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Towards a Future-proofed EU Energy Market Design 23 – 24 January 2017
Session 3: Integrating gas and electricity markets for future-proofing the EU energy market design How can regulators help deliver the new energy market design? Lord Mogg ACER Board of Regulators Chair and CEER President Towards a Future-proofed EU Energy Market Design 23 – 24 January 2017
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CLEAN ENERGY FOR ALL EUROPEANS
Making Markets Work Smarter Systems Operations Flexible Regulations CLEAN ENERGY FOR ALL EUROPEANS Balancing Innovation and Regulation Securing Supplies Regulatory Oversight
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How can regulators help deliver the new energy market design?
Flexible Regulation Regulators must facilitate the entry of new suppliers into the retail market to ensure broader choice for consumers by removing entry barriers Securing Supplies Greater transparency and regulatory involvement is needed to ensure that consumers, industry and politicians can trust that markets are functioning well. Making Markets Work The real-time value of energy should be the basis of the price signals that all participants face. Smarter System Operation We welcome a proportionate and focused approach to TSO cooperation and to the future cooperation between TSO and DSOs. Balancing Innovation and Regulation Remove priority dispatch; to bring renewables into the market; and to ensure that all relevant market players are responsible for balancing. Regulatory Oversight Regulators need to ensure that the roles and responsibilities at national and EU level are clear and proper checks and balances are in place. Regional governance needs robust stress testing.
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