A recent agreement to reform Europe’s electricity market has enshrined into EU law the unprecedented right of consumers to produce, sell and share their own electricity in newly-defined “citizen energy communities”.
Bulgarian minister Temenuzhka Petkova has said her country preferred paying a multi-million euro fine rather than follow a Commission injunction. Such a reform, in her words, would have threatened the country's national security. EURACTIV checked the facts.
If the energy market fails to deliver affordable prices for those in a vulnerable situation, it should not trample people’s right to live a decent life. A way to limit harm is to avoid prices going too high, writes Monique Goyens.
As the European Commission unveiled its long-term vision for greenhouse gas reduction on Wednesday (28 November), a yellow cloud hung over the grand pronouncements.
Whilst wanting to protect regulated tariffs at all costs, France has committed itself to a coalition of the lowest bidders on climate issues, in particular with countries defending the coal industry, writes the ANODE.
Whether it’s for heating their swimming pools or to power their air conditioning systems and home appliances, regulated electricity prices “give the greatest potential benefit to richer households” who consume the largest amounts of energy, says Klaus-Dieter Borchard.
Electricity prices regulated by the government are commonplace in Europe, chiefly out of concern for vulnerable consumers. But they also undermine the adoption of innovative demand-response technologies, which are key to integrate higher shares of renewables and electric cars.
UPDATE: EU negotiators reached agreement Monday evening (12 November) on a legal framework for “citizen energy communities” in a deal solar PV manufacturers hailed as a victory for small-scale renewable energy production.
With growing shares of renewable energies added to the system, the dynamic pricing of electricity becomes even more important in order to provide flexibility on the demand side, says Pierre Tardieu. This is why regulated energy prices can only slow the pace of the energy transition, he argues.
The European Commission has renewed its push to phase out regulated electricity prices, arguing they distort the market and slow down the transition to clean energy. But faced with reluctance from EU countries, it has now tabled a compromise based on a common EU definition of energy poverty.
Artificially low energy prices in France are one of the reasons why former state monopoly EDF loses money, says Thomas Pellerin-Carlin. Moreover, regulated prices are useless to protect vulnerable consumers from energy poverty and “almost never leads to low energy bills,” he argues.
Many European countries have placed limits on electricity prices, often justified by consumer concerns about rising energy bills, or to protect households from energy poverty. But regulated energy prices also thwart competition and hinder the deployment of clean energy solutions....
A long-awaited EU project that could put an end to the energy isolation of Cyprus and the Greek island of Crete is under threat due to a dispute between the parties involved. But the European Commission does not want to “point fingers” at anybody.
A proposed ePrivacy regulation currently under discussion at EU level would hurt new business models in the clean energy sector, which are “almost all” based on the collection and treatment of data by home equipment and smart meters, warns an industry coalition.
Energy companies with more than 200,000 clients will be obliged to provide households with at least one offer comprising dynamic price contracts, under an EU-level agreement reached behind closed doors last week, EURACTIV.com has learned.
The EU has recognised access to energy as a human right. But whether it will enforce a disconnection safeguard remains to be seen, writes Guillaume Derivaux.
Whether it relates to electricity prices charged to customers, the calculation of grid availability across borders, or the EU’s law-making process itself, the quest for transparency has emerged as a cross-cutting theme in Europe’s ongoing power market reform.
Distributed energy solutions such as solar PV, batteries, and smart controls are getting cheaper by the day and will soon outperform traditional energy sources such as coal, gas, and nuclear power, says Hervé Touati. In any case, Blockchain-type solutions will be needed for the mass deployment of electric vehicles, he warns.
In the Visegrad countries, decision makers prefer their historical favourites – coal and nuclear – to renewable sources and energy efficiency. As the Global Climate Action Summit resumes in San Francisco, it’s important to realise that corporate leadership can also shape the outlook for clean energy in Eastern Europe, writes Ada Ámon.
Detractors of capacity mechanisms argue they are mere state aid for dirty fossil fuels that should be eliminated as soon as possible while supporters claim they provide vital back-up in the transition to renewable electricity. The fact that both are correct is leaving Europe in a quandary.
As the EU’s power market reform enters the home straight, EURACTIV.com takes a look at so-called “capacity mechanisms” for back-up electricity and whether they help or hinder the EU’s twin objectives of supply security and decarbonisation.
A group of seven countries – comprising France, Poland, Italy, Hungary, Greece, Ireland and the UK – have issued a common position on the reform of Europe’s electricity market, saying “strategic reserves” for electricity should not receive favourable treatment from regulators.
The EU’s decisions to approve state support for emergency power plants in France, Germany, Poland, Italy and Greece will all have to be revisited in light of the ongoing reform of electricity market rules, the European Commission said on Tuesday (4 September), saying it won’t make an exception for Germany.
