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Directorate General for Energy and Transport Next steps in developing the regional energy market in South East Europe European Commission DG Energy and.

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Presentation on theme: "Directorate General for Energy and Transport Next steps in developing the regional energy market in South East Europe European Commission DG Energy and."— Presentation transcript:

1 Directorate General for Energy and Transport Next steps in developing the regional energy market in South East Europe European Commission DG Energy and Transport Christopher Jones Head of Unit Electricity and Gas

2 Directorate General for Energy and Transport Milestones l Commission requests to the Council a negotiating mandate – October 2003 l Signature of the MoU – November 2003 Athens (date to be confirmed) l Drafting Conference – December 2003 Rome (to be confirmed)

3 Directorate General for Energy and Transport Objective - Revised MoU l Sets out a political intention to adopt a legislative framework to deliver a functioning regional energy market for electricity and gas l Addresses and updates issues not covered in the MoU

4 Directorate General for Energy and Transport MoU – SEE Regional Energy Market Implement new Directives Full market opening in two steps EU Directives non- households 2004 full market opening 2007 SEE more gradual approach Third Party Access to Networks Legal Unbundling Independent Regulators

5 Directorate General for Energy and Transport MoU - SEE Regional Energy Market l Sets up the Regional Regulator (advisory role until legal agreement comes into force) l Procedure for adoption of secondary rules (eg Regional Market Operator)

6 Directorate General for Energy and Transport Objectives - legally binding agreement l Improving the balance between energy supply and demand is crucial to improve and sustain economic development in South Eastern Europe l Multilateral and bilateral donors - a regional energy market with a legal base will increase investment by minimising risks and by bringing down the overall cost of a fully functioning market

7 Directorate General for Energy and Transport Potential Regional Electricity Markets across Europe W. European market ( ?) Nordic market Italian zonal market (2004?) GB \ IRL market (2005?) SE Europe market (2006-8?) Iberian market (2005?) Baltic market (2008?) E. European market ( ?)

8 Directorate General for Energy and Transport Regional Gas Market Action plan for increasing the use of gas until 2010 Western Balkans action plan if MoU signed Investigate use of LNG Security and diversity of supply – Key Issue

9 Directorate General for Energy and Transport Provisional Schedule - 2nd South East Europe Energy Week October, 20 – Monday 20Tuesday 21Wednesday 22Thursday 23Friday 24 Morning Affordability Seminar – USAID Morning Affordability Seminar – USAID Morning (two parallel sessions) Second Industry Roundtable - (Stability Pact) IEA Seminar on Statistics Morning (3 parallel sessions) Donor Meeting CEER preparatory meeting ETSO preparatory meeting Morning 3 rd Athens Forum Afternoon Affordability Seminar USAID Afternoon Affordability Seminar USAID Generation Investment Study Consultative workshop – Tentative (EC-WB-EBRD- EIB) Afternoon (3 parallel sessions) Second Industry Roundtable 5 th PHLG (members) – tentative Generation Investment Study consultative workshop – Tentative (EC- WB-EBRD- EIB) Afternoon 3 rd Athens Forum 2 nd High Level Advisors – late evening event (tbc) Afternoon 3 rd Athens Forum


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