ARTICLE
14 December 2016

The EU Electricity Winter Package

F
Fieldfisher

Contributor

The winter package was finally formally published last Wednesday.The Package proposes significant changes to the Third Energy Package of 2009. The "winter package" of proposals has three main goals...
UK Energy and Natural Resources
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The winter package was finally formally published last Wednesday. The Package proposes significant changes to the Third Energy Package of 2009. The "winter package" of proposals has three main goals:

  • putting energy efficiency first;
  • achieving global leadership in renewable energies; and
  • providing a fair deal for consumers.

Key changes include:

  • strengthening provisions relating to consumer rights;
  • a framework for demand response aggregation;
  • greater role and regulation of distribution system operators (DSOs), including the establishment of ENTSO-E;
  • greater regulation of capacity remuneration mechanisms (CRMs) including market based non-discriminatory provision for CRMs;
  • reform of the energy market to create a level-playing field for clean technologies in the market;
  • end of subsidies for fossil fuels and market distortions by setting stricter limits on support schemes for reserve power;
  • further refinement of the EU Network Codes and guidelines, including new rules for capacity allocation and congestion management;
  • strengthening provisions related to retail electricity markets in relation to electrification of transport;
  • increase the 2030 energy efficiency targets to untapped energy efficiency potential;
  • proposing a target of 27% of energy consumption drawn from renewable energy sources by 2030; and
  • the creation of Regional Operation Centres.

More information of the Winter Package can be found here

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