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SAVE THE DATE | ETS and renewables: a win-win strategy? (March 21)

We are delighted to invite you to the debate organised by PubAffairs Bruxelles which will be held on Tuesday the 21st of March at 19.00 at the premises of Science14 Atrium, rue de la Science, 14-B, Brussels. The event will  consist of a debate about the link between the European emission trading system (ETS) and renewables.

Although speakers and event details will be specified in the coming days, we are announcing this event now to make sure you save the date.

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This event is kindly sponsored by

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About the debate

The emission trading system (ETS) revision, one of the European Union’s pivotal policy instruments for the reduction of greenhouse gas emissions (GHG) for the period 2021-2030, has been approved by the European Parliament’s plenary vote in mid-February and is now to be discussed under the lead of the Maltese Presidency. Given the width of the scope, the European and international repercussion of the EU decision-making on climate change, as well as the issues at stake for the industry, the draft law has this far been object of intense discussions. Many commentators and policy makers are not convinced that this setting will be sufficient to strengthen the climate-change ambition of the ETS.

One of the reasons is that the more general issue of ensuring a cost-effective energy transition has been set aside. The difficulties in maintaining consistency between the ETS and so-called ‘overlapping policies’ might well have been under-estimated.  In particular, the interplay between the reform and the growth of power generation from renewable sources is a crucial factor for a cost-effective energy transition and has been overshadowed by the request for exemptions for specific economic sectors.

This is the subject of a recent EDF study entitled “Towards a successful coordination of climate energy policies”, which makes a link between ETS and renewables and explains how the energy transition, including the achievement of ETS objectives, is more efficient if guided by and linked to the price of carbon; according to this study using the price of carbon as  the main investment driver is compatible with  meeting RES targets.

Furthermore, as several experts have highlighted, if the carbon price remains close to zero, there is a high risk of undermining the ETS. This could mean in practice that the European Union would prove unable to gather the low hanging fruits of de-carbonisation.

The framework for development of electricity from renewable sources is currently being discussed. The future of the ETS is not carved in stone yet. It is time to discuss how the EU ETS system and the rest of the energy climate framework can contribute to achieving a cost-effective energy transition. ETS and renewables: a win-win strategy?

This event will be held under the Chatham House Rule. Participants are free to use the information received but neither the identity nor the affiliation of the attendees may be revealed. For this reason, unless explicitly authorised by PubAffairs Bruxelles, the filming and/or the recording of the event by any means are strictly forbidden.

The event will commence with a welcome drink at 7h00 pm, followed by a panel debate at 7.30 pm. After the panel debate there will be an opportunity for questions and discussions.


We look forward to seeing you at 7h00 pm on the 21st of March at Science14 Atrium, rue de la Science 14-B, Brussels.

All our debates are followed by a drink in a convivial atmosphere.

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Clean Energy for All Europeans – unlocking Europe’s growth potential | European Commission – Daily News

The Commission wants the EU to lead the clean energy transition, not only adapt to it. For this reason the EU has committed to cut CO2 emissions by at least 40% by 2030 while modernising the EU’s economy and delivering on jobs and growth for all European citizens. The Commission presents today a package of measures to keep the European Union competitive as the global clean energy transition is changing the energy markets. Today’s proposals have three main goals: putting energy efficiency first, achieving global leadership in renewable energies and providing a fair deal for consumers. The Vice-President for Energy Union Maroš Šefčovič said: “Today’s package will boost the clean energy transition by modernising our economy. Having led the global climate action in recent years, Europe is now showing example by creating the conditions for sustainable jobs, growth and investment. Today’s proposals touch upon all clean energy related sectors: research and innovation, skills, buildings, industry, transport, digital, finance to name but a few. These measures will equip all European citizens and businesses with the means to make the most of the clean energy transition.”  Commissioner for Climate Action and Energy Miguel Arias Cañete added:“Our proposals provide a strong market pull for new technologies, set the right conditions for investors, empower consumers, make energy markets work better and help us meet our climate targets. I’m particularly proud of the binding 30% energy efficiency target, as it will reduce our dependency on energy imports, create jobs and cut more emissions.  Europe is on the brink of a clean energy revolution. And just as we did in Paris, we can only get this right if we work together. With these proposals, the Commission has cleared the way to a more competitive, modern and cleaner energy system. Now we count on European Parliament and our Member States to make it a reality.”The Commission’s “Clean Energy for All Europeans” proposals are designed to show that the clean energy transition is the growth sector of the future – that’s where the smart money is. Clean energies in 2015 attracted global investment of over 300 billion euros. The EU is well placed to use our research, development and innovation policies to turn this transition into a concrete industrial opportunity. By mobilising up to 177 billion euros of public and private investment per year from 2021, this package can generate up to 1% increase in GDP over the next decade and create 900,000 new jobs.

