The PSE strategy for 2017-2019

The PSE strategy for 2017-2019

The PSE strategy for 2017-2019 – innovation with a view to future generations and respect for all stakeholders, covers the following issues: Safety for future generations Sustainable development Stable system operation Money spent in a better way PSE resources. This constitutes the main objectives and directions of activities indicated in the new Strategy of Polskie Sieci Elektroenergetyczne for the years 2017-2019, which was adopted by the Supervisory Board on 3rd of March 2017. While fulfilling these objectives, PSE is driven by social responsibility and environmental care principles. The Company’s vision and mission have been built upon three values: dependability, reliability and responsibility. The main duty of PSE is to take care for the security of the National Power System, including in particular the security of electricity supplies to end users. The activity of the transmission system operator must take into account changes faced by power markets, particularly technological and regulatory ones. An inevitable change of the energy mix, consisting in increasing the share of local generation of electricity and renewable energy sources, has to be taken into account in the activity of the transmission system operator. Regulations, including in particular the legislation of the European Union, form the second area. The year 2017 will mark the completion of work on the majority of EU network codes and the beginning of the European Parliament’s work on an exceptionally broad-ranged and ambitious package “Clean Energy for All Europeans.” These documents attempt to implement a change in paradigm concerning power markets, which the Strategy responds to – underlines Eryk Kłossowski, Chairman of the Board of PSE. Strategic objectives for the transmission system [...]
Effective operation of the power system: a primary requirement for a competitive electricity market in the EU

Effective operation of the power system: a primary requirement for a competitive electricity market in the EU

The European Union’s Energy Package delineates, very clearly, the directions in which the transformation of the European electricity sector should proceed. The implementation of effective market solutions, with a simultaneous prevention of excessive dependence on outside energy sources, is of great significance for ensuring the growth of the European Union’s economy. It is, therefore, extremely important to ensure effective operation of the European power system, both by introducing relevant legal regulations, and by ensuring its smooth development in specific areas. The European Commission (EC) has clearly indicated that the development of cross-border interconnections is one of the primary requirements for the effective operation of the electricity market. The overall objective is to maximise the cross-border capacity of each system. To set a target for each country, a special indicator was established by the EC, amounting to the ratio between the long-term available cross-border capacity (as far as the import of energy to that country is concerned), and the generation capacity installed in that country. Each country aims to achieve the value of, at least 10% by 2020, and discussions are currently in progress on increasing the (obligatory) requirement up to 15%. Bearing in mind the correctness of the methodology adopted for calculating the ‘ratio set aside’ (as it will be termed), the introduction of the indicator (“cross-border indicator”) as an obligatory requirement means, in practice, that some very serious transmission grid infrastructure investment will be required. Hence, it is extremely important to ensure proper planning for future infrastructure, to avoid excessive investment, whilst the remaining system solutions on the European scale remain insufficient (or have simply not been introduced). [...]