HOURS OF DEVELOPMENT: 1000-1300
Event organizers: CNR-CME, ANRE and Electrica
On January 29, 2020, CNR-CME, SC Electrica SA and ANRE organized the Conference “The New Model of the Electricity Market, generated by Regulation (EU) 2019/943 and Directive (EU) 2019/944”.
The energy system is currently undergoing a period of most profound changes in the last decades, and the electricity market is at the center of this process of change. The common goal of decarbonizing the energy system creates new opportunities and challenges for market participants, and technological advances allow new forms of consumer participation and increased cross-border cooperation.
Regulation (EU) 2019/943 and Directive (EU) 2019/944 establish rules for ensuring the functioning of the internal electricity market and include certain requirements related to the production of energy from renewable sources and environmental policy. Emphasis is placed on the specific rules for certain types of electricity generation installations from renewable sources, regarding the responsibility for balancing, dispatching and redistribution, as well as a threshold for CO2 emissions for the new generation capacity.
One of the few events attended by all stakeholders, the conference brought together over 100 participants, representing the Commission for Industries and Services of the Chamber of Deputies, from the authorities: the Ministry of Economy and ANRE, decision makers of the main operators in the field, consultants, specialists from state and private companies, energy market actors, analysts, brand operators in the field of electricity transmission and distribution.
Structured in two parts, in order to allow the speakers and panelists to interact proactively with the participants in the room, the conference debated how the provisions of Regulation (EU) 2019/943 and of Directive (EU) 2019/944 can be implemented in the Romanian legislation. and the existing barriers. The speakers presented important elements of the order of ANRE Nr.236 / 20.12.2019, regarding the approval of the rules for eliminating and / or mitigating the impact of measures or policies that may contribute to restricting the formation of prices on the wholesale electricity market, underlined the main changes and responsibilities for market operators, how to decarbonize the energy industry and advanced solutions for increasing the share of renewable energy sources and achieving the ENTSO objectives for electricity.
The main conclusions of the event highlighted the fact that the two EU documents concerning the internal electricity market pay special attention to the electricity consumer and must be applied within the deadlines set by the European documents, and the authorities must transpose them into the primary and secondary legislation. It is also necessary to increase the share of the production of energy from renewable sources, correlated with the possibility of increasing the capacity of energy storage, the development of new technologies and of investments in the generation of electricity to provide flexibility, a term commonly used in the energy sector. The quickest decision of the political factors regarding the definition of the vulnerable consumer will allow the total liberalization of the energy market, this being an objective of the European documents. Regulations on some market mechanisms are also needed, absolutely necessary for its proper functioning.
The implementation of the provisions of Regulation (EU) 2019/943 and of Directive (EU) 2019/944 will be essential for the development of the energy system in Romania.