1. Draft RES Directive: some sticking points
Jaap Jansen

2. The Commission deserves a lot of credits
Promotion of a well-functioning single E market
Promotion of a sustainable environment (EU ETS, etc.)
Preparing last 23 January’s package
>> Yet … the EU policy framework for RES promotion is a rather tedious subject

3. Draft RES Dir: three sticking points
The choice of a new energy numéraire
Ensuring reliable accounting and sustainability
Guarantees of Origin (GoO)

4. New numéraire: final energy consumption
Relative weights of apples and oranges
The use of renewable substitutes in industrial feedstock neglected

5. Renewables: proper accountancy and sustainability
Renewables a 100+ billion €/y business in the EU
Renewable feature good for tens of billion €/y !!!
Guarantees of Origin (GoO) to cover total quantity of final renewables consumption completely
Ensuring reliable accounting of RES
Ensuring sustainability of RES supply chain
GoO for (imported) biofuels to be urgently considered

6. Draft RES Dir.: Environmental protection perspective
What is a GoO?
RES-E Directive 2001/77/EC
E-M Directive 2003/54/EC
To promote trade in RES-E
To reliably verify info for transparency of the consumer’s choice
Draft RES Dir.: Environmental protection perspective
Tool for national support schemes
Tool for state trade for “smooth” target accounting
Internal market perspective

7. Proposed GoO regulation: some issues
Redemption after one single use OK !!!
Yet flexibility mechanism efficient and transparent???
Intervention bias pro new installations Treaty compatible???
Are consumer concerns addressed at all???
Lock-in at first cash-in of support benefits ???
Compliance sanction???
>> Rigorous redrafting needed

8. Just a few suggested amendments (I)
A GoO is a unique (or at least leading) proof of origin attributes it specifies of the underlying specific quantity of energy: e.g.
(Renewable) energy source
Production location
Production (or issuing) date
Sustainability OK (whole supply chain)
Date installation entered on line
GoO regulation in realm of internal market rules for all uses but one

9. Some suggested amendments (II)
Exception use: application for benefits of a national support scheme
Regulation on national support schemes ring-fenced under Env. Protection State Aid rules
NO automatic right to use an imported GoO for benefits of a national support scheme
Only yes for GoO origin/schemes within joint support scheme bubble
Prior fiat Commission needed to start bubble

10. Thank you j.jansen@ecn.nl