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Vice-President Šefčovič and Commissioner Moedas at the Energy Innovation Conference in Bratislava | European Commission – Announcements

Tomorrow Thursday, Vice-President for the Energy Union Maroš Šefčovič and Commissioner for Research, Science and Innovation Carlos Moedas will be in Bratislava to participate at the Central European Energy Conference. They will discuss with participants the opportunities to boost investment, jobs, growth, research and innovation as part of the Energy Union. The Commissioners will have the opportunity to present the new strategy “Accelerating Clean-Energy Innovation” adopted by the European Commission on 30 November. “2016 is the year of delivery of the Energy Union. One day after presenting the Energy Union Package – Clean energy for all Europeans, we focus on the Research and Innovation dimension of the Energy Union“, said Vice-President Šefčovič ahead of the visit. “Energy is fundamental to our economy, to our environment and to our way of life. We need to take the right decisions how we produce, use and invest in energy in the future to drive Europe’s transition to a low-carbon economy. For this change to happen our policy is clear:  we need a new era of disruptive innovation,” complemented Commissioner Moedas. The European Strategic Energy Technology Plan (SET-Plan), which will be discussed at the conference aims to accelerate the development and deployment of low-carbon technologies. It seeks to improve new technologies and bring down costs by co-ordinating research and helping to finance projects.

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Vice-President Šefčovič speaks at meeting of National Parliaments | European Commission – Announcements

Today in Bratislava, Vice-President Maroš Šefčovič takes part in a meeting of the Conference of Parliamentary Committees for Union Affairs of Parliaments of the EU (COSAC), hosted by the Slovak Council Presidency. Vice-President Šefčovič delivers a keynote speech on “2016: Energy Union’s year of delivery” during the first session of today’s conference.

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Energy Union: Vice-President Šefčovič on official visit to Denmark | European Commission – Announcements

Today, Vice-President for the Energy Union Maroš Šefčovič represents the Commission at the 16th Inter-Parliamentary Meeting on Renewable Energy and Energy Efficiency at the Danish Parliament where he delivers the keynote speech at the session “The Foreign Policy Dimension of Energy transition”.  Vice-President Šefčovič will also meet with the Danish Minister for Foreign Affairs Kristian Jensen. Besides, he visits the European Environment Agency (EEA) which is headquartered in Copenhagen. In the framework of completing the Energy Union, the EEA is among others responsible for providing data about the performance of EU Member states when it comes to the agreed emission-reduction targets. “The Energy Union, in its effort to bring about in Europe a transition to a modern and low-carbon economy, needs to ensure that Europe remains resilient to geopolitical challenges – while at the same time push and help other economies to modernise their energy systems“, said Vice-President Šefčovič ahead of the visit.

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Focus on wind power: Vice-President Šefčovič in Hamburg | European Commission – Announcements

Energy generated from wind is a key pillar driving the transition of Europe’s energy mix. During the WindEurope Summit 2016 today in Hamburg, Vice-President for the Energy Union Maroš Šefčovič is delivering the keynote speech on making the energy transition work towards the modernisation of the European economy and is holding a joint press conference on the Energy Union and the Energiewende with German Vice-Chancellor Sigmar Gabriel and Hamburg Mayor Olaf Scholz. “We are on track to achieve the objectives of both the Energy Union and the Energiewende but we need to keep up our efforts. Wind power is an indigenous source of energy in Europe. The more it is captured and used, the less energy dependent Europe becomes”, said Vice-President Šefčovič. In the context of the transport sector’s contribution towards building the Energy Union, Vice-President Šefčovič is also visiting today the port of Hamburg and the Airbus factory in Finkenwerder, where the Airbus A380 “Superjumbos” are being prepared for final delivery. The Political Guidelines for the Juncker Commission set the ambition for Europe to become the world leader in renewable energies. This is why the European Union is committed to having at least 27% renewables in our energy system by 2030. That ambition and those policies will help us deliver our target to reduce emissions by 40% by 2030.

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Energy Union: Vice-President Šefčovič at the European Space Agency | European Commission – Announcements

Vice-President for Energy Union Maroš Šefčovič is visiting the Paris-based European Space Agency (ESA) today and tomorrow. During tomorrow’s ESA Council meeting, strategic cooperation between the European Commission and ESA within the context of contributing to a resilient Energy Union – one of the key initiatives of the Juncker-Commission – will be at the centre of discussions. Ahead of today’s visit, Vice-President Šefčovič said: “Space offers enormous opportunities for Europe’s society and economy, as well as holding strategic importance”.

