BETA

23 Amendments of Angelika NIEBLER related to 2023/0077(COD)

Amendment 218 #
Proposal for a regulation
Recital 11 a (new)
(11a) High electricity prices have a particularly negative impact on the competitiveness of energy-intensive sectors that operate internationally, face significant global competition, and face, thus, a risk of carbon leakage. At the same time, the European Union has to ensure affordable electricity prices for energy-intensive sectors to secure jobs in these sectors and facilitate their green transition and decarbonisation. Therefore, the European Commission is asked to introduce a mechanism guaranteeing a price ceiling for energy- intensive industries in order to compete globally. Alternatively, Member States should be allowed to apply public interventions in price setting for a limited transitional period, such as five years, until sufficient supply of renewable power capacity is available, leading to affordable electricity prices. For this purpose, energy-intensive sectors should be those listed in the Guidelines on State aid for Climate, Environmental protection and Energy.
2023/05/25
Committee: ITRE
Amendment 227 #
Proposal for a regulation
Recital 16
(16) To ensure the efficient integration of electricity generated from variable renewable energy sources and to reduce the need for fossil-fuel based electricity generation in times when there is high demand for electricity combined with low levels of electricity generation from variable renewable energy sources, it should be possible for transmission system operators to design a peak shaving product enabling demand response to contribute to decreasing peaks of consumption in the electricity system at specific hours of the day. The peak shaving product should contribute to maximize the integration of electricity produced from renewable sources into the system by shifting the electricity consumption to moments of the day with higher renewable electricity generation. As the peak shaving product aims to reduce and shift the electricity consumption, the scope of this product should be limited to demand side response. The procurement of the peak shaving product should take place in such a way that it does not overlap with the activation of balancing products which aim at maintaining the frequency of the electricity system stable. In order to verify volumes of activated demand reduction, the transmission system operator should use a baseline reflecting the expected electricity consumption without the activation of the peak shaving product.deleted
2023/05/25
Committee: ITRE
Amendment 237 #
Proposal for a regulation
Recital 19
(19) Consumers and suppliers need effective and efficient forward markets to cover their long-term price exposure and decrease the dependence on short-term prices. To ensure that energy customers all over the EU can fully benefit from the advantages of integrated electricity markets and competition across the Union, the functioning of the Union’s electricity forward market should be improved via the establishment of regional virtual hubs with a view to overcome the existing market fragmentation and the low liquidity experienced in many bidding zones. Regional virtual hubs should cover multiple bidding zones while ensuring an adequate price correlation. Some bidding zones may not be covered by a virtual hub in terms of contributing to the hub reference price. However, market participants from these bidding zones should still be able to hedge through a hub.deleted
2023/05/25
Committee: ITRE
Amendment 313 #
Proposal for a regulation
Recital 40
(40) In addition, if Member States do not apply a capacity mechanism or if the additional criteria or features in the design of their capacity mechanism are insufficient to achieve national objective for demand response and storage investment needs they could apply flexibility support schemes consisting of payments for the available capacity of non-fossil flexibility such as demand side response and storage.deleted
2023/05/25
Committee: ITRE
Amendment 321 #
Proposal for a regulation
Recital 40 a (new)
(40a) The energy crisis has shown the need for flexible back-up capacity mechanisms in Member States. These mechanisms will become even more important as the share of renewables in the electricity mix increases to achieve the goals of the green transition. Therefore, if an assessment of resource adequacy suggests the need to flexible back-up generation, the introduction of capacity mechanisms as a possible structural element of national markets should be facilitated.
2023/05/25
Committee: ITRE
Amendment 449 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4
Regulation (EU) 2019/943
Article 7a, paragraph 1
1. Without prejudice to Article 40(5) and 40(6) of the Electricity Directive, transmissionBy 31 December 2024, the Commission, in cooperation with ENTSO for Electricity, the EU DSO Entity and ACER, shall perform an assessment about the possibility for system operators mayto procure peak shaving products in order to achieve a reduction of electricity demand during peak hours, analysing at least, but not limited to, that their activation does not negatively affect the functioning of the electricity market, and in particular the intraday and balancing markets and over-the-counter trading. The assessment shall take into consideration specific national developments at and consider the possibility of procuring these products under normal circumstances and during an electricity price crisis situation, declared in accordance with Article 66a.
