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 [...]
Maroš Šefčovič and Paweł Olechnowicz discussed Central Europe’s energy challenges

Maroš Šefčovič and Paweł Olechnowicz discussed Central Europe’s energy challenges

Improving competitiveness of the European refinery sector, paving the way for the North–South Corridor, and providing the continent with more gas supply options. These were the main topics of discussion between Maroš Šefčovič, Vice-President of the European Commission, in charge of Energy Union, and Paweł Olechnowicz, Chairman of the Board of Directors of Central Europe Energy Partners (CEEP). The meeting, which took place at the LOTOS refinery in Gdańsk, Poland, served as an occasion to tackle Central Europe’s most significant challenges in the field of energy. One of them is the relocation of EU refining capacity to unregulated regions, with lower energy costs and softer emissions regulations. Paweł Olechnowicz underlined that Europe needs a healthy domestic refining sector, especially in an era of geopolitical upheaval. “Improving competitiveness of the European refinery sector is crucial not only to hold back capacity decline and loss of thousands of direct and indirect jobs in the EU. It is also detrimental to the global environment as the manufacturing of oil products in the EU refineries is, on average, considerably less carbon intensive, when compared with the rest of the world. To face that challenge, we believe the refinery industry should receive 100% of the CO2 allowances until 2030, so that it can face international competition from regions where ETS is not applied,” Paweł Olechnowicz stressed. Legislation supporting competitiveness of the energy sector should be accompanied by investments in infrastructure and actions aimed at providing Europe with more supply options. In this context, Maroš Šefčovič emphasised the role of the North–South Corridor, whose aim is to connect Central European energy markets, both with each [...]