RTE The French Transmission System Operator RTE/OH 1

Size: px
Start display at page:

Download "RTE The French Transmission System Operator RTE/OH 1"

Transcription

1 RTE The French Transmission System Operator RTE/OH 1

2 RTE/OH 2 RTE TRANSMISSION LINES

3 FRENCH TRANSMISSION NETWORK Main and interconnexion network 400 kv Regional distribution networks 225 kv, 90 kv et 63 kv Circuits Length (km) Number of substations RTE/OH kv 225 kv 90 kv 63 kv

4 7 RTE REGIONAL AREAS Nord Normandie Paris Est Ouest Rhône-Alpes Auvergne RTE/OH 4 Sud Ouest Sud-Est

5 POWER DISPATCHING ENGLAND BELGIUM National Control Centre PARIS St QUENTIN NANTES LIL LE NANCY GERMANY SWITZ. 400 kv TOULOUSE LY ON MARSEILLE ITALYI TSO (RTE) 7 Regional Control Centres Transmission SPA I N System Operator NANCY 225 kv 63 kv RTE/OH 5 DSOs Distribution System Operators EDF & other distributors low & medium voltage

6 TWO MAIN AND INSEPARABLE ACTIVITIES Power System Transmission Network Responsible for: transmission system access power system safety network development project management Flow management people Responsible for: network maintenance network development engineering Industrial management people RTE/OH 6 Competencies and activities are at the same time different and complementary

7 EUROPEAN MARKET LIBERALISATION RTE/OH 7

8 NEGOCIATING THE DIRECTIVE Between two extremes RTE/OH 8 Draft 1992 (TPA) Draft 1993 (NTPA) 1995 Commission working document (coexistence NTPA-SB) Market-oriented Adoption Implementation 1996 Italian proposal 1995 Spanish presidency 1994 French proposal (SB) Public Sectororiented

9 A COMPROMISE TEXT Progressive but limited market opening: 1999: > 27 % } 2000: > 30 % } of European market 2003: > 35 % } But it s only a step: new market opening before 2006 Measures to ensure a smooth running of the market: independent transmission system operators account unbundling for generation, transmission & distribution activities independent national regulators RTE/OH 9

10 MARKET OPENING IN THE E.U. RTE/OH production TSO opening procedure unbundling TPA Portugal auth. / tender. legal S.B. / reg. France auth. + tender. management 30 % Greece legal Ireland regulated Austria 32 % mostly legal Netherlands 33 % Italy legal S.B. / reg. 35 % Belgium Luxembourg 40 % authorisation management Spain 54 % ownership Denmark 90 % legal regulated Finland ownership U.K. own. / legal 100 % Sweden ownership Germany manag. / legal negotiated

11 EVOLUTION OF E.U. ELECTRICITY PRICES 110,0 100,0 90,0 80,0 70, = 100 Market opening 100% < 100 % < 40 % 60, RTE/OH 11 The bigger market opening, the stronger price reduction

12 TOWARDS A NEW DIRECTIVE - MARKET Eligibility: Commission s proposal : all non-domestic electricity customers : all electricity customers Unbundling: legally and functional separation of transmission & distribution system operators Third party access: regulated TPA only RTE/OH 12 Regulation: independent regulatory authorities with competence to set/approve tariff & conditions for network access

13 TRANSMISSION IN THE NEW CONTEXT In the framework of progressive liberalisation of electricity markets in Europe, the transmission function plays an essential role for smooth running of the market Access must seem easy to producers, traders, consumers... TSOs manage the complexity of the system (technical constraints, balancing, bottlenecks ) RTE/OH 13

14 APPLICATION TO FRANCE RTE/OH 14

15 FROM MONOPOLIES The authorities: Energy, Environment... Foreign customers: electricity companies Purchase obligation by EDF, as defined par law Other producers EDF: electricity generation, transmission and distribution Others distributors Foreign suppliers (electricity companies) According to prices and needs of the market French customers EDF was ensuring the optimisation of all generation means in France, and was the unique supplier of final customers [exception: other distributors]. RTE/OH 15

16 TO LIBERALISATION Other producers Regulator Eligible consumers Other distributors Producer EDF R T E ( T S O ) Distributor EDF Non eligible consumers RTE/OH 16 Foreign producers and suppliers Foreign TSOs Competing suppliers Foreign TSOs Foreign consumers Eligible consumers, who are free to choose their suppliers Non eligible consumers Foreign consumers

17 ELECTRICITY GENERATION Long-term planning of generation investments Authorisation procedure: > 4.5 MW: operating license < 4.5 MW: simple declaration Tender procedure when capacities don t fit objectives of long-term planning Electricity purchase obligation by EDF and other distributors: clean energy RTE/OH 17

18 REGULATION Electricity Regulation Commission (CRE): 6 qualified members: six-year period non renewable mandate various incompatibilities + impartiality, independence and professional confidentiality services placed under president s authority RTE/OH 18

19 ROLE OF RTE IN THE NEW CONTEXT RTE/OH 19

20 RTE MISSIONS Transmission infrastructure management: operates and maintains public transmission grid is responsible for its development Power system operation: manages power flows and ensures balancing implements ancillary systems and compensates losses implements metering and compensates imbalances Ensuring access to public transmission system: concludes contracts with transmission system s users While ensuring: least cost system security absence of discrimination RTE/OH 20

21 RTE POSITION Department within an integrated company, EDF Management independence from other EDF activities Account unbundling within EDF RTE/OH 21

