Thomas Schoder, Maurice Baudet von Gersdorff, Mathis Danelzik
The 2023 KNE-Conference showed the urgent need to discuss the consequences of the new legal regulations for nature and species conservation in Germany. At the same time, the constructive course of the event confirmed the great willingness to work together on solutions that consider both the necessary expansion of renewable energies as well as nature and species conservation. There was consensus that improved land designation and land preservation tools are of great importance. Discussions on environmental impact compensation contained pleas for an adjusted compensation system. In terms of data availability, there is an untapped potential that has gained importance due to last year’s regulatory changes.
{"title":"How to shape species conservation in the energy transition? The 2023 KNE-Conference","authors":"Thomas Schoder, Maurice Baudet von Gersdorff, Mathis Danelzik","doi":"10.4337/eecj.2022.04.02","DOIUrl":"https://doi.org/10.4337/eecj.2022.04.02","url":null,"abstract":"The 2023 KNE-Conference showed the urgent need to discuss the consequences of the new legal regulations for nature and species conservation in Germany. At the same time, the constructive course of the event confirmed the great willingness to work together on solutions that consider both the necessary expansion of renewable energies as well as nature and species conservation. There was consensus that improved land designation and land preservation tools are of great importance. Discussions on environmental impact compensation contained pleas for an adjusted compensation system. In terms of data availability, there is an untapped potential that has gained importance due to last year’s regulatory changes.","PeriodicalId":102274,"journal":{"name":"The European Energy and Climate Journal","volume":"27 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139238805","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
John Ratliff and his colleagues summarize and comment on recent detailed Spanish and Italian Energy Regulator decisions on market manipulation through giving false or misleading signals (coordination on matched orders, including iceberg bids, and wash trades). The cases include explanations of such practices, the related evidence relied on by the authorities to show the infringements of Article 5 of REMIT, and the defence arguments raised, including ne bis in idem. He also summarizes (with the assistance of Monica Iancu and her colleagues in Bondoc & Asociatii) a press release from the Romanian Energy Regulator, noting the many decisions it had taken between 2019 and 2022, mainly on wash trades, with some on layering and pre-arranged transactions. Some 20 market participants have been sanctioned for infringements on the wholesale electricity market; and four market participants have been sanctioned for infringements on the wholesale natural gas market. Finally, he notes two recent press releases from the Bulgarian Energy Regulator concerning market manipulation cases, one including layering and spoofing, in which seven companies were sanctioned.
{"title":"REMIT – Market manipulation decisions in Spain and Italy involving coordination of matching orders and wash trades; numerous decisions announced in Romania and Bulgaria","authors":"John Ratliff","doi":"10.4337/eecj.2023.03.03","DOIUrl":"https://doi.org/10.4337/eecj.2023.03.03","url":null,"abstract":"John Ratliff and his colleagues summarize and comment on recent detailed Spanish and Italian Energy Regulator decisions on market manipulation through giving false or misleading signals (coordination on matched orders, including iceberg bids, and wash trades). The cases include explanations of such practices, the related evidence relied on by the authorities to show the infringements of Article 5 of REMIT, and the defence arguments raised, including ne bis in idem. He also summarizes (with the assistance of Monica Iancu and her colleagues in Bondoc & Asociatii) a press release from the Romanian Energy Regulator, noting the many decisions it had taken between 2019 and 2022, mainly on wash trades, with some on layering and pre-arranged transactions. Some 20 market participants have been sanctioned for infringements on the wholesale electricity market; and four market participants have been sanctioned for infringements on the wholesale natural gas market. Finally, he notes two recent press releases from the Bulgarian Energy Regulator concerning market manipulation cases, one including layering and spoofing, in which seven companies were sanctioned.","PeriodicalId":102274,"journal":{"name":"The European Energy and Climate Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127456904","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The International Energy Agency (IEA) releases each year in October/November its World Energy Outlook (WEO). The IEA WEO 20221 provides analysis and insights on trends in global energy demand and supply, and what they imply for energy security, environmental protection and economic development. The WEO covers the whole energy system and uses a scenario-based approach to highlight the key choices, consequences and issues lying ahead, and to show how the course of the energy system can be affected by changing some of the key variables, mostly the energy policies adopted by governments around the world. This article tries to identify the main conclusions which can be drawn from this year’s edition, in the troubled context of the energy crisis stemming from the Russian aggression in Ukraine and with the pressing climate urgency in the background.
