17 Amendments of Ivo BELET related to 2016/0379(COD)
Amendment 137 #
Proposal for a regulation
Recital 8
Recital 8
(8) Core market principles should set out that electricity prices are to be determined through demand and supply. TWhile respecting principles of solidarity and fair distribution of costs, those prices should signal when electricity is needed, providing market-based incentives for investments into flexibility sources such as flexible generation, interconnection, demand response or storage.
Amendment 149 #
Proposal for a regulation
Article 9 – paragraph 1
Article 9 – paragraph 1
1. There shall be no maximum limit of the wholesale electricity price unless it is set at the value of lost load as determined in accordance with Article 10. In strongly interconnected markets, these maximum limits shall be set at the same level among all bidding zones and markets to avoid market distortions. There shall be no minimum limit of the wholesale electricity price unless it is set at a value of minus 2000 € or less and, in the event that it is or anticipated to be reached, set at a lower value for the following day. This provision shall apply, inter alia, to bidding and clearing in all timeframes and include balancing energy and imbalance prices.
Amendment 179 #
Proposal for a regulation
Article 11 – paragraph 4 a (new)
Article 11 – paragraph 4 a (new)
4a. Member States may, subject to Union state aid rules, incentivize market participants which are subject to priority access to opt out of priority dispatch against appropriate compensation.
Amendment 221 #
Proposal for a regulation
Article 12 – paragraph 6 – point b
Article 12 – paragraph 6 – point b
(b) 90 %All of the net revenues from the sale of electricity on the day-ahead market that the generating or demand facility would have generated without the curtailment or redispatching request. Where financial support is granted to generating or demand facilities based on the electricity volume generated or consumed, lost financial support shall be deemed part of the net revenues.
Amendment 251 #
Proposal for a regulation
Article 3 – paragraph 1 – point a
Article 3 – paragraph 1 – point a
(a) prices shall be formed based onin general reflect demand and supply;
Amendment 255 #
Proposal for a regulation
Article 17 – paragraph 2 – subparagraph 1 – point b a (new)
Article 17 – paragraph 2 – subparagraph 1 – point b a (new)
(ba) ensuring that the maximum amount of available capacity is allocated to the market through countertrading and redispatching, including cross-border redispatching.
Amendment 258 #
Proposal for a regulation
Article 3 – paragraph 1 – point b
Article 3 – paragraph 1 – point b
(b) actions which prevent price formation on the basis of demand and supply or constitute a disincentive to the development of more flexible generation, low carbon generation, or more flexible demand shall be avoided, unless they aim to establish solidarity and fair distribution of costs;
Amendment 259 #
Proposal for a regulation
Article 18 – paragraph 1
Article 18 – paragraph 1
1. Member States shall monitor resource adequacy within their territory based on the European resource adequacy assessment pursuant to Article 19 and on adequacy assessments having a regional scope.
Amendment 279 #
Proposal for a regulation
Article 3 – paragraph 1 – point f
Article 3 – paragraph 1 – point f
(f) market rules shall aim to deliver appropriate investment incentives for generation, storage, energy efficiency and demand response to meet market needs and thus ensure security of supply;
Amendment 307 #
Proposal for a regulation
Article 23 – paragraph 4 a (new)
Article 23 – paragraph 4 a (new)
4a. The CO2 emission factor of an electricity generation installation shall be based on the net efficiency at nominal capacity under ISO conditions.
Amendment 318 #
Proposal for a regulation
Article 23 a (new)
Article 23 a (new)
Article 23a Electricity Market Design Advisory Board Within 12 months after the entry into force of this Regulation an Electricity Market Design Advisory Board shall be established. The Advisory Board shall be consisting of high-level experts of EU Member States and a relevant and balanced group of experts from the energy sector, including utilities, investors, technology providers, network operators, climate protection groups, consumer representatives and representatives of local energy communities. The Advisory Board will provide the Commission with expertise and insight, and thus advise and assist the Commission in the preparation of future policy initiatives related to the European energy market design. It will do so by formulating opinions, recommendations or reports, where appropriate. Within 24 months after the establishment of the Advisory Board, the European Commission should draw its conclusions from the discussion by means of a Communication laying out the strategic priorities for a European electricity market capable of driving the investments needed for a sustainable, secure and affordable energy transition
Amendment 396 #
Proposal for a regulation
Article 49 – paragraph 1
Article 49 – paragraph 1
Amendment 504 #
Proposal for a regulation
Article 11 – paragraph 2 – introductory part
Article 11 – paragraph 2 – introductory part
2. When dispatching electricity generating installations, transmission and distribution system operators shall give priority to generating installations using renewable energy sources or high- efficiency cogeneration from small generating installations or generating installations using emerging technologies to the following extent:
Amendment 618 #
Proposal for a regulation
Article 12 – paragraph 5 – point c
Article 12 – paragraph 5 – point c
(c) self-generated electricity from generating installations using renewable energy sources or high-efficiency cogeneration which is not fed into the transmission or distribution network shall not be curtailed unless no other solution would resolve network security issues or if this would result in disproportionately high costs;
Amendment 903 #
Proposal for a regulation
Article 19 – paragraph 4 – point b
Article 19 – paragraph 4 – point b
(b) is based on appropriate scenarios of projected demand and supply including an economic assessment of the likelihood of retirement, new-build of generation assets and measures to reach energy efficiency and interconnection targets and appropriate sensitivities on wholesale prices and carbon price developments;
Amendment 927 #
Proposal for a regulation
Article 19 – paragraph 6
Article 19 – paragraph 6
6. The proposals under paragraphs 2 and 5, the scenarios and assumptions on which they are based, and the results of the European resource adequacy assessment under paragraph 3 shall be subject to prior consultation and approval by the Agency under the procedure set out in Article 22.
Amendment 1116 #
Proposal for a regulation
Article 24 a (new)
Article 24 a (new)
Article 24 a Within 12 months after the entry into force of this Regulation an Electricity Market Design Advisory Board shall be established. The Advisory Board shall be consisting of high-level experts of EU Member States and a relevant and balanced group of experts from the energy sector, including utilities, investors, technology providers, network operators, climate protection groups, consumer representatives and representatives of local energy communities. The Advisory Board will provide the Commission with expertise and insight, and thus advice and assist the Commission in the assessment of the challenges related to the current energy market design and preparation of future policy initiatives in this respect. It will do so by formulating opinions, recommendations or reports, where appropriate. Within 24 months after the establishment of the Advisory Board, the European Commission should draw its conclusions from the discussion by means of a Communication laying out the strategic priorities for a European electricity market capable of driving the investments needed for a sustainable, secure and affordable energy transition.