22 ENSURING INDEPENDENCE Financial independence: within EDF, RTE has its own budget its CEO is entirely responsible for its management Management independence: RTE employees can only receive instructions from CEO or one of his representative Organic independence: RTE CEO cannot be member of EDF Board protocols set the relations between RTE and EDF other activities (in particular conditions of access to system and application of access tariffs) RTE set up its own information system RTE/OH 22

23 ROLE OF THE REGULATOR The CEO of RTE: is appointed by energy minister after CRE opinion reports on RTE activities to CRE Electricity Regulation Commission (CRE): gets RTE budget and accounts approves RTE annual investment programme approves unbundling rules settles disputes between RTE and system users proposes system use tariffs to energy minister RTE/OH 23

24 RTE WEB SITE RTE/OH 24

25 RTE and the POWER MARKETS RTE/OH 25

26 TWO TYPES OF MARKET PLAYERS Electricity market players: suppliers traders eligible consumers even RTE itself, as energy purchaser to compensate its losses Financial settlement of a posteriori imbalances Physical players on electric grids: French producers French consumers distributors importers and exporters Real-time system security RTE/OH 26

27 DIFFERENT MARKETS supplier bilateral contract consumer MT or LT supplier consumer supplier Powernext consumer D-1 (16 h) Spot market balance responsible entity Time scale balancing player balancing mechanism R T E Real time market RTE/OH 27

28 INTERACTIONS BETWEEN MARKETS OTC spot Electricity market players Balance responsible entity Imbalance generation consumption purchase supply incr. balancing decr. balancing Physical players (producers, consumers, importers, exporters) Imbalances settlement Metering Transit capacity allocation on interconnections Forecast System access time limit Balancing mechanism Real time Balancing settlement A posteriori RTE/OH 28

29 The EUROPEAN POWER MARKET RTE/OH 29

30 NETWORKS INTERCONNECTION The advantages of networks interconnection: pooling hazards to reduce their effects: all countries jointly contribute to safety reduction of generation investments & mobilisation of the most economical generation means the biggest synchronous grid in the World: a huge machine with several pilots JPP RTE/OH 30

31 SYNCHRONOUS AREAS UCTE BRITAIN NORDEL UCTE 2 CDO RTE/OH 31

32 ELECTRICAL EUROPEAN UNION TODAY Some data: 22 countries: 15 E.U. + Switzerland, Norway, accession countries annual consumption: about TWh annual exchanges: about 270 TWh TSOs get organized: ETSO RTE/OH 32

Industry Example: The European Market for Electricity

Industry Example: The European Market for Electricity Industry Example: The European Market for Electricity Professur für BWL, insb. Internationale Wirtschaft Folie 1 Agenda 1. Some theory 2. The National Markets for Electricity 3. EU Liberalization Policy

More information

Electricity, Gas and Water: The European Market Report 2014

Electricity, Gas and Water: The European Market Report 2014 Brochure More information from http://www.researchandmarkets.com/reports/2876228/ Electricity, Gas and Water: The European Market Report 2014 Description: The combined European annual demand for electricity,

More information

Price setting in the electricity markets within the EU single market

Price setting in the electricity markets within the EU single market PricesettingintheelectricitymarketswithintheEUsingle market AreportbyEASACtotheCommitteeonIndustry,ResearchandEnergyoftheEuropean Parliament February2006 Forfurtherinformation: FionaSteiger EASACSecretariat

More information

Power market integration. Geir-Arne Mo Team Lead Nordic Spot Trading Bergen Energi AS

Power market integration. Geir-Arne Mo Team Lead Nordic Spot Trading Bergen Energi AS Power market integration Geir-Arne Mo Team Lead Nordic Spot Trading Bergen Energi AS 1 Geir-Arne Mo Some background information: Working for Bergen Energi since 2015 Team Lead Nordic Spot Trading I work

More information

Introduction Anders Plejdrup Houmøller, CEO Houmoller Consulting ApS

Introduction Anders Plejdrup Houmøller, CEO Houmoller Consulting ApS Introduction Anders Plejdrup Houmøller, CEO Houmoller Consulting ApS Appendix 1 defines what intra-day trading of electricity means in a large part of Europe. Appendix 2 contains a map of 5 of the synchronous

More information

European Distribution System Operators for Smart Grids

European Distribution System Operators for Smart Grids European Distribution System Operators for Smart Grids Integrating electricity storage in distribution grids May 2016 Introduction Since the start of mass-electrification, the electricity industry has

More information

COMPETITIVE ELECTRIC ENERGY MARKET IN GREECE

COMPETITIVE ELECTRIC ENERGY MARKET IN GREECE NATIONAL TECHNICAL UNIVERSITY OF ATHENS (NTUA) GREECE COMPETITIVE ELECTRIC ENERGY MARKET IN GREECE EVANGELOS DIALYNAS Professor NTUA Director of Electric Power Division 1 Competitive Electric European

More information

Design and Operation of Power Systems with Large Amounts of Wind Power, first results of IEA collaboration

Design and Operation of Power Systems with Large Amounts of Wind Power, first results of IEA collaboration Design and Operation of Power Systems with Large Amounts of Wind Power, first results of IEA collaboration H. Holttinen, P. Meibom, A. Orths, F. Van Hulle, C. Ensslin, L. Hofmann, J. McCann, J. Pierik,

More information

Implementation progress of the EASEE-gas Common Business Practices (CBP's)

Implementation progress of the EASEE-gas Common Business Practices (CBP's) 1 Implementation progress of the EASEE-gas Common Business Practices (CBP's) 1. Introduction The European Association for the Streamlining of Energy Exchange-gas, or EASEE-gas, was established on March

More information

Renewable Energy Certificate systems in Europe (the path to international trade)