2023/05/25
Committee: ITRE
Amendment 456 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4
Regulation (EU) 2019/943
Article 7a, paragraph 2
2. Transmission system operators seeking to procure a peak shaving product shall submit a proposal setting out the dimensioning and conditions for the procurement of the peak shaving product to the regulatory authority of the Member State concerned. The proposal of the transmission system operator shall comply with the following requirements: (a) the dimensioning of the peak shaving product shall be based on an analysis of the need for an additional service to ensure security of supply. The analysis shall take into account a reliability standard or objective and transparent grid stability criteria approved by the regulatory authority. The dimensioning shall take into account the forecast of demand, the forecast of electricity generated from renewable energy sources and the forecast of other sources of flexibility in the system. The dimensioning of the peak shaving product shall be limited to ensure that the expected benefits of the product do not exceed the forecasted costs; (b) the procurement of a peak shaving product shall be based on objective, transparent, non-discriminatory criteria and be limited to demand response; (c) the procurement of the peak shaving product shall take place using a competitive bidding process, with selection based on the lowest cost of meeting pre- defined technical and environmental criteria; (d) contracts for a peak shaving product shall not be concluded more than two days before its activation and the contracting period shall be no longer than one day; (e) the activation of the peak shaving product shall not reduce cross-zonal capacity; (f) the activation of the peak shaving product shall take place after the closure of the day-ahead market and before the start of the balancing market; (g) the peak shaving product shall not imply starting generation located behind the metering point.deleted
2023/05/25
Committee: ITRE
Amendment 486 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4
Regulation (EU) 2019/943
Article 7a, paragraph 3
3. The actual reduction of consumption resulting from the activation of a peak shaving product shall be measured against a baseline, reflecting the expected electricity consumption without the activation of the peak shaving product. Transmission system operators shall develop a baseline methodology in consultation with market participants and submit it to the regulatory authority.deleted
2023/05/25
Committee: ITRE
Amendment 493 #
4. Regulatory authorities shall approve the proposal of the transmission system operators seeking to procure a peak shaving product and the baseline methodology submitted in accordance with paragraphs 2 and 3 or shall request the transmission system operators to amend the proposal where it does not meet the requirements set out in these paragraphs.deleted
2023/05/25
Committee: ITRE
Amendment 540 #
Proposal for a regulation
Article 1 – paragraph 1 – point 6
Regulation 2019/943
Article 9
1. By 1 December 2024 the ENTSO for Electricity shall submit to ACER, after having consulted ESMA, a proposal for the establishment of regional virtual hubs for the forward market. The proposal shall: (a) define the geographical scope of the virtual hubs for the forward market, including the bidding zones constituting these hubs, aiming to maximise the price correlation between the reference prices and the prices of the bidding zones constituting virtual hubs; (b) include a methodology for the calculation of the reference prices for the virtual hubs for the forward market, aiming to maximise the correlations between the reference price and the prices of the bidding zones constituting a virtual hub; such methodology shall be applicable to all virtual hubs and based on predefined objective criteria; (c) include a definition of financial long- term transmission rights from bidding zones to the virtual hubs for the forward market; (d) maximise the trading opportunities for hedging products referencing the virtual hubs for the forward market as well as for long term transmission rights from bidding zones to virtual hubs.deleted
2023/05/25
Committee: ITRE
Amendment 560 #
Proposal for a regulation
Article 1 – paragraph 1 – point 6
Regulation 2019/943
Article 9 – paragraph 1
1a. In accordance with Regulation (EU) 2016/1719, transmission system operators shall issue long-term transmission rights or have equivalent measures in place to allow for market participants, including owners of power- generating facilities using renewable energy sources, to hedge price risks across bidding zone borders, unless an assessment of the forward market on the bidding zone borders performed by the competent regulatory authorities shows that there are sufficient hedging opportunities in the concerned bidding zones.
2023/05/25
Committee: ITRE
Amendment 564 #
Proposal for a regulation
Article 1 – paragraph 1 – point 6
Regulation 2019/943
Article 9
2. Within six months of receipt of the proposal on the establishment of the regional virtual hubs for the forward market, ACER shall evaluate it and either approve or amend it. In the latter case, ACER shall consult the ENTSO for Electricity before adopting the amendments. The adopted proposal shall be published on ACER's website.deleted
2023/05/25
Committee: ITRE
Amendment 567 #
Proposal for a regulation
Article 1 – paragraph 1 – point 6
Regulation 2019/943
Article 9 – Paragraph 2
2a. Long-term transmission rights shall be allocated with a range of maturities of up to three years ahead in a transparent, market based and nondiscriminatory manner through a single allocation platform. The frequency of allocation of the long-term cross-zonal capacity shall support the efficient functioning of the forward market. Transmission system operators should in each capacity calculation region develop a duly assessed approach that is aiming to increase the volume of cross-zonal capacities in forward markets and an increase in liquidity.
