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CEO Declaration 18/03/2009 Power Choices study 05/11/2010 - - PowerPoint PPT Presentation
CEO Declaration 18/03/2009 Power Choices study 05/11/2010 - - PowerPoint PPT Presentation
CEO Declaration 18/03/2009 Power Choices study 05/11/2010 Divergent European energy markets European Council (04/02/2011) calling for the completion of the internal energy market by 2014! But national interests are leading some
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Power Choices study – 05/11/2010
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We fully agree with paragraph 2.2. of the EESC opinion: „The objective of creating an internal market for electricity and gas dates back to 1996 but 15 years on, the internal market is still a distant dream […]“
European Council (04/02/2011) calling for the completion of the internal energy market by 2014! But national interests are leading some Member States off this course Are we losing track? Divergent European energy markets
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Obligation to use domestic coal Capacity mechanism Regulated power prices (tariff deficit) Volatile RES promotion schemes
Spain
Low carbon support (CFDs or feed-in tariff) Capacity mechanism Carbon price support Emissions Performance Standard
UK
Regulated power prices (e.g. ARENH) Capacity mechanism (planned)
France
Nuclear phase-out decisions/laws > 50% of market politically determined by 2020 Only shielded national instruments to achieve these targets
Germany
Capacity mechanism Volatile RES promotion schemes
Italy
Regulated consumer prices
Eastern Europe
Taxation policies (e.g. nuclear fuel tax)
Nordic
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Source: Capacities announced in 2020 in the national RES action plans
Why more in Germany than in Southern Europe?
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- Make a carbon-neutral society possible: stop policy
inconsistencies between EU and EU/ national policies!
- Risk of market deterioration + lessened social welfare
WHAT IS THE PRICE FOR NON-EUROPEAN, NON- COHERENT POLICIES?
- A strong implication of the European Commission,