Renewable Energy Certificate systems in Europe (the path to international trade) Renewable Energy Certificate systems in Europe (the path to international trade) Marcel Galjee Board member RECS International Athens, March 31 st 2004 Outline of the presentation About RECS RECS International

More information

Regulatory Review and Barriers for the Electricity Supply System for Distributed Generation in EU-15

Regulatory Review and Barriers for the Electricity Supply System for Distributed Generation in EU-15 1 Regulatory Review and Barriers for the Electricity Supply System for Distributed Generation in EU-15 S. Ropenus, and K. Skytte, Risø National Laboratory Abstract When distributed electricity supply surpasses

More information

The pivotal role of TSOs in European energy market integration

The pivotal role of TSOs in European energy market integration The pivotal role of TSOs in European energy market integration To meet the needs of modern society, the energy market is having to change. Concerns about environmental sustainability and dwindling supplies

More information

400 billion of investment by 2020 2,400

400 billion of investment by 2020 2,400 Power Distribution in Europe Facts & Figures 400 billion of investment by 2020 2,400 electricity distribution companies 260million connected customers A EURELectric paper Electricity distribution is the

More information

ANCILLARY SERVICES. A Paper for PPC. Establishment Organisation and Pilot Operation of the HTSO. 21 September 2000

ANCILLARY SERVICES. A Paper for PPC. Establishment Organisation and Pilot Operation of the HTSO. 21 September 2000 ANCILLARY SERVICES A Paper for PPC Establishment Organisation and Pilot Operation of the HTSO 21 September 2000 TABLE OF CONTENTS 1. INTRODUCTION 1 2. SYSTEM TRADING ARRANGEMENTS 2 3. OPTIONS FOR PROCUREMENT

More information

Market coupling: looking at the future of the Italian Power Exchange

Market coupling: looking at the future of the Italian Power Exchange Market coupling: looking at the future of the Italian Power Exchange Anna Creti, Eileen Fumagalli IEFE Università Bocconi Elena Fumagalli Politecnico di Milano Giusi Squicciarini Autorità per l energia

More information

REPORT On the work of the Croatian Energy Regulatory Agency For the year 2005

REPORT On the work of the Croatian Energy Regulatory Agency For the year 2005 Republic of Croatia Croatian Energy Regulatory Agency REPORT On the work of the Croatian Energy Regulatory Agency For the year 2005 Zagreb, July 2006 Croatian Energy Regulatory Agency CONTENT A. REPORT

More information

Annex 2C International comparisons of gas and electricity prices

Annex 2C International comparisons of gas and electricity prices Annex 2C International comparisons of gas and electricity prices Wholesale gas prices in the UK have risen between 23 and 24. This has caused industrial and domestic gas prices to increase and the gap

More information

The European Union Gas and Electricity Directives

The European Union Gas and Electricity Directives 1 The European Union Gas and Electricity Directives by Steve Thomas September 2005 Funded by: EPSU 2 1. INTRODUCTION 8 2. THE DIRECTIVES 9 2.1. THE 1996 ELECTRICITY DIRECTIVE 9 2.1.1. Generation 9 2.1.2.

More information

THE STRUCTURE OF AN ELECTRICITY MARKET

THE STRUCTURE OF AN ELECTRICITY MARKET THE STRUCTURE OF AN ELECTRICITY MARKET Lectures 1-2 in EG2200 Power Generation Operation and Planning Mikael Amelin 1 COURSE OBJECTIVE To pass the course, the students should show that they are able to

More information

Main variations of business models for Flexible Industrial Demand combined with Variable Renewable Energy

Main variations of business models for Flexible Industrial Demand combined with Variable Renewable Energy Innovative Business Models for Market Uptake of Renewable Electricity unlocking the potential for flexibility in the Industrial Electricity Use Main variations of business models for Flexible Industrial

More information

October 2015 Imagination at work.

October 2015 Imagination at work. Grid Software Solutions Providing Solutions that Modernize the Grid October 2015 Imagination at work. 200 Over years combined experience in providing advanced energy solutions Grid Solutions Grid Solutions,

More information

Overview of Electricity Distribution in Europe Summary from Capgemini s 2008 European benchmarking survey. Point of View by Philippe Chanel

Overview of Electricity Distribution in Europe Summary from Capgemini s 2008 European benchmarking survey. Point of View by Philippe Chanel Energy, Utilities & Chemicals the way we see it Overview of Electricity Distribution in Europe Summary from Capgemini s 2008 European benchmarking survey Point of View by Philippe Chanel Contents Introduction

More information

What if BAU would come true?

What if BAU would come true? What if BAU would come true? Scanning transport CO 2 emissions in the EU Petri Tapio & Jyrki Luukkanen Finland Futures Research Centre The approach Introduction of general trends on EU15 level GDP Transport

More information

Electricity and natural gas price statistics 1

Electricity and natural gas price statistics 1 Electricity and natural gas price statistics 1 Source: Statistics Explained (http://epp.eurostat.ec.europa.eu/statistics_explained/) - 21/11/2011-09:11:44 Electricity and natural gas price statistics Data

More information

The Economics of Regulated Prices: mapping the issue

The Economics of Regulated Prices: mapping the issue The Economics of Regulated Prices: mapping the issue Catherine Waddams Centre for Competition Policy, University of East Anglia & Centre on Regulation in Europe CREG Annual Conference, Brussels, 28 th

More information

Power Generation Market Concentration in Europe 1996-2004. An Empirical Analysis.

