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Implementation of 3 rd Energy Package: latest developments in Lithuania 1 Kęstutis Žilėnas Ministry of Energy, Lithuania 11 th Baltic Electricity Market.

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Presentation on theme: "Implementation of 3 rd Energy Package: latest developments in Lithuania 1 Kęstutis Žilėnas Ministry of Energy, Lithuania 11 th Baltic Electricity Market."— Presentation transcript:

1 Implementation of 3 rd Energy Package: latest developments in Lithuania 1 Kęstutis Žilėnas Ministry of Energy, Lithuania 11 th Baltic Electricity Market Mini-Forum Jurmala, Latvia, 1 st October, 2010

2 3 rd Energy Package Directives (1/4)  Adopted by the European Parliament and the Council: 13 July, 2009  Deadline to transpose Directives to the national law: 3 March, 2011  Deadline for implementation: 3 March, 2012 Precondition to:  succeed with strategic energy infrastructure;  ensure functioning EU internal market.

3 3 rd Energy Package Directives (2/4) Lithuania’s choice: first alternative – ownership unbundling  4-th May, 2010 – Framework concept for amendment of the Law on Electricity;  19-th May, 2010 – Framework concept for amendment of the Law on Natural Gas;  both Framework concepts:  foresee implementation of the Energy package Directives according to the first alternative, namely the ownership unbundling of the respective transmission systems;  set the guidelines how the amendments to the laws should be drafted, foresees basic principles and sections of the future laws.

4 3 rd Energy Package Directives (3/4) Most important principles of the implementation process:  a high level of public participation in the ongoing drafting process;  the Government and the Ministry seek a close and effective cooperation with the stake holders to:  achieve the optimal working solutions for the sector;  strictly abide to the EU law;  the main stake holders in the respective sectors are invited to participate in the working groups on the drafting of the laws;  Ministry seeks to timely finish all the preparatory steps so that the Parliament would be submitted the drafts in this autumn at the latest.

5 3 rd Energy Package Directives (4/4) Current and Future Steps:  Drafting legislation: preparation the draft laws [June – August 2010];  Public consultation: public consultation rounds shall take place [August – September 2010];  Adoption of proposals and submission to the Parliament: draft proposals are going to be adopted by Government and submitted to the Parliament [September – October 2010];  Adoption of legislative proposals and secondary legislation: is estimated [for the end of 2010 – beginning of 2011]; and in any case so that the national provisions would enter into force within the period prescribed by the directive.

6 Strengthening of the Regulatory Authority Establishment of the Infrastructure Regulatory Authority (IRA)  Merger of 3 regulatory institutions into the IRA should ensure:  independent and strong regulatory authority;  uniform regulatory principles among energy sectors;  stable regulatory environment for the investments;  effective protection of the consumer rights.  Framework concept for IRA [28 April, 2010];  Draft of the necessary Laws have been prepared by the Ministry and approved by the Government [22 September, 2010];  Adoption of legislative proposals by the Parliament [by the end of 2010].

7 Vision – 2020  Interconnected, integrated and competitive electricity market with steadily increasing and relevant generation from renewable and nuclear;  Functioning regional natural gas market with diversified supply;

8 Thank You for Your attention! 8


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