2023/05/25
Committee: ITRE
Amendment 573 #
Proposal for a regulation
Article 1 – paragraph 1 – point 6
Regulation 2019/943
Article 9
4. The single allocation platform shall: (a) offer trading of long-term transmission rights between each bidding zone and virtual hub; where a bidding zone is not part of a virtual hub it may issue financial long-term transmission rights to a virtual hub or to other bidding zones that are part of the same capacity calculation region; (b) allocate long-term cross-zonal capacity on a regular basis and in a transparent, market-based and non- discriminatory manner; the frequency of allocation of the long-term cross-zonal capacity shall support the efficient functioning of the forward market; (c) offer trading of financial transmission rights that shall allow holders of these financial transmission rights to remove exposure to positive and negative price spreads, and with frequent maturities of up to at least three years ahead.deleted
2023/05/25
Committee: ITRE
Amendment 621 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9
Regulation (EU) 2019/943
Article 19a, paragraph 1
1. Member States shall facilitate power purchase agreements (‘PPAs’)lift all unjustified barriers to the conclusion of power purchase agreements (‘PPAs’), including for the retail market (e.g. households, renewable energy communities, SMEs), with a view to reaching the objectives set out in their integrated national energy and climate plan with respect to the dimension decarbonisation referred to in point (a) of Article 4 of Regulation (EU) 2018/1999, while preserving competitive and liquid electricity markets. In order to ensure the removal of barriers to PPAs, the Commission may draw up specific guidance on how to alleviate administrative obligations and accounting complexities related to PPAs.
2023/05/25
Committee: ITRE
Amendment 630 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9
Regulation (EU) 2019/943
Article 19a, paragraph 1a new
1a. To facilitate the conclusion of PPAs, Member States shall ensure that all possibilities offered under Article 19 of Directive EU 2018/2001 regarding guarantees of origin are used. It shall be ensured that guarantees of origin are issued to all producers of energy from renewable sources, even those that receive financial support from a Member State support scheme, to enable renewable power to be tracked and traded across borders and to remove this existing barrier to long term PPAs.
2023/05/25
Committee: ITRE
Amendment 638 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9
Regulation (EU) 2019/943
Article 19a, paragraph 2
2. Member States shall ensure that instruments such as guarantee schemes at market prices,, in a coordinated way and where appropriate with the support of the European Investment Bank (‘EIB’), may put in place instruments to reduce the financial risks associated to off- taker payment default in the framework of PPAs are in place andnd make them accessible to customers that face entry barriers to the PPA market and are not in financial difficulty in line with Articles 107 and 108 TFEU. Such instruments may include guarantee schemes at market prices. For this purpose, Member States shall take into account Union-level instruments and tools such as standardised template contracts, to be developed jointly with the EIB. Member States shall determine what categories of customers are targeted by these instruments, applying non- discriminatory criteria, and considering at least, but not limited to, SMEs, households, including via aggregators, renewable energy communities and suppliers with no generation assets. As the market evolves and the PPA uptake increases, the use of instruments such as guarantee schemes at market prices shall be reassessed.
2023/05/25
Committee: ITRE
Amendment 924 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9
Regulation (EU) 2019/943
Article 19 e – paragraph 1
1. Member States which apply a capacity mechanism in accordance with Article 21 shall consider the promotion of the participation of non-fossil flexibility such as demand side response and energy storage by introducing additional criteria or features in the design of the capacity mechanism.
2023/05/25
Committee: ITRE
Amendment 940 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9
Regulation (EU) 2019/943
Article 19 e – paragraph 2
2. Where the measures introduced in accordance with paragraph 1 to promote the participation of non-fossil flexibility such as demand response and energy storage in capacity mechanisms are insufficient to achieve the flexibility needs identified in accordance with 19d, Member States may apply flexibility support schemes consisting of payments for the available capacity of non-fossil flexibility such as demand side response and energy storage.
2023/05/25
Committee: ITRE
Amendment 952 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9
Regulation (EU) 2019/943
Article 19 e – paragraph 3
3. Member States which do not apply a capacity mechanism may apply flexibility support schemes consisting of payments for the available capacity of non-fossil flexibility such as demand side response and energy storage.
2023/05/25
Committee: ITRE
Amendment 958 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9
Regulation (EU) 2019/943
Article 21 – paragraph 1
Article 21 is amended as follows: (a) Paragraph 1 is replaced by the following: "1. To eliminate residual resource adequacy concerns, Member States may, while implementing the measures referred to in Article 20(3) of this Regulation in accordance with Article 107, 108 and 109 of the TFEU, introduce capacity mechanisms. If an assessment of resource adequacy suggests the need to flexible back-up generation, the introduction of capacity mechanisms as a possible structural element of national markets should be facilitated.
2023/05/25
Committee: ITRE
Amendment 975 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9
Regulation (EU) 2019/943
Article 19 f – paragraph 1 – point b
(b) be limited to new investments in non-fossil flexibility not using unabated fossil fuels such as demand side response and energy storage;
2023/05/25
Committee: ITRE
Amendment 996 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9
Regulation (EU) 2019/943
Article 19 f – paragraph 1 – point i
(i) where technically feasible, be open to cross-border participation.’;
2023/05/25
Committee: ITRE