Power Generation Market Concentration in Europe 1996-2004. An Empirical Analysis. 2005-012-en Power Generation Market Concentration in Europe 1996-2004. An Empirical Analysis. Berlin, September 2005 Dr. Felix Chr. Matthes Sabine Poetzsch Katherina Grashoff Öko-Institut e.v. Berlin Office

More information

European Power Exchanges Challenges for market integration

European Power Exchanges Challenges for market integration Mikael Lundin CEO Nord Pool Spot AS European Power Exchanges Challenges for market integration Helsinki, March 17 th 2011 About Nord Pool Spot Nord Pool Spot runs the largest market for power in the world

More information

The wine market: evolution and trends

The wine market: evolution and trends The wine market: evolution and trends May 2014 1 Table of contents 1. WINE CONSUMPTION 3 2. TRENDS IN WORLD WINE TRADE IN 20 6 3. TOP WINE EXPORTERS IN 20 7 4. TOP WINE IMPORTERS IN 20 9 5. THE FIVE LARGEST

More information

TURKEY S HYDROPOWER POTENTIAL and

TURKEY S HYDROPOWER POTENTIAL and ERE OTOPRODÜKTÖR, ELEKTRİK ÜRETİM, İLETİM ve DAĞITIM SANAYİ ve TİCARET A.Ş. TURKEY S HYDROPOWER POTENTIAL and REVIEW of ELECTRICITY GENERATION POLICIES from EU PERSPECTIVE FEASIBILITY CRITERIA FOR HEPP

More information

Power Trading and Retail System. empowering. smarter trading. across the energy value chain. Smart energy. Powering progress

Power Trading and Retail System. empowering. smarter trading. across the energy value chain. Smart energy. Powering progress Power Trading and Retail System empowering smarter trading across the energy value chain Smart energy. Powering progress In today s turbulent and increasingly complex energy markets, Atos Worldgrid PTRS

More information

ERMInE Database. Presentation by Nils Flatabø SINTEF Energy Research. ERMInE Workshop 2 - Northern Europe Oslo, 1. November 2006

ERMInE Database. Presentation by Nils Flatabø SINTEF Energy Research. ERMInE Workshop 2 - Northern Europe Oslo, 1. November 2006 ERMInE Database Presentation by Nils Flatabø SINTEF Energy Research ERMInE Workshop 2 - Northern Europe Oslo, 1. November 26 Overview Content of the Ermine Database Electronic Questionnaire RTD&D Data

More information

Poland must fully transpose the Third Energy Package Directives without further delay to liberalise the electricity and gas markets.

Poland must fully transpose the Third Energy Package Directives without further delay to liberalise the electricity and gas markets. Poland Key Issues + With regard to electricity, coal is still the main source of fuel for power generation. Poland's generating capacity is ageing, and the country needs better incentives for investment

More information

Challenges to integrate Renewables In the French and European Power System. Michel Béna, SmartGrids Director

Challenges to integrate Renewables In the French and European Power System. Michel Béna, SmartGrids Director Challenges to integrate Renewables In the French and European Power System Michel Béna, SmartGrids Director EDF R&D, 7th november 2012 RTE, in a few words Owner and Operator of EHV and HV network from

More information

Wind energy scenarios for 2020. A report by the European Wind Energy Association - July 2014. Wind energy scenarios for 2020

Wind energy scenarios for 2020. A report by the European Wind Energy Association - July 2014. Wind energy scenarios for 2020 A report by the European Wind Energy Association - July 2014 1 WIND ENERGY SCENARIOS FOR 2020 Content Background...3 Reasons for the new scenarios...3 Proposed new scenarios...3 Text and analysis: Jacopo

More information

International Services tariff

International Services tariff International Services tariff Contents International Services Sending money abroad 1 International payments 1 International drafts 1 Receiving money from abroad 1 Cut-off times and exchange rates 2 BIC

More information

Status Review of End-User Price Regulation as of 1 January 2010 Ref: E10-CEM-34-03 8 September 2010

Status Review of End-User Price Regulation as of 1 January 2010 Ref: E10-CEM-34-03 8 September 2010 Status Review of End-User Price Regulation as of January 00 Ref: E0-CEM-34-03 8 September 00 Council of European Energy Regulators ASBL 8 rue le Titien, 000 Bruxelles Arrondissement judiciaire de Bruxelles

More information

Developments in the Traded Market:

Developments in the Traded Market: PatrickHeatherConsultancy Developments in the Traded Market: The Evolution of European Traded Gas Hubs Eurogas Conference on Central and Eastern Europe Ljubljana, 15 th December, 2015 The contents of this

More information

Enel s experience on smart grids

Enel s experience on smart grids Enel s experience on smart grids Projects and Strategy Shenzhen, September 2014 Agenda Enel profile Overview of smart grid technologies Smart Grids and Smart Cities projects in Italy and Europe 2 Enel:

More information

Reliability and security of electricity supply: the Italian blackout

Reliability and security of electricity supply: the Italian blackout Reliability and security of electricity supply: the Italian blackout Alessandro Ortis President AEEG The Regulatory Authority for Electricity and Gas of Italy 5th NARUC/CEER Energy Regulators Roundtable

More information

ROMANIA COUNTRY PROFILE 44

ROMANIA COUNTRY PROFILE 44 ROMANIA COUNTRY PROFILE 44 Overview Romania has a population of approximately 21.55 million with a GDP of about USD 200,071 million. xxi The total primary energy supply in 2007 was 38.91 Mtoe (million

More information

GDF SUEZ. Introduction. Jean-François Cirelli

GDF SUEZ. Introduction. Jean-François Cirelli GDF SUEZ Introduction Jean-François Cirelli Content 1. Focus on gas market dynamics 2. Focus on electricity market dynamics 3. Focus on P&L resilience and sensitivities 4. Focus on synergies and performance

