014 - Villa Finaly, Florence.

Missed the FSR Workshop? Catch up on the latest discussion between academia, industry and regulators: listen to the key points from speakers at the Cost-Benefit Analysis (CBA ) and cross-border cost allocation(CBCA) Methodologies for Projects of Common Interest workshop and stay up to date with the debate on what is going on with the EU energy infrastructure policy.

01/07/2014: Emerging talent from the ranks of Edison across Europe are given the opportunity to meet and question their CEO, Bruno Lescoeur, and leading energy academic, Professor Jean-Michel Glachant, over dinner at the European University Institute in Italy.

01/07/2014: Emerging talent from the ranks of Edison across Europe are given the opportunity to meet and question their CEO, Bruno Lescoeur, and leading energy academic, Professor Jean-Michel Glachant, over dinner at the European University Institute in Italy.

01/07/2014: Emerging talent from the ranks of Edison across Europe are given the opportunity to meet and question their CEO, Bruno Lescoeur, and leading energy academic, Professor Jean-Michel Glachant, over dinner at the European University Institute in Italy.

01/07/2014: Emerging talent from the ranks of Edison across Europe are given the opportunity to meet and question their CEO, Bruno Lescoeur, and leading energy academic, Professor Jean-Michel Glachant, over dinner at the European University Institute in Italy.

Presented by: Leonardo Meeus

Moderator: Riccardo Galletta

Does an adequate framework for projects of common interest imply moving towards a dedicated regulatory framework? Or is a default national regulatory framework more suitable?

When facing those questions from a European perspective, the EU and ACER’s roles assume key importance.

The webinar will analyse the following topics:

1. Why some countries have introduced dedicated regulatory frameworks for important electricity infrastructure investments

2. Main differences between the dedicated regulatory frameworks for important electricity infrastructure investments and the default national frameworks

3. The role of the EU and ACER to ensure an adequate regulatory framework for projects of common interest

Leonardo Meeus is associate professor of Energy Markets at the Vlerick Business School in Brussels and part-time professor at the Florence School of Regulation of the European University Institute. He has recently published a policy brief on the topic of this webinar.

http://fsr.eui.eu/News/All/2014/September/140917Webinar.aspx

Arthur Henriot presented the research results of the work on Beyond national generation adequacy policies: conceiving an EU frame for electricity security of supply? conducted together with Jean-Michel Glachant.