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Energy: European Commission to build on the successful regional gas cooperation in Central and South Eastern Europe | European Commission – Announcements

On 9 September, Commission Vice-President for Energy Union Maroš Šefčovič and Commissioner for Climate Action and Energy Miguel Arias Cañete will travel to Budapest to further build on the successful work of the Central Eastern and South-Eastern European Gas Connectivity (CESEC) High Level Group. Ministers of 15 European Member States and Energy Community countries as well as of contracting parties will discuss progress achieved on the implementation of cross-border gas links as well as on actions allowing for the creation of a liquid gas market in the region. In order for the countries to fully benefit from the potential of the region, the meeting will also see a discussion on the possibility to broaden the regional energy cooperation to other areas such as electricity, renewables and energy efficiency. Vice-President Šefčovič said: “Our energy diplomacy is bearing fruit in allowing new sources of energy to arrive on Europe’s shores from the Caspian Sea, East Mediterranean or the emerging global LNG market. But in order to harvest these fruits, we must prepare our internal market to distributing the new sources across borders. CESEC has proven instrumental in the process of integration the region’s gas markets and has thus become a central channel for further integration across the energy sector.” Commissioner Arias Cañete said: “The success of this Commission initiative shows that the regional approach works if underpinned by high level political commitment by Member States and a clear roadmap. While we celebrate the achievements in building the missing gas links between countries, we will also look for new horizons and take our cooperation to new areas such as integrating electricity markets and boosting efficiency and renewables in the CESEC region.” Since its launch by the Commission in 2015, the CESEC Initiative has already resulted in rapid development of the infrastructure in the region and implementation of EU market rules which help ensure fairer prices for consumers and efficient functioning of competitive energy markets. The Energy Union aims at guaranteeing that all countries in Central and South East Europe will have access to at least three different sources of energy in the future, and works intensively to make sure that all countries in the regions are well interconnected to the rest of Europe.

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Vice-President Maroš Šefčovič visits Kyiv, discusses energy policy | European Commission – Daily News

Today, Vice-President for Energy Union Maroš Šefčovič, on a working visit in Kyiv, Ukraine, has discussed a broad agenda of topics related to energy policy. In meetings with the Chairman of the Verkhovna Rada Andrii Parubii, Prime Minister Volodymyr Groysman, Vice Prime Minister and Minister of Regional Development Hennadii Zubko and Energy Minister Ihor Nasalyk, Vice-President Šefčovič has also reiterated the need for Ukraine to continue on the path of reforms. On this topic, Vice-President Šefčovič said: “Further reforms are central for modernising Ukraine’s economy, to bring advantages to consumers and enterprises alike, and thereby to unlock the potential for higher standards of living”. He also reconfirmed the readiness of the European Commission to pursue gas talks with the successful trilateral format used in the past.

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Energy Infrastructure: Second edition of Europe’s Energy Infrastructure Forum kicks-off in Copenhagen | European Commission – Daily News

On Thursday 23 June, Energy Union Vice-President Maroš Šefčovič and Climate Action and Energy Commissioner Miguel Arias Cañete will attend the second edition of the Energy Infrastructure Forum in Copenhagen. Meetings with the Danish Energy Minister Lars Christian Lilleholt are foreseen. The Forum was set up in 2015 and aims at facilitating stakeholders’ participation in the policy shaping process and making sure that EU’s energy legislation is goal-oriented, operational and comprehensive. Electricity and gas transmission infrastructure are key to achieving the completion of the internal market as well as public policy goals such as reducing CO2 emissions and energy security. The Energy Infrastructure Forum is key at ensuring that the current energy infrastructure targets that are part for the wider climate action and energy framework continue to be ambitious and relevant, in particular the most immediate target of achieving 10% interconnections by 2020. Under the Commission’s chairmanship the Forum brings together key stakeholders such as the members of the regional groups established for the priority corridors under its Trans-European Networks strategy (TEN-E), along with the EU and other civil society organisations. The Forum is a key action to advance the development of trans-European energy infrastructure, which is vital to Europe’s success in building a secure, competitive and sustainable Energy Union, one of the main priorities of this Juncker Commission. See more information about the EU’s Infrastructure Forum online. Follow on twitter via #energyif2016. And more on Energy Union.

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