More information

THE ITALIAN ELECTRICITY MARKET

THE ITALIAN ELECTRICITY MARKET THE ITALIAN ELECTRICITY MARKET The Regulatory Authority for Electricity and Gas Francesco Cariello MARKET DEPARTMENT 6 October 2008 Autorità per l energia elettrica e il gas 1 Summary From monopoly to

More information

AN OVERVIEW OF INTERNATIONAL ENERGY AGENCY DEMAND SIDE MANAGEMENT PROGRAM TASK XIII: DEMAND RESPONSE RESOURCES PREPARED FOR:

AN OVERVIEW OF INTERNATIONAL ENERGY AGENCY DEMAND SIDE MANAGEMENT PROGRAM TASK XIII: DEMAND RESPONSE RESOURCES PREPARED FOR: AN OVERVIEW OF INTERNATIONAL ENERGY AGENCY DEMAND SIDE MANAGEMENT PROGRAM TASK XIII: DEMAND RESPONSE RESOURCES PREPARED FOR: FEDERAL ENERGY REGULATORY COMMISSION S TECHNICAL CONFERENCE ON DEMAND RESPONSE

More information

SURVEY ON THE TRAINING OF GENERAL CARE NURSES IN THE EUROPEAN UNION. The current minimum training requirements for general care nurses

SURVEY ON THE TRAINING OF GENERAL CARE NURSES IN THE EUROPEAN UNION. The current minimum training requirements for general care nurses SURVEY ON THE TRAINING OF GENERAL CARE NURSES IN THE EUROPEAN UNION This survey serves as a background document for the discussion of the Commission's legislative proposal to modernize the minimum requirements

More information

Planned Healthcare in Europe for Lothian residents

Planned Healthcare in Europe for Lothian residents Planned Healthcare in Europe for Lothian residents Introduction This leaflet explains what funding you may be entitled to if you normally live in Lothian (Edinburgh, West Lothian, Midlothian and East Lothian

More information

THE OECD S PROJECT ON HARMFUL TAX PRACTICES: 2006 UPDATE ON PROGRESS IN MEMBER COUNTRIES

THE OECD S PROJECT ON HARMFUL TAX PRACTICES: 2006 UPDATE ON PROGRESS IN MEMBER COUNTRIES THE OECD S PROJECT ON HARMFUL TAX PRACTICES: 2006 UPDATE ON PROGRESS IN MEMBER COUNTRIES PART I: INTRODUCTION 1. Today s more open, competitive commercial environment has benefited households and businesses

More information

Paper 102 CLASSIFICATION OF ELECTRICITY MARKET MODELS WORLDWIDE

Paper 102 CLASSIFICATION OF ELECTRICITY MARKET MODELS WORLDWIDE Paper 102 CLASSIFICATION OF ELECTRICITY MARKET MODELS WORLDWIDE On behalf of CIGRE Task Force C5.2.1 Luiz Augusto Barroso (PSR/Mercados de Energia, Brazil), Teófilo H. Cavalcanti (CHESF - The São Francisco

More information

REGIONAL COOPERATION FOR GAS SUPPLY A new, value creating, cross-border business Initiative. Budapest, December 5, 2007

REGIONAL COOPERATION FOR GAS SUPPLY A new, value creating, cross-border business Initiative. Budapest, December 5, 2007 REGIONAL COOPERATION FOR GAS SUPPLY A new, value creating, cross-border business Initiative Budapest, December 5, 2007 Central Eastern Europe and South Eastern Europe face considerable energy supply challenges

More information

European Distribution System Operators for Smart Grids

European Distribution System Operators for Smart Grids European Distribution System Operators for Smart Grids Response to the European Commission s public consultation on a new energy market design October 2015 Executive summary The European Distribution System

More information

Overview of the Electricity Sector in Egypt

Overview of the Electricity Sector in Egypt Overview of the Electricity Sector in Egypt Milan 22-23 October - 2 nd Capacity building Reporting methodologies: how to collect data and monitor regulated entities Salma Hussien Osman Egypt ERA www.egyptera.org

More information

France Electricity Report for 2014

France Electricity Report for 2014 France Electricity Report for 2014 Press kit Contents 1. The consumption drop 6 2. The development of renewable energies 8 3. The fossil fuel power generation slump 9 4. The CO 2 emissions decrease 5.

More information

Developing Estonian energy policy hand in hand with EU energy packages

Developing Estonian energy policy hand in hand with EU energy packages Developing Estonian energy policy hand in hand with EU energy packages Einari Kisel Secretary General of Energy of the Estonian Ministry of Economic Affairs and Communications 2008 will go down in history

More information

TOYOTA I_SITE More than fleet management

TOYOTA I_SITE More than fleet management EMPOWERING YOUR BUSINESS TOYOTA I_SITE More than fleet management www.toyota-forklifts.eu TOYOTA I_SITE More than fleet management Toyota I_Site is a unique combination of technology, information, expertise

More information

NordREG Common Nordic end-user market

NordREG Common Nordic end-user market NordREG Common Task Force Balance Settlement Outline for a common Nordic Balance Settlement (NBS) Consultation Paper May 17 th, 2010 Content 1 Introduction... 3 2 Main requirements for a Nordic Balance

More information

Wind energy development in Spain. Luis Atienza Chairman & Chief Executive Officer April, 3rd 2009

Wind energy development in Spain. Luis Atienza Chairman & Chief Executive Officer April, 3rd 2009 Luis Atienza Chairman & Chief Executive Officer April, 3rd 2009 Index Present Spanish energy outline The Spanish electricity sector Wind power in Spain today Cornerstones of the Spanish leadership in wind

