The Florence School of Regulation and the Hellenic Energy Regulation Institute
European Energy Law and Policy Conference
30 September 2016
Athens Chamber of Commerce and Industry
The conference is intended to bring together academics, institutional representatives, and key market players to discuss the core issues which have arisen from recent important developments in the European and global energy sector.
I. The future of coal and lignite in the EU after the Paris Agreement
This session will address the implications of the commitments made under the Paris Agreement to phase out CO2 emissions, which will include divesting from projects involved in fossil fuel-related activities, adopting binding carbon budgets for all fossil-fired power plants, and banning new opencast lignite mines. As the EU will have to further intensify its efforts towards decarbonisation, how can it mitigate the impact of decarbonisation on energy security and supply?
II. The Liberalisation of the Gas and Electricity Markets
The liberalisation of the European gas and electricity markets is a long-standing process which continues to face obstacles and trade barriers. Initiated in 1996 and developed through three energy packages with continuously renewed targets reaching to 2050 and beyond, the process of liberalisation aims to ensure a functioning market and fair market access, a high level of consumer protection as well as adequate levels of interconnection and generation capacity within an internal energy market. The accomplishment of a harmonised approach towards a secure, sustainable and competitive energy for Europe requires high level target setting, such as the Target Model, the rules of which, defined by Framework Guidelines and Network Codes, allow for a coordinated approach and thus efficient results. What have been the achievements so far and how have they been realised? What challenges lie ahead?
III. Energy Security and transnational pipelines: can we export EU law to third countries?- The role of States and markets in the hydrocarbon sector
Following the lively debate over the Nord Stream 2 pipeline and the question of the applicability of EU energy law to the importation of gas from third countries, this session will examine several crucial issues which have emerged from the case. For example, what do the divergent opinions of the Directorate General and the Commission's legal service reveal about the complexities of transnational pipelines? How should energy security be considered in this context? What are the implications of the Commission's new Energy Security Package? How have existing transnational pipeline projects handled these challenges?
IV. Renewable Energy: what could, and should, happen after 2020?
This session will consider the new renewable energy directive and updated EU bio-energy sustainability policy, which the European Commission plans to introduce for the period 2020- 2030, following the Energy Union Framework Strategy. This includes ambitious plans for a common renewable energy target, which will require multiple measures. How should this new framework be devised? How is the Paris Agreement expected to influence the development and implementation of the new renewable energy directive? How will electricity markets handle this increased penetration of RES in the energy mix and which regulatory modifications are necessary?
V. The future role of the DSO and its regulation
In 2014, the Council of European Energy Regulators (CEER) launched a consultation on the future role of Distribution System Operators (DSOs). In its Conclusions Paper of 13 July 2015, the CEER stated that there cannot be a single model for the role of the DSOs, given their various and often country-specific features across Europe. In light of this, the CEER provided guiding principles to which the DSOs should comply. But, with these instructions come several questions. What does the DSOs' role as neutral market facilitators entail? What regulatory provisions need to be made with regard to data management? And, what should be the relationship between the DSOs and the TSOs?
08.30 – 09.00 Welcome coffee & registration
09.00 – 09.10 Antonis Metaxas | Hellenic Energy Regulation Institute; University of Athens; Metaxas & Associates Law Firm
09.10 – 09.30 Opening address
Michael Verriopoulos | Ministry of Environment and Energy, Greece
09.30 – 10.00 Keynote Address
Europe’s low carbon energy challenge: regulating to make markets work
Sir Philip Lowe | FTI Consulting; Former Director General for Energy and Competition, European Commission
Session 1 The future of coal and lignite in the EU after the Paris Agreement
10.00 – 10.45 Chair: Spyros Kouvelis | Former Deputy Minister for External Affairs
Coal after the Paris Agreement
Lena Sandberg | Gibson Dunn LLP
Transparency Mechanism (Article 13): The backbone of the Paris Agreement on Climate Change
Alexandros Sarris | Erasmus University Rotterdam
The future of coal for hedging and energy security in a low carbon economy
Athanasios Dagoumas | University of Piraeus.
10.45 – 11.00 Coffee break
Session 2 The Liberalisation of the Gas and Electricity Markets
11.00 – 12.00 Chair: Leigh Hancher | FSR; Tilburg University; Allen & Overy LLP
Regions: the future of the European Internal Electricity Market
Nils-Henrik von der Fehr | University of Oslo; CERRE
Reforms in the Greek Electricity Market: Key Issues and Challenges
Nektaria Karakatsani | Regulatory Authority for Energy (RAE), Greece
Capacity Remuneration Mechanisms: market failure and regulatory failures
Fernando Barrera | Frontier Economics
Retail market opening targets under the new regulatory and business environment
Marios Andrikopoulos | ELPEDISON S.A.
The liberalisation of the gas market in Greece
Zoi Stolaki | Public Gas Corporation (DEPA) S.A., Legal Department
12.00 – 12.15 Coffee break
Session 3 Energy Security and transnational pipelines: can we export EU law to third countries?
- The role of States and markets in the hydrocarbon sector
12.15 – 13.30 Chair: Athanassios Kaissis | Hellenic International University
The state of the East Mediterranean: natural gas exploration and cooperation challenges
Theocharis Theocharis | Member of the Greek Parliament Committee of production and trade
Going beyond Nord Stream II: how to secure the compliance of connecting pipelines with EU energy legislation
George Paidakakis | Regulatory Authority for Energy (RAE), Greece
The Security of Gas Supply under the (EU) Regulation 994/2010, the recent Proposal for its amendment and the importance of the European legal framework on Intergovernmental Agreements with third countries as a means of safeguarding security of supply in the Union
John A. Apsouris | Hellenic Petroleum S.A.
Alexia Trokoudi | Hellenic Petroleum S.A.
Reflections on the procurement, construction and operation of transnational gas pipelines: How far is EU law to be applied?
Kyriakos Papanikolaou | Democritus University of Thrace
13.30 – 14.30 Lunch
Session 4 Renewable Energy: what could and should happen after 2020?
14.30 – 16.00 Chair: Savvas Seimanides | European Renewable Energies Federation (EREF)
The RES market transformation in the EU: status and prospects
Savvas Seimanides | European Renewable Energies Federation (EREF)
The Paris Commitments: system change for renewable energy
Rainer Hinrichs-Rahlwes | Bundesverband Erneuerbare Energie e.V.
The new RES support mechanism in Greece: expectations and challenges
Ioannis Tzortzis | Regulatory Authority for Energy (RAE), Greece
16.00 – 16.30 Coffee break
Session 5 The future role of the DSO and its regulation
16.30 – 18.00 Chair: Antonis Metaxas | Hellenic Energy Regulation Institute; University of Athens; Metaxas & Associates
The new role of DSOs: a changing paradigm
Alberto Pototschnig | ACER; FSR
Franz Jürgen Säcker | Institute of Energy and Regulatory Law, Germany
Future TSO - DSO Interaction
Michael Chatzikyriakou | Independent Power Transmission Operator (ADMIE S.A.), Greece
The future role of network operators: the lessons emerging from the GB experience
Duncan Sinclair | Baringa Partners
The DSO evolution framework within the EU electricity market: issues of regulation and supervision
Foteini Antonopoulou | Regulatory Authority for Energy (RAE), Greece
18.00 – 18.15 Conclusions
Leigh Hancher | FSR; Tilburg University; Allen & Overy LLP