Johannes Kindler Vice-Chairman Bundesnetzagentur Vice-President of CEER 3rd FTS – CEER meeting St-Petersburg, 17 May 2011 New Regulation of Energy Trading.

Slides:



Advertisements
Similar presentations
Pécs Midterm review of the achievements of the Hungarian Presidency of the Council of the European Union András Rozmer Department of Strategy.
Advertisements

Directorate General for Energy and Transport Next steps in developing the regional energy market in South East Europe European Commission DG Energy and.
TITRE Public Workshop on REMIT Ljubljana, 19 July 2012 Issues for the 2 nd edition of the ACER Guidance on the application of REMIT Volker Zuleger Seconded.
TITRE Public Workshop on REMIT Ljubljana, 19 July 2012 Public consultation document on ACER recommendations on REMIT records of transactions and implementing.
Market Concentration in the European Energy Sector Dr Baris Karapinar, NCCR Trade WP5.
Update on Transparency Obligations Martin Reisner Junior Adviser, Transparency ENTSOGs Transparency Workshop Brussels – 11 September 2012.
Safeguarding Investments In Gas Infrastructure Informal lecture Agency for the Cooperation of Energy Regulators, ACER - By Tim Boersma.
Completing the EU internal energy market IFIEC, 22 November 2011
Heinz Hilbrecht Director "Security of Supply and Energy Markets" European Commission - DG TREN , GRI NW, Amsterdam Regional Cooperation Role of.
Pilot Project – Energy Trade Data Reporting Scheme Background information Waler Boltz, Chairman CEER Gas Working Group 19th Madrid Forum March 2011.
Europex position on the CEER Draft Advice on the introduction of Europe-wide Energy Wholesale Trading Passport CEER workshop 31 May 2011.
The work of European energy regulators on generation adequacy FTS-CEER workshop on Regulatory Aspects of Power Capacity Markets 7 February 2012.
XVI European Electricity Regulatory Forum, Florence, June 2009 Tahir Kapetanovic (E-Control) ERGEG Security of Supply: System Adequacy Forecast &
Does the Third Package provide the European TSO associations with the tools necessary to find solutions to the European energy challenge ? Pierre BORNARD.
The big picture in the EU Managing conflicting objectives in tariff design Tom Maes, Vice-Chair CEER Gas Working Group Understanding the impact of regulatory.
Pamela Taylor, Ofgem Gas Target Model, 3 rd stakeholder workshop 11 th April 2011, London Connecting markets.
Completing the EU internal energy market
The Regulation on wholesale Energy Market Integrity and Transparency (REMIT)
Walter Boltz, Vice-President CEER 20 th Madrid Forum September 2011 Gas Target Model State of play.
Is the regulatory toolset right or is there a need for enhanced regional regulatory oversight? The Regional Initiatives: Europe’s key to energy market.
Position on Market integrity framework and transparency Florence Forum 6 December 2012 Robert Gersdorf.
Rocío Prieto, Co-Chair CEER LNG TF 20 th Madrid Forum September 2011 Accessing European LNG terminals.
Gent Summer School: Electricity Markets & Trading Gregory Michiels 27 August 2013.
XVIII Madrid Forum Madrid, September 2010 Wholesale energy trading licenses in the EU Johannes Kindler, Vice-President Federal Network Agency Germany.
“EU Shareholder Rights Directive: Effects and Practical Solutions” January 12, 2011 “Globalization on the march!” Panayotis Dracos President and CEO Union.
The Dutch experience: an efficient solution for business and administration Kornelis Drijfhout (Ministry of Economics) Smart Public Procurement: Efficient.
Valeria Termini Member of the CEER GA FTS-CEER bilateral meeting, Florence 06 th February 2012 Investment planning rules in Europe.
© 2014 CME Group. All rights reserved. Cross Border Regulation William Knottenbelt Senior Managing Director, International.
Status Implementation of the 3rd package Norway 10th Baltic Electricity Market Mini-Forum June 4, 2010 Anne Dønnem, NVE.
Achieving a sound investment climate – the role of regulators Boaz Moselle Joint-Chair, CEER Gas Working Group Managing Director – Corporate Strategy Ofgem.
ENTSO-E’s Network Development Plans and Network Codes: How a strong European grid supports security of supply, affordable electricity prices through market.
1 IFIEC Energy Forum 22 November 2011 Electricity.
Natural gas industry in Lithuania. Gas transmission and gas distribution companies in Lithuania. Gas consumption, gas consumers.
Electricity Infrastructure Workshop Brussels, 13 February 2007 The framework for a Single European Electricity Market Mrs Asta Sihvonen-Punkka, CEER EWG.
REMIT Implementation in DONG Energy DERA Seminar, 27 April 2012 Marie-Louise Piil Christensen.
Electricity Regional Initiative Central South European Region Draft Report on Transparency for the CSE-Region Jan Müller Bundesnetzagentur ERI Central.
David Halldearn, ERGEG Conference on Implementing the 3 rd Package Brussels, 11 th December 2008 Co-ordination of Decisions at Regional and European level.
Electricity trading in emerging markets Vienna Economic Forum Tirana, Albania 8-9 June 08 1 EXAA 2008.
Florence Forum, November 2008 Trading Transparency CESR/ERGEG advice to DG TREN and DG MARKT in the context of the Third Energy Package Johannes.
Walter Boltz, ERGEG Conference on Implementing the 3rd Package Brussels, 11th December 2008 European Regulators’ Work Programme 2009.
Pilot project – Energy Trade Data Reporting Scheme 1 st Steering Committee Meeting Brussels, 5 October 2010.
Energy Union Concept Walter Boltz, Chair of CEER Gas Working Group 27 th Madrid Forum, April 2015.
TITRE REMIT Seminar Copenhagen, 27 April 2012 ACER and the REMIT implementation in the EU Volker Zuleger Agency for the Cooperation of Energy Regulators.
1 Harmonisation within a merger of two spot power exchanges - Experiences by EEX and Powernext APEX CONFERENCE 2008 IN SYDNEY | 13 October 2008 Dr. Wolfgang.
Mr Martin Crouch, ERGEG Electricity Regulatory Forum 2009 Florence, 5 June 2009 Status Review of Sustainable Development in the Energy Sector.
Johannes Kindler Florence Forum – 4/5 June 2009 Transparency & Trading Analysis of energy and financial regulators.
Baltic Electricity Market Mini-Forum June 3, 2006 Riga, Latvia Electricity Licensing Rules in Lithuania Kestutis Zilenas Head of Licensing department National.
Walter Boltz & Asta Sihvonen-Punkka, ERGEG Conference on Implementing the 3 rd Package Brussels, 11 th December 2008 Implementing the 3 rd Package Framework.
European Wind Energy Conference & Exhibition May 2007, Milan 1 Jens Bömer Consultant for International Aspects of Wind Energy on behalf of the Federal.
Johannes Mayer (E-Control), Chair ERGEG URB TF Karsten Bourwieg (Bundesnetzagentur), ERGEG URB TF Citizens’ Energy Forum, London, September 2009.
Johannes Kindler Madrid Forum – 28/29 May 2009 Transparency & Trading: Analysis of energy and financial regulators.
1FTS-CEER bilateral meeting, St Petersburg, 17 May 2011 Peter Plug Chairman of the electricity working group Use and management of interconnections – The.
Rocío Prieto, Co-Chair CEER LNG TF 20 th Madrid Forum September 2011 Amendment of GGPSSO for CAM and CMP.
ERGEG Customers’ Focus Group Helsinki, October 2005 Chrissa Argyriou EUROPEAN COMMISSION DG Energy and Transport.
LNG Study: Is an European Action Plan Necessary? Bucharest, October 24 th, 2008 Pedro Moraleda Energy Markets Advice.
Walter Boltz, Chairman ERGEG Gas Working Group 17 th Madrid Forum 14 January 2010 Capacity allocation and congestion management in natural gas transmission.
CONFERENCE IMPLEMENTATION OF MARKETS IN FINANCIAL INSTRUMENTS DIRECTIVE -MiFID- Split, June 2007 OPENING SPEECH Ante Samodol President of the Board.
Energy sector regulation in Estonia Märt Ots Director General, Estonian Competition Authority 15th Anniversary Conference Tallinn
Towards sustainable European energy markets Remko Bos Director of the Energy department Authority for Consumers and Markets Vice President Council of European.
UPDATES ON THE LATEST DEVELOPMENTS IN LITHUANIA Aistija Zubaviciute NCC, Lithuania 11 th Baltic Electricity Market Mini-Forum 1 st October 2010.
Improved communication to better reach Regional Initiatives stakeholders Ms Una Shortall CEER Deputy Secretary General The Regional Initiatives: Europe’s.
Gints Zeltiņš Commissioner of the Public Utilities Commission of Latvia Multi-sectoral regulator: Public Utilities Commission of Latvia.
Electricity licensing and trading rules in Latvia Mini-Forum, July 3, 2006 Sandija Audzere, Head of Energy Unit, Legal Department Public Utilities Commission.
Regulations and Trends impacting Treasurers
EER Work Programme 2011 – electricity
Eurogas Views on a Conceptual European Gas Market Model
Role of gas storage in the context of SoS
Europe’s emerging energy and environment policy
Energy Regulatory Agency of Montenegro
The role of the National Regulatory Authorities
Presentation transcript:

