CEEP Energy Summit: regional cooperation as a cornerstone of the Energy Union

CEEP Energy Summit: regional cooperation as a cornerstone of the Energy Union

The sixth edition of the CEEP Energy Summit gathered in Tallinn on the 19th and 20th of September, distinguished and knowledgeable group of decision-makers to discuss the major challenges and opportunities in the field of energy policy in EU-11 countries. CEEP members – who comprise EU-11 leading energy and energy-intensive companies –alike external guests, entered into a comprehensive dialogue with the European Commission’s Vice-President in charge of Energy Union, Maroš Šefčovič. Through the Tallinn Memorandum, which reflects the key issues of the discussion and expectations of the energy and intensive-energy industries, CEEP members want to underline the “need for strengthening the regional cooperation in the shaping of the EU energy policy. Consultation and cooperation at the regional level are necessary to ensure that national choices regarding energy policy do not affect the stability of neighbouring state’s energy systems or are not contrary to the Energy Union objectives”. According to the participants, the cooperation should not stop at regional level: “we believe that cooperation of European Institutions with industries and utilities is crucial in the process of establishment of a viable business model which will accommodate public policy targets and internal market rules”. After the event, the new chairman of the Board of Directors of CEEP, Jesień Leszek, declared: “the debate reflected on the overall state of play of the Energy Union, as it is the year of its implementation, with the fundamental legislative package - Clean Energy, including Governance of the Energy Union, which is ongoing and needs a real and truth debate. The more, interconnectivity, synchronisation, the implementation of North-South Corridor, as well as BEMIP initiative were brought [...]
The Baltic Pipe: companies can bid for capacity

The Baltic Pipe: companies can bid for capacity

Polish and Danish gas transmission system operators (TSOs) have launched the Open Season 2017 Procedure on the 6th of June, inviting all potential shippers to bid for capacity in the probable new gas pipeline from Norway to Denmark and Poland, the Baltic Pipe. The purpose is to collect long-term investment signals before final investment decision is taken by TSOs, GAZ-SYSTEM and Energinet. Open Season 2017 procedure is a two-step process: Phase 1: publishing Open Season 2017 Rules and other documents about the process, and allowing shippers to book for capacity until the 25th of July 2017. Phase 2 is expected to be launched on the 5th of September 2017 and will invite shippers to submit their final bids for capacity allocation by 24th of October 2017. The shippers that have submitted a bid in Phase 1 must also submit the same bid (or higher) in Phase 2 for the bid to be valid. If shippers book a sufficient amount of capacity during Phase 1, Energinet and GAZ-SYSTEM will introduce fast track implementation of the Baltic Pipe project. The Baltic Pipe is a strategic infrastructure project, with the goal of creating a new gas supply corridor in the European market. For the first time, it will be possible to transport gas from fields in Norway to the Danish and Polish markets, as well as to customers in the neighbouring countries. At the same time, the Baltic Pipe project will enable the supply of gas from Poland to the Danish and Swedish markets. Diversification of supplies through direct access to deposits of natural gas will significantly improve the energy security level. [...]
Bratislava Memorandum: CEEP members ask for a fair energy transition

