1. Refining fitness check Francisco Caballero Sanz Head of Unit, Industrial Competitiveness for Growth DG Enterprise and Industry First meeting of the EU Refining Forum 12 April 2013

2. Introduction - Smart regulation agenda of the Commission, "fitness checks" of policy areas since 2010 - Industrial Policy Communication Update (October 2012) announces sectoral- horizontal exercises, including on the petroleum refining sector

3. Context - EU second larger producer in the world; nearly 500 bn turnover and 120 thousand employees - Commission policy goal of "keeping a European presence in domestic refining - though one that is able to adapt capacity levels to the economic realities of a mature market" - Difficulties of the sector – divestments and shutdowns - Need for evidence-based assessment of cumulative impact of EU legislation - DG ENER and JRC conferences and roundtables

4. Possible scope for fitness check - Renewables Energy Directive - Energy Taxation Directive - EU Emissions trading system - Fuels Quality Directive - Directive on Clean and Energy Efficient Vehicles - Industrial Emissions Directive - Strategic oil stocks directive - Marine fuels directive - Energy efficiency directive

5. Aim 1. Quantitative assessment (JRC-lead study) of impact of relevant legislation and policies on costs and expected revenues of the sector 2. Qualitative assessment of effectiveness, efficiency, coherence and relevance of measures 3. Conclusions and recommendations: what are the gaps, inconsistencies overlaps?

6. Planning 1. Dec. 12 – Apr. 13: Preparation/adoption of mandate 2. May 13 – May 14: Quantitative study 3. May– July 14: Qualitative evaluation 4. Aug. – Sept. 14: Conclusions and final report