Johannes Kindler Vice-Chairman Bundesnetzagentur Vice-President of CEER 3rd FTS – CEER meeting St-Petersburg, 17 May 2011 New Regulation of Energy Trading in Europe

2 3rd FTS-CEER meeting, 17 May 2011 Energy Trading Trading Transport Generation Single European Market

3 3rd FTS-CEER meeting, 17 May 2011 Current situation Energy Trading MiFID EMIR MAD

4 3rd FTS-CEER meeting, 17 May 2011 Current situation Energy Trading MiFID National Authorities ESMA ACER EMIR MAD Energy Trading MiFID EMIR MAD

5 3rd FTS-CEER meeting, 17 May 2011 Solution R R egulation on E E nergy M M arket I I ntegrity and T T ransparency

6 3rd FTS-CEER meeting, 17 May 2011 Transparency REMIT Transaction Reporting Market Abuse Insider Dealing

7 3rd FTS-CEER meeting, 17 May 2011 New regulation MiFID EMIR MAD REMIT Energy Trading

8 3rd FTS-CEER meeting, 17 May 2011 There is a risk! MiFID EMIR MAD REMIT Energy Trading Split between Spot Derivatives

9 3rd FTS-CEER meeting, 17 May 2011 REMIT: Licensing

10 3rd FTS-CEER meeting, 17 May 2011 REMIT: Licensing

11 3rd FTS-CEER meeting, 17 May 2011 REMIT: Licensing

12 3rd FTS-CEER meeting, 17 May 2011 Key aspects of CEER advice One single trading license:  permits European-wide trading activities  covers electricity and gas  necessary for wholesale trading (not supply)  considered by the home country of the trading companies headquarters  fees are cost-based Public consultation until 17th June. CEER workshop on 31st May in Brussels.

13 3rd FTS-CEER meeting, 17 May 2011 Спасибо за внимание (Thank you for your attention!)