More information

NEW PASSENGER CAR REGISTRATIONS BY ALTERNATIVE FUEL TYPE IN THE EUROPEAN UNION 1 Quarter 4 2015

NEW PASSENGER CAR REGISTRATIONS BY ALTERNATIVE FUEL TYPE IN THE EUROPEAN UNION 1 Quarter 4 2015 NEW PASSENGER CAR REGISTRATIONS BY ALTERNATIVE FUEL TYPE IN THE Quarter 4 2015 Alternative fuel vehicle (AFV) registrations: +20.0% in 2015; +21.1% in Q4 In the fourth quarter of 2015, total alternative

More information

8 October 2015 The evolution of renewable energy integration and the smart grid in Europe: The current situation, challenges and opportunities

8 October 2015 The evolution of renewable energy integration and the smart grid in Europe: The current situation, challenges and opportunities 8 October 2015 The evolution of renewable energy integration and the smart grid in Europe: The current situation, challenges and opportunities Stefano Besseghini CEO & President Luciano Martini T&D Dept.

More information

INTERNATIONAL SERVICES TARIFF

INTERNATIONAL SERVICES TARIFF INTERNATIONAL SERVICES TARIFF Supporting your international business Our service promise. If you experience a problem, we will always try to resolve it as quickly as possible. Please bring it to the attention

More information

DSM in competitive market. Seppo Kärkkäinen, VTT, Finland TAIEX Workshop on Demand Side Management in Energy Efficiency Ankara - 22-23/11/2007

DSM in competitive market. Seppo Kärkkäinen, VTT, Finland TAIEX Workshop on Demand Side Management in Energy Efficiency Ankara - 22-23/11/2007 DSM in competitive market Seppo Kärkkäinen, VTT, Finland TAIEX Workshop on Demand Side Management in Energy Efficiency Ankara - 22-23/11/2007 Definitions: DSM/DR/LM/ The term Demand Side Management, DSM,

More information

FSR Annual Conference: Future Trends in Energy Market Design. The regulatory dimension: a roundtable of senior regulators

FSR Annual Conference: Future Trends in Energy Market Design. The regulatory dimension: a roundtable of senior regulators FSR Annual Conference: Future Trends in Energy Market Design The regulatory dimension: a roundtable of senior regulators Valeria Termini Commissioner Florence School of Regulation, 25 tth May 2011 1 Future

More information

Appendix C. National Subscription Television Regulations

Appendix C. National Subscription Television Regulations Appendix C National Subscription Television Regulations Australia At least 10% of annual programme expenditure on pay TV drama services must be on new eligible (Australian) Same requirements as cable television

More information

Global Market Outlook for Photovoltaics until 2012 Facing a sunny future

Global Market Outlook for Photovoltaics until 2012 Facing a sunny future > Competitiveness Global Market Outlook for Photovoltaics until 1 Facing a sunny future 1 Global Market Outlook for Photovoltaics until 1 Facing a sunny future Demand side The solar PV market has been

More information

Name of presenter Title. Date

Name of presenter Title. Date Name of presenter Title Date Smart Metering for Large Enterprises Willem Strabbing February 2014 Our members Contents Market developments Consumer experiences Benefits of Smart Meters for Smart Enterprises

More information

Smart Meters Executive Paper

Smart Meters Executive Paper Smart Meters Executive Paper Smart infrastructure overview The ever growing global demand for energy, combined with increasing scarcity of resources and the threat of climate change, have prompted governments

More information

Full Scale Program for Renewable Energy in Egypt

Full Scale Program for Renewable Energy in Egypt Full Scale Program for Renewable Energy in Egypt Contents Evolution of Egypt Needs of Electricity and its supply mix Renewable Energy Policy and Targets Renewable Energy Program Components Conclusions

More information

Full opening of the Estonian electricity market

Full opening of the Estonian electricity market Full opening of the Estonian electricity market SEPTEMBER 2012 Contents Introduction...02 Transition to the open electricity market...02 Electricity bill...04 Electricity price factors...04 Estonia s power

More information

ESRI Research Note. The Irish Electricity Market: New Regulation to Preserve Competition Valeria di Cosmo and Muireann Á. Lynch

ESRI Research Note. The Irish Electricity Market: New Regulation to Preserve Competition Valeria di Cosmo and Muireann Á. Lynch ESRI Research Note The Irish Electricity Market: New Regulation to Preserve Competition Valeria di Cosmo and Muireann Á. Lynch Research Notes are short papers on focused research issues. They are subject

More information

Adobe Public Relations (PR) Guidelines

Adobe Public Relations (PR) Guidelines Adobe Public Relations (PR) Guidelines Adobe Partner Connection Reseller Program and Adobe Partner Connection Distributor Program Thank you for participating in the Adobe Partner Connection Reseller or

More information

CULTURAL AND CREATIVE SECTORS GUARANTEE FACILITY

CULTURAL AND CREATIVE SECTORS GUARANTEE FACILITY CULTURAL AND CREATIVE SECTORS GUARANTEE FACILITY OPEN CALL FOR EXPRESSION OF INTEREST TO SELECT FINANCIAL INTERMEDIARIES UNDER THE CULTURAL AND CREATIVE SECTORS GUARANTEE FACILITY (Published on 18th July

More information

CENTRAL BANK OF CYPRUS

CENTRAL BANK OF CYPRUS APPENDIX 2 NOTIFICATION BY A BANK INCORPORATED IN CYPRUS, WHICH WISHES TO PROVIDE SERVICES, ON A CROSS BORDER BASIS, IN OTHER EUROPEAN UNION (E.U.) MEMBER STATES IN ACCORDANCE WITH ARTICLE (28) OF THE

More information

This document (E09-CEM-26-04) is an ERGEG status review of the definitions of vulnerable customer, default supplier and supplier of last resort.