{"title":"The IEA World Energy Outlook 2022 – a brief analysis and implications","authors":"Pierre Dechamps","doi":"10.4337/eecj.2023.03.05","DOIUrl":"https://doi.org/10.4337/eecj.2023.03.05","url":null,"abstract":"The International Energy Agency (IEA) releases each year in October/November its World Energy Outlook (WEO). The IEA WEO 20221 provides analysis and insights on trends in global energy demand and supply, and what they imply for energy security, environmental protection and economic development. The WEO covers the whole energy system and uses a scenario-based approach to highlight the key choices, consequences and issues lying ahead, and to show how the course of the energy system can be affected by changing some of the key variables, mostly the energy policies adopted by governments around the world. This article tries to identify the main conclusions which can be drawn from this year’s edition, in the troubled context of the energy crisis stemming from the Russian aggression in Ukraine and with the pressing climate urgency in the background.","PeriodicalId":102274,"journal":{"name":"The European Energy and Climate Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129364352","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
On 14 March 2023, the European Commission presented its proposals for reforming the EU’s electricity market design, supporting hedging and market-based price mechanisms to address volatility of wholesale electricity prices. Besides PPA, energy sharing and forward markets, the reform promotes especially the recourse to two-way CfD to allow the generator for a revenue guarantee for the electricity produced but with an upward limitation when market prices are high. The Commission also announced the probable end of inframarginal cap and recommends revaluing the importance of OPEX, in order to encourage further non-fossil flexibility services for renewable integration. Consumers are also at the centre of the reform with the Commission allowing for limited national price setting intervention, mandatory offer of fixed contract and a designated supply of last resort.
{"title":"EC proposed reform of the EU electricity market","authors":"François-Charles Laprévote, Camilla Cozzani","doi":"10.4337/eecj.2023.03.01","DOIUrl":"https://doi.org/10.4337/eecj.2023.03.01","url":null,"abstract":"On 14 March 2023, the European Commission presented its proposals for reforming the EU’s electricity market design, supporting hedging and market-based price mechanisms to address volatility of wholesale electricity prices. Besides PPA, energy sharing and forward markets, the reform promotes especially the recourse to two-way CfD to allow the generator for a revenue guarantee for the electricity produced but with an upward limitation when market prices are high. The Commission also announced the probable end of inframarginal cap and recommends revaluing the importance of OPEX, in order to encourage further non-fossil flexibility services for renewable integration. Consumers are also at the centre of the reform with the Commission allowing for limited national price setting intervention, mandatory offer of fixed contract and a designated supply of last resort.","PeriodicalId":102274,"journal":{"name":"The European Energy and Climate Journal","volume":"11 3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124618876","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Christophe Wauters, Alice Roux, Cristina Dionisio, Lapo Tortorelli
The European Commission’s definition of renewable hydrogen aims at upscaling the use of renewable hydrogen by providing regulatory certainty to investors in light of the European Union’s objectives on hydrogen production and import as set out in the REPowerEU Plan. Upscaling the use of renewable hydrogen will accelerate decarbonization and reduce dependence on Russian fossil fuels.
{"title":"Renewable hydrogen’s been defined within the EU","authors":"Christophe Wauters, Alice Roux, Cristina Dionisio, Lapo Tortorelli","doi":"10.4337/eecj.2023.03.02","DOIUrl":"https://doi.org/10.4337/eecj.2023.03.02","url":null,"abstract":"The European Commission’s definition of renewable hydrogen aims at upscaling the use of renewable hydrogen by providing regulatory certainty to investors in light of the European Union’s objectives on hydrogen production and import as set out in the REPowerEU Plan. Upscaling the use of renewable hydrogen will accelerate decarbonization and reduce dependence on Russian fossil fuels.","PeriodicalId":102274,"journal":{"name":"The European Energy and Climate Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130978180","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Ngozi Chinwa Ole, Eduardo G. Pereira, Peter Kayode Oniemola and Gustavo Kaercher Loureiro (eds), Regulatory Support for Off-Grid Renewable Electricity *","authors":"Uche Valentine Obi San","doi":"10.4337/eecj.2023.03.06","DOIUrl":"https://doi.org/10.4337/eecj.2023.03.06","url":null,"abstract":"","PeriodicalId":102274,"journal":{"name":"The European Energy and Climate Journal","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129341692","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This article traces the German path that was found after the so-called Red Kite verdict of 2018. The federal and state governments are working together with the relevant stakeholders on solutions to put the approval of wind turbines – it is primarily about the species protection test – on a broader footing. The process was initiated in 2019 and is currently still in progress. The last work is currently being done by the Probabilistic Working Group, which will be discussed in more detail later. The aspect of the increase in the risk of death of specially protected species on wind turbines, to be assessed using probabilistic methods, is a new issue in the debate and therefore represents a decisive moment in the joint development.
{"title":"Independent energy: how stakeholders work together to find common solutions","authors":"Michael Krieger","doi":"10.4337/eecj.2023.0001","DOIUrl":"https://doi.org/10.4337/eecj.2023.0001","url":null,"abstract":"This article traces the German path that was found after the so-called Red Kite verdict of 2018. The federal and state governments are working together with the relevant stakeholders on solutions to put the approval of wind turbines – it is primarily about the species protection test – on a broader footing. The process was initiated in 2019 and is currently still in progress. The last work is currently being done by the Probabilistic Working Group, which will be discussed in more detail later. The aspect of the increase in the risk of death of specially protected species on wind turbines, to be assessed using probabilistic methods, is a new issue in the debate and therefore represents a decisive moment in the joint development.","PeriodicalId":102274,"journal":{"name":"The European Energy and Climate Journal","volume":"143 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133177406","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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