Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download interim Energy Community Secretariat Recruiting
Document related concepts
Transcript
REGULATORY AUTORITIES SETTING-UP AND MISSION DURING MARKET OPENING Nina Grall-EDLER 3rd MEDREG IMME Seminar – 11/12 September 2013 - Tunis OVERVIEW 1. MARKET OPENING – THE ROLE OF REGULATORS 2. WHAT IS NEEDED FOR EFFECTIVE REGULATORY WORK? 3. MARKET INTEGRATION / HARMONISATION – THE IMPACT OF REGULATORY CROSS-BORDER COOPERATION 4. WHAT CAN BE EXPECTED FROM EFFECTIVE REGULATION? THE ROLE OF REGULATORS [1] STARTING ASSUMPTIONS FOR ELECTRICTY NETWORKS natural monopolies – investment costs essential facilities regulation required to ensure fair competition AREAS OF POTENTIAL BARRIERS TO COMPETITION DEFINE ROLE / RESPONSIBILITIES OF REGULATORS THE ROLE OF REGULATORS [2] POTENTIAL DISCRIMINATION / MISFUNCTIONING REGULATORY ACTIONS / RESPONSIBILITIES access to network setting TPA and CAM rules connection to network setting connection fees level / equality of network fees setting network fees network use ensure transparency, setting balancing rules and CMP abuse of dominant market position / anti-competitive behaviour e.g. capacity / volume release in cooperation with COMP authorities favorable market conditions facilitating investments ensuring security of supply RES integration customer protection WHAT IS NEEDED [1] REGULATORY INDEPENDENCE Practical implementation Compliance and committment of other state bodies ACTIVE REGULATORS defining, not administrating the market! active cooperation with COMP authorities – ref. ex ante / ex post role FULL SET OF REGULATORY POWERS Implementation by letter and spirit WHAT IS NEEDED [2] INDEPENDENCE [Third Energy Package] Legally distinct and functionally independent Acting indepently Taking autonomous decisions Exercising powers impartially and transparently Annual budget Human and financial resources Management STRONG REGULATORY POWERS [Third Energy Package] Issue binding decisions carry out investigations on functioning of the market Impose proportionate measures to promote competition Require any information from undertakings Impose effective, proportionate and dissuasive penalties CROSS BORDER COOPERATION[1] WHY MARKET INTEGRATION / CROSS BORDER TRADE ? increased liquidity / competition impact of more suppliers / traders increased security of supply more generation sources supporting network operation (security) generation reserves, balancing Some markets cannot function properly on national level only – lack of liquidity, lack of market players cost of non-integration economies of scale, competitive structures MARKET INTEGRATION REQUIRES HARMONISED MARKET RULES ACROSS BORDERS technical / operational rules market rules – network access, capacity allocation, congestion management, balancing financial rules – transit compensation CROSS BORDER COOPERATION [2] EXAMPLES voluntary [1] formally established but non binding: ERGEG, ECRB voluntary [2] formally established but non binding: CEER, ERRA obligatory binding : ACER EXPERIENCE - VOLUNTARY VS. OBLIGATORY COOPERATION Impact on committment – by regulators and stakeholders WHAT CAN BE EXPECTED FROM EFFECTIVE REGULATION ECONOMIC GROWTH / INCREASE OF SOCIAL WELFARE Breaking up inefficient national monopolies cost efficiency positively impacts state budget Strengthening the economic conditions of national energy network industries – by ensuring cost-reflective tariffs Increasing service quality and consumer protection Additional job opportunities Controlling network security Coordinated treatment of energy policies that affect each other RES integration – infrastructure development – energy efficiency – sustainability – security of supply – competition BUT... „HONEST“ LIBERALISATION POLICY IS KEY Regulated energy prices Regulated chain – generation, single buyer models No political interventions into regulatory work / strong regulator REFLECT IMPACTS OF OTHER POLICY AREAS RES infrastructure THANK YOU VERY MUCH FOR YOUR ATTENTION! QUESTIONS? DISCUSSION CONTACT Nina Grall-Edler Head of ECRB Section – Regulatory Affairs Energy Community Secretariat E: [email protected] W: www.energy-community.org BACKGROUND SLIDES IN DETAIL – INDEPENDENCE [1] 1. Legally distinct and functionally independent Independent from industry (2nd p) + any public body Decide on own management no hierarchy-links, no office / personell sharing 2. Act indepently a. Not seek or take instructions b. No other institution to give instructions 3. Take autonomous decisions a. Ex ante No external interference in decisions ` Develop own Work Program without need for consent b. Ex post Decisions immediately binding Decisions cannot be subject to review / approval / veto exemption juridical review IN DETAIL – INDEPENDENCE [2] 4. Separate annual budget with autonomy in its implementation Can be part of the state budget Approval by parliament possible but limited to global financial framework, no influence on NRA priorities! Appointment of NRA baord members possible but not resulting in instructions! 5. Human and financial resources Adequate to execute powers Benchmark: other NRAs / bodies (e.g. national banks) [ref. ITO!] 6. Management Fix term 5-7 years, renewable once Rotation scheme Members appointed before the implementation of the 3rd package: max 7 years + Relief from office only if not compliant with independence criteria IN DETAIL – INDEPENDENCE [3] 7. Exercising powers impartially and transparently „Impartially“: neutral, based on objective criteria and methodology „transparently“ Adopt and publish procedures / decision making rules Publish information on organisation and structure, including contact points Consult stakeholders before taking decisions – at least by publishing drafts, ideally including PCs / hearings / publication of comments and their reflection Reasoned opinions – appropriate for juridical review Remarks Setting of national energy policy by government not affected Independence does not contradict cooperation