This document (E09-CEM-26-04) is an ERGEG status review of the definitions of vulnerable customer, default supplier and supplier of last resort. Status review of the definitions of vulnerable customer, default supplier and supplier of last resort Ref: E09-CEM-26-04 16 July 2009 European Regulators Group for Electricity and Gas Contact: Council

More information

International Natural Gas Tariff Comparison for Residential and Industrial Customers December 2011

International Natural Gas Tariff Comparison for Residential and Industrial Customers December 2011 International Natural Gas Tariff Comparison for Residential and Industrial Customers December 2011 Index International Comparison December 2011 Graph 1: Residential Tariff Graph 2: Industrial Tariff (SMEs

More information

Agenda. Agenda. The UK Liability Crisis Richard Bulmer. Is there a crisis? International perspective OFT/DWP reports Where do we go from here?

Agenda. Agenda. The UK Liability Crisis Richard Bulmer. Is there a crisis? International perspective OFT/DWP reports Where do we go from here? The UK Liability Crisis Richard Bulmer Current Issues in General Insurance 26 April 2004 Agenda Is there a crisis? International perspective OFT/DWP reports Where do we go from here? Agenda Is there a

More information

Association of the Councils of State and Supreme Administrative Jurisdictions of the EU

Association of the Councils of State and Supreme Administrative Jurisdictions of the EU Association of the Councils of State and Supreme Administrative Jurisdictions of the EU (ACA-Europe) Information provided by the ACA-Europe July, 2014 A. General information Name of network Association

More information

European Distribution System Operators for Smart Grids

European Distribution System Operators for Smart Grids European Distribution System Operators for Smart Grids Data Management: The role of Distribution System Operators in managing data June 2014 1 Executive Summary The European Union (EU) has set ambitious

More information

UTX Europe V2 - Enhancements

UTX Europe V2 - Enhancements UTX Europe V2 - Enhancements Global Enhancements... 2 Country-By-Country Analysis - UTX Europe V2 Feature Enhancements... 3 Austria... 3 Belgium... 3 Czech Republic... 3 Denmark... 3 Finland... 3 France...

More information

European SME Export Report - FRANCE Export / import trends and behaviours of SMEs in France

European SME Export Report - FRANCE Export / import trends and behaviours of SMEs in France SOUS EMBARGO JUSQU AU 8 JUILLET A 8H00 European SME Export Report - FRANCE Export / import trends and behaviours of SMEs in France July 2015 European SME Export Report Small and medium-sized enterprises

More information

INNOBAROMETER 2015 - THE INNOVATION TRENDS AT EU ENTERPRISES

INNOBAROMETER 2015 - THE INNOVATION TRENDS AT EU ENTERPRISES Eurobarometer INNOBAROMETER 2015 - THE INNOVATION TRENDS AT EU ENTERPRISES REPORT Fieldwork: February 2015 Publication: September 2015 This survey has been requested by the European Commission, Directorate-General

More information

EUROPE 2020 TARGETS: RESEARCH AND DEVELOPMENT

EUROPE 2020 TARGETS: RESEARCH AND DEVELOPMENT EUROPE 2020 TARGETS: RESEARCH AND DEVELOPMENT Research, development and innovation are key policy components of the EU strategy for economic growth: Europe 2020. By fostering market take-up of new, innovative

More information

General information about the bank

General information about the bank GENERAL LIST OF PRICES AND SERVICES May 2014 General information about the bank I. Bank name and address Varengold Bank AG Große Elbstraße 27 22767 Hamburg Also referred to as "Varengold" or "bank" in

More information

Status Review on Regulatory Aspects of Smart Metering (Electricity and Gas) as of May 2009 Ref: E09-RMF-17-03 19 October 2009

Status Review on Regulatory Aspects of Smart Metering (Electricity and Gas) as of May 2009 Ref: E09-RMF-17-03 19 October 2009 Status Review on Regulatory Aspects of Smart Metering (Electricity and Gas) as of May 2009 Ref: E09-RMF-17-03 19 October 2009 European Regulators Group for Electricity and Gas Contact: Council of European

More information

Integrating 300 GW wind power in European power systems: challenges and recommendations. Frans Van Hulle Technical Advisor

Integrating 300 GW wind power in European power systems: challenges and recommendations. Frans Van Hulle Technical Advisor Integrating 300 GW wind power in European power systems: challenges and recommendations Frans Van Hulle Technical Advisor Worldbank, SDN Week, Washington, February 21-22, 2008 Leonard Crettaz What is the

More information

Turquoise Equities & Derivatives Membership Application Form

Turquoise Equities & Derivatives Membership Application Form Turquoise Equities & Derivatives Membership Application Form Updated November 2012 version 3.1 This application form is being distributed by Turquoise Global Holdings Limited only to, and is directed only

More information

TRADING PLATFORM CLEARING AND SETTLEMENT MEMBERSHIP

TRADING PLATFORM CLEARING AND SETTLEMENT MEMBERSHIP TRADING PLATFORM CLEARING AND SETTLEMENT MEMBERSHIP TRADING PLATFORM Wilhelm Söderström, Nord Pool Spot Ante Mikulić, CROPEX European day ahead market A fair and transparent calculation of dayahead power

More information

COSTS AND BENEFITS OF THE ITALIAN SMART GAS METERING PROGRAMME

COSTS AND BENEFITS OF THE ITALIAN SMART GAS METERING PROGRAMME COSTS AND BENEFITS OF THE ITALIAN SMART GAS METER September 2011 IEFE- The Center for Research on Energy and Environmental Economics and Policy at Bocconi University Via Guglielmo Roentgen, 1 20136 Milano

