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Energy Monitor

EU leaders and TSOs take up infrastructure debate

EU leaders are poised at their meeting on 18-19 October to back the creation of a separate infrastructure fund under the bloc's next long-term spending programme that starts in 2014, draft conclusions of the meeting have revealed.

15 October 2012 Europe & Russia / Policy & Regulation

Doubt looms over chances of ETS fix

Agreement on post-2020 climate policy targets and on much-needed structural reforms to the EU’s emission trading scheme (ETS) is highly unlikely before the mandate of the current European Commission and Parliament expires in 2014, a senior commission official said on Friday.

8 October 2012 Europe & Russia / Policy & Regulation

EIB: First round of NER300 sales to be completed this week

The European Investment Bank will complete the sale of 200 million carbon emissions allowances for the third phase of the EU emissions trading scheme on Friday, a senior EIB official told a Platts conference Thursday.

28 September 2012 Europe & Russia / Policy & Regulation

ETS: no clarity on 2013 auction volume

The European Commission cannot yet specify the number of carbon allowances to be auctioned next year under the EU's emissions trading scheme, a senior commission official has acknowledged.

28 September 2012 Europe & Russia / Policy & Regulation

EC pessimistic about 2014 internal energy market deadline

The EU is set to miss its 2014 deadline for the completion of the EU internal energy market, according to a draft communication the European Commission plans to present later this month.

18 September 2012 Europe & Russia / Policy & Regulation

Commission presents measures for fixing ETS

The European Commission presented a package of proposals on Wednesday to bolster the EU's Emissions Trading Scheme (ETS) by reducing a massive burden of surplus allowances in the third phase of the scheme (2013-2020).

25 July 2012 Europe & Russia / Policy & Regulation

Commission approves three more free ETS allocation plans

The European Commission approved the allocation of more than 232 million free carbon emission allowances to power installations in Bulgaria, the Czech Republic and Romania on 6 July for the third phase of the EU emissions trading scheme (ETS), which begins next year.

12 July 2012 Europe & Russia / Policy & Regulation

Entso-e files final 10-year development plan

European electricity transmission system operators (TSOs) need to spend €104 billion ($128 billion) over the next decade to upgrade or build about 52,000 km of high-voltage power transmission lines, electricity TSO body Entso-e said on in its final version of its new 10-year network development plan on 5 July.

9 July 2012 Europe & Russia / Policy & Regulation

European Parliament backs project bond pilot scheme

The European Parliament gave a green light to the pilot phase for EU-backed project bonds to fund infrastructure projects in the EU on 5 July.

9 July 2012 Europe & Russia / Policy & Regulation

Entso-e calls for more participation in network code drafting

Europe is not represented in a “consistent” way in EU-level discussions on future rules for managing and using the EU’s electricity networks, an official of Entso-e, the European body of electricity transmission system operators, said on Tuesday.

5 July 2012 Europe & Russia / Policy & Regulation

Antitrust fines against E.On, GDF Suez reduced

The EU’s second-highest court has significantly reduced a combined €1.1 billion ($1.39 billion) antitrust fine levied on E.On and GDF Suez three years ago.

2 July 2012 Europe & Russia / Policy & Regulation

Bundesnetzagentur backs reforms to inter-TSO compensation

Two years after a major cut in the European fund that compensates electricity transmission system operators for costs incurred through transit flows, Germany’s Federal Network Agency (Bundesnetzagentur) has called for a redesign of the European inter-TSO compensation scheme in order to take full account of unplanned power flows.

2 July 2012 Europe & Russia / Policy & Regulation

EC urges decision on location of Baltic LNG terminal

A senior European Commission official has urged the Baltic Sea states to come to an agreement about the location of a planned LNG terminal, which is expected to supply the region with approximately 4 billion cubic metres of gas a year.

28 June 2012 Europe & Russia / Policy & Regulation

Entso-e on the 2050 decarbonisation roadmap

Delivering new and improved power transmission infrastructure will be key to realising the EU’s long-term energy goals, the organisation of European transmission system operators (Entso-e), said on Thursday.

25 June 2012 Europe & Russia / Policy & Regulation

ACER chief calls for rapid solution for loop flows

Unplanned power flows resulting from integrating increasing amounts of intermittent renewable energy into the electricity grid have become a concern for network security, the head of the European body of national energy regulators (ACER) has said.

25 June 2012 Europe & Russia / Policy & Regulation

EC scolds member states for ‘selfishness’

European member states have been slammed by a senior official at the European Commission for acting selfishly over infrastructure projects of common European importance.

21 June 2012 Europe & Russia / Policy & Regulation

Poland vetoes council conclusions on Energy Roadmap

At a meeting of EU energy ministers on Friday, Poland blocked the adoption of an otherwise unanimous conclusion on how the EU should proceed to a low-carbon economy by 2050, EU diplomatic sources said.

18 June 2012 Europe & Russia / Policy & Regulation

Finance ministers to debate new energy tax rates

EU finance ministers will debate the planned reform of energy product taxation at their meeting in Luxembourg next week.

14 June 2012 Europe & Russia / Policy & Regulation

Hedegaard: floor price is not preferred way to fix ETS

A floor price for EU carbon emission allowances will not be among the favoured options for a long-term fix of the bloc's emissions trading scheme, when the European Commission presents a review of the scheme - something which it is planning to do “rather soon”, possibly in July, EU Climate Commissioner Connie Hedegaard said in Brussels on Thursday

12 June 2012 Europe & Russia / Policy & Regulation

Phase 3 allowances auction oversubscribed

The first auction of the third phase EU carbon allowances in the framework of the European Investment Bank’s (EIB’s) NER300 initiative was oversubscribed by more than three times and cleared at €6.83 ($8.59) per allowance, according to German exchange EEX, which hosted the sale on Thursday.

11 June 2012 Europe & Russia / Policy & Regulation

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