The establishment of the Internal Energy Market in Europe called for a high degree of competition in the wholesale energy markets, also promoted by the integration of such markets through time. However, at the time of the Third Energy Package, no specific provisions existed to prevent market abusive behaviour in the electricity and gas market. The Regulation on Wholesale Energy Markets Integrity and Transparency (REMIT) was adopted in 2011 to this purpose, extending the financial markets regulation to the energy sector, and complementing the standard toolkit available in the context of competition law. Learn more about REMIT, its rationale and economic foundation in this article by our Director Alberto Pototschnig https://lnkd.in/dZSABwVW
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No need for more Power Purchase Agreement templates https://lnkd.in/dnurCCgt The EU Agency for the Cooperation of Energy Regulators (ACER) concludes that there is no need for developing new voluntary Power Purchase Agreement (PPA) templates in the EU energy market. https://lnkd.in/er-GeXhN 👉 OGEL Call for Papers Special Issue on Electricity Market Design https://lnkd.in/eDGnF-dB
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The EU Energy Market Monitoring Report to 2024 by the EU Agency for the Cooperation of Energy Regulators (ACER) and the Council of European Energy Regulators (CEER) highlights the slow implementation of smart meters as a barrier to unlocking power system flexibility across the region. Moreover, it also highlights that a further challenge to consumer participation is that almost three-quarters of EU households are on regulated fixed and market-based fixed electricity contracts and in many cases there are no real alternatives offered. Full report is at: https://lnkd.in/eYv_r4-U
acer.europa.eu
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Meet our team at Australian Energy Producers Conference and Exhibition 2024 and discuss the future of the Energy landscape in Australia and beyond. During the conference, our research experts, John Gibb Stephanie Chiang Anne Forbes Andrew Harwood will be also be presenting five papers, with topics set to include: Australia’s gas markets outlook, the potential for commercial success through energy super basins, corporate positioning of Australia's largest E&Ps, and the long-term implications of the safeguard mechanism. Book a meeting with our team: https://okt.to/NAPLzr #OilandGas
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Read about the national regulator’s plans to revamp South Africa’s electricity pricing and tariff design and find out what energy experts think of the government’s draft Gas Master Plan. Learn about new technology that monitors the power grid and how to maximise your generator’s performance. Stay updated with the latest news in 𝘌𝘯𝘦𝘳𝘨𝘪𝘻𝘦 as we delve into these stories and more! https://lnkd.in/dZAS5yTJ
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Meet our team at Australian Energy Producers Conference and Exhibition 2024 and discuss the future of the Energy landscape in Australia and beyond. During the conference, our research experts, John Gibb Stephanie Chiang Anne Forbes Andrew Harwood will be also be presenting five papers, with topics set to include: Australia’s gas markets outlook, the potential for commercial success through energy super basins, corporate positioning of Australia's largest E&Ps, and the long-term implications of the safeguard mechanism. Book a meeting with our team: https://okt.to/4eYTgm #OilandGas
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TVA can't sell electricity directly to MISO, but Ameren and Entergy (two MISO members) will be able to buy electricity from the TVA during energy emergencies on MISO's behalf since they meet the requirements of the TVA Act. #energy #electricgrid #TVA
MISO, TVA to sell ‘emergency energy’ under proposed agreement
utilitydive.com
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🌞 On 18th June, I will be a panelist at the session on "Electricity Market Reform (EMR) & More - The State of EU Policies to Support Energy Storage" at the ees Europe Conference 🌞 In the first quarter of 2023, the EU Commission introduced a range of policy proposals, centered on the Electricity Market Reform (EMR), to promote the deployment of energy storage. During the panel we will explore: 🔋 The current state of EU energy storage policy implementation. 🔋 Success stories and areas needing improvement. 🔋 Actions and measures taken since the initial proposals. 🔋 Future steps to fully unlock the potential of energy storage. I will share perspective on battery storage market from Poland and I am looking forward to a discussion with industry experts Claudia Günther, Elodie Perret and Luz Pérez Sánchez moderated by Lars Stephan. Join us in sunny Munich! #EnergyStorage #ElectricityMarketReform #EUEnergyPolicy #eesEurope #SustainableFuture #PolandEnergy #Munich2024 https://lnkd.in/dQCqpzkJ
Electricity Market Reform (EMR) & More - The State of EU Policies to Support Energy Storage
ees-europe.com
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Are you interested in learning more about the EU electricity market reform? If so, you might want to check out our latest article on this topic, authored by David Haverbeke, Wouter Vandorpe, Nicolas Celis, and Emilie Malivert. 📚 We explain the main objectives and features of the reform, which aims to increase consumer protection, boost renewable energy sources, and improve the flexibility of the electricity system. The reform consists of two legislative proposals that revise the existing regulations on the electricity market design, the wholesale energy market integrity and transparency, and the cooperation of energy regulators. The interinstitutional negotiations between the European Parliament and the Council were concluded in December 2023, and the final vote is expected in March 2024. To read the full article, click on the link below. And don’t forget to share your thoughts and questions in the comments section! 💬👇 https://lnkd.in/eTvWFBgb #fieldfisherinbelgium #euelectricityreform #energy
EU Electricity Market Design Reform
fieldfisher.com
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🔴 Webinar: REMIT Representation – A Critical Requirement for UK Energy Companies UK energy companies—are you prepared for the November 8, 2024 deadline? Under new REMIT II regulations, UK-domiciled energy firms trading in the EU’s natural gas and electricity markets must appoint an EU-based representative. Failure to comply might risk market disclosure violations and jeopardize your business’s access to the EU market! Join our webinar with experts Jan Haizmann (Correggio Consulting Ltd) and Aviv Handler (ETR Advisory Ltd), who will break down the REMIT representation requirement and its implications. Learn how REMITREP Services can help UK companies navigate these critical changes before the deadline. 📅 Date: October 30 ⏰ Time: 13:15 - 14:15 BST 🔗 Ensure compliance—register now! https://lnkd.in/dKWzhGi2
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📢 REMITREP Webinar is starting soon! Don’t miss out – register now to get insights into the REMIT representation requirement and what it means for your business. Jan Haizmann Aviv Handler #REMIT #Webinar #EnergyCompliance #REMITREP #Regulations #EnergyMarkets #BusinessInsights #RegisterNow
🔴 Webinar: REMIT Representation – A Critical Requirement for UK Energy Companies UK energy companies—are you prepared for the November 8, 2024 deadline? Under new REMIT II regulations, UK-domiciled energy firms trading in the EU’s natural gas and electricity markets must appoint an EU-based representative. Failure to comply might risk market disclosure violations and jeopardize your business’s access to the EU market! Join our webinar with experts Jan Haizmann (Correggio Consulting Ltd) and Aviv Handler (ETR Advisory Ltd), who will break down the REMIT representation requirement and its implications. Learn how REMITREP Services can help UK companies navigate these critical changes before the deadline. 📅 Date: October 30 ⏰ Time: 13:15 - 14:15 BST 🔗 Ensure compliance—register now! https://lnkd.in/dKWzhGi2
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