Bratislava Memorandum: CEEP members ask for a fair energy transition

CEEP members are urging 100% free EUAs for energy-intensive industries, such as chemicals, fertilizers, refineries, and steel, until 2030, as well as a 100% derogation for power plants that use new technologies with a 43% energy efficiency (lignite) and 45% (coal). Moreover, they request the strengthening of the beneficiary Member States’ con-trol over the Modernisation Fund, and ask for the right to give subsidies to indigenous fossil fuels, to the extent decided by each Member State. These are the main recom-mendations of the ‘29+1’ Annual Energy Summit, organised by Central Europe Energy Partners (CEEP), in co-operation with GLOBSEC, on October the 27th–28th, in Bratislava. CEEP members – who comprise Central Europe’s leading energy and energy-intensive companies – entered into a comprehensive dialogue with the European Commission’s Vice-President in charge of Energy Union, Maroš Šefčovič, only weeks before the publication date of the European Commis-sion’s legislative ’Energy Union Package’. In this context, they underlined that the security of supply in the electricity sector should take into account different electricity mixes across the EU Member State and it should also address the power availability for trade and market transactions. “The new proposed target of 15% of electricity interconnections for 2030 should be thoroughly analysed as it can negatively affect the electricity markets in Central Europe, given their limited ability to transport the unscheduled loop flows that prohibit proper market exchanges. This can substantially influence the flows of energy in the Member States making the whole system unstable” said Eryk Kłossowski, Chairman of the Board of Directors of Central Europe Energy Partners. The Bratislava Memorandum, which was handed to Commissioner Šefčovič on [...]
Rafał Miland: “Our priority, fostering the integration of the energy sector in Central Europe”

Rafał Miland: “Our priority, fostering the integration of the energy sector in Central Europe”

Cristina Dascălu (CD): What are the priorities you will promote in Brussels, as a Vice-President of the Board of Directors of CEEP, and in regard to energy infrastructure in Central Europe? Rafał Miland (RM): The entire Board of Directors of CEEP and myself, are currently facing a very important challenge - to properly implement the basic objectives behind the foundation of the organisation - namely, fostering the integration processes of the energy sector in Central Europe, within the common policy framework of the European Union, which are rightly associated with ensuring security and diversification of supply within the sector in question. As the Vice-President of the Board of Directors of CEEP, I would like, in particular, to focus on three matters that are especially close to my heart as Vice-President of the Management Board of PERN S.A. Firstly, the development of storage infrastructure, and, above all, facilities designed for maintaining maximum stocks to improve the resistance of the EU to market fluctuations, as well as interruptions in the supply of crude oil and petrochemical products. Secondly, on the provision of EU assets for the construction of oil infrastructure, and thirdly - on the diversification of supply to improve the EU’s independence and resistance to market disturbances. CD: From your professional experience, to what extent is energy policy shaping our future energy system? RM: In my professional career, up till now, whether in Ministries or companies, I frequently observed the significant influence exerted by energy policy upon the future of our power system. The assumptions underlying energy policy, legal regulations, and financial support to selected areas, are of decisive importance, [...]
Krynica: The North–South Corridor – towards increased energy security, Europe’s integration and competitiveness

Krynica: The North–South Corridor – towards increased energy security, Europe’s integration and competitiveness

The North–South Corridor is the key enabler for completing the European integration process. The report by Roland Berger Strategy Consultants presents the enormous political, economic and social benefits that this energy infrastructure would bring to the whole continent. For this to happen, a “piece-by-piece” approach, with preferred access to funding and constant dialogue with national regulators, governments and the European Union institutions, is indispensable. The report, titled “Making it happen. Paving the way for the Central European North–South Infrastructure Corridor”, was presented at the Economic Forum in Krynica, Poland. Its authors and contributors underlined that realising key components of the Corridor before the end of the decade should be a joint commitment of the European Commission, national governments, and transmission system operators, as well as supporting financiers. “The report shows a roadmap with an outlook on the key building blocks required for this joint undertaking. It also paints a realistic picture of commercial financing options and private-sector involvement. We believe the Corridor should be realised piece-by-piece, as supply and demand develop in relevant markets. This would allow some projects to be built on a market-based business case and financed through national operators, using established funding and financing instruments,” Paweł Olechnowicz, Chairman of the Board of Directors of CEEP, declared. Parts of the Corridor will not be feasible through purely market-based mechanisms. In such cases, preferred access to funding from public budgets is required. “In this context, dialogue is needed between national regulators and transmission system operators, in order to create favourable regulatory environments, prioritise Corridor projects, and find financial leeway to make them happen without delay. We recommend establishing [...]