More information

Virtual Bank service. for Corporate customers only. Your LloydsLink online application for. Guidance notes. Customer details. Primary contact person

Virtual Bank service. for Corporate customers only. Your LloydsLink online application for. Guidance notes. Customer details. Primary contact person Your LloydsLink online application for Virtual Bank service for Corporate customers only Guidance notes Our new Virtual Bank service can help you streamline your receivables management by giving you fast

More information

The cost-effectiveness of Online Marketing

The cost-effectiveness of Online Marketing The cost-effectiveness of Online Marketing Thijs van Vugt ie&d Solutions BV Online marketing is most cost-effective bigger reach more targeted higher conversion higher measurability 1 The Funnel Method

More information

INVESTING IN A TRANSITIONING SECTOR

INVESTING IN A TRANSITIONING SECTOR INVESTING IN A TRANSITIONING SECTOR Eurelectric conference Jon Moore, CEO NEW INVESTMENT IN CLEAN ENERGY 24-14 ($BN) 32% 17% $318bn -7% $294bn 16% -9% $31bn.5% $272bn $268bn 17% 46% 36% $175bn $25bn $26bn

More information

The European regulatory system for medicines and the European Medicines Agency

The European regulatory system for medicines and the European Medicines Agency The European regulatory system for medicines and the European Medicines Agency A consistent approach to medicines regulation across the European Union An agency of the European Union This booklet is intended

More information

TRENDS 2015 IN PHOTOVOLTAIC APPLICATIONS EXECUTIVE SUMMARY

TRENDS 2015 IN PHOTOVOLTAIC APPLICATIONS EXECUTIVE SUMMARY TRENDS 2015 IN PHOTOVOLTAIC APPLICATIONS EXECUTIVE SUMMARY Report IEA-PVPS T1-27:2015 FOREWORD.... The IEA PVPS Programme is proud to provide you with its 20 th edition of the international survey report

More information

EMEA GCC Dell Channel Partner Rebate Program

EMEA GCC Dell Channel Partner Rebate Program Preferred Partners Current from 1 st November 2014 to 30th January 2015 Q4 FY15 the Quarter * WSSPs only Only Eligible Spend on an individual country and individual Partner registration basis will count

More information

Report: Electricity retail markets in Europe division of duties between suppliers and DSOs

Report: Electricity retail markets in Europe division of duties between suppliers and DSOs LAPPEENRANTA UNIVERSITY OF TECHNOLOGY LAPPEENRANTA UNIVERSITY OF TECHNOLOGY ELECTRICAL ENGINEERING Report: Electricity retail markets in Europe division of duties between suppliers and DSOs M.Sc. Salla

More information

PREPARING TOMORROW'S NETWORK TODAY: RTE at the crossroads of the European electricity system

PREPARING TOMORROW'S NETWORK TODAY: RTE at the crossroads of the European electricity system grid for smart power PREPRING TOMORROW'S NETWORK TODY: RTE at the crossroads of the European electricity system ross-border electricity interconnections Key issues and figures 214 Edition oordination The

More information

Fluoride and Dental Health in Europe

Fluoride and Dental Health in Europe Fluoride and Dental Health in Europe Dental Health in Europe - A Problem for Disadvataged Groups Report of an EU-funded Conference A conference of dental and public health experts drawn from every Member

More information

Capacity mechanism. General Directorate for Energy and Climate August 30, 2012

Capacity mechanism. General Directorate for Energy and Climate August 30, 2012 Capacity mechanism General Directorate for Energy and Climate August 30, 2012 Ministère de l économie, des Finances et de l Industrie Ministère de l'écologie, du Développement durable, des Transports et

More information

Pre-Commercial Procurement (PCP)

Pre-Commercial Procurement (PCP) Pre-Commercial Procurement (PCP) Tsanidis Vassilis DG CONNECT F2 unit ( Innovation ) Rationale Health care Climate Change Energy Efficiency Transport Security q Public sector is faced with important societal

More information

RENEWABLE ENERGY IN AUSTRALIA

RENEWABLE ENERGY IN AUSTRALIA RENEWABLE ENERGY IN AUSTRALIA Increasing electricity generation from renewable energy sources is one of the main strategies to reduce greenhouse emissions from the power sector. Australia has historically

More information

On What Resources and Services Is Education Funding Spent?

On What Resources and Services Is Education Funding Spent? Indicator On What Resources and Services Is Education Funding Spent? In primary, secondary and post-secondary non-tertiary education combined, current accounts for an average of 92% of total spending in

More information

Common Balance & Reconciliation Settlement. Report

Common Balance & Reconciliation Settlement. Report I Common Balance & Reconciliation Settlement Report December 18 th, 2009 Content O Executive Summary... 3 1 Terminology... 7 2 Background... 10 2.1 Ambition for COBS... 10 2.2 Benefits for the Norwegian

More information

MANAGING THE FUTURE ENERGY SUPPLY, SPEEDING UP THE PRIVATIZATIONS, FOSTERING NEW INVESTMENTS

MANAGING THE FUTURE ENERGY SUPPLY, SPEEDING UP THE PRIVATIZATIONS, FOSTERING NEW INVESTMENTS MANAGING THE FUTURE ENERGY SUPPLY, SPEEDING UP THE PRIVATIZATIONS, FOSTERING NEW INVESTMENTS Batu AKSOY CEO & Board Member, Turcas Petrol A.Ş. Member & Vice President of the Energy Working Group, TUSIAD

More information