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Internal electricity market (dir 2009/72/EC) and the progress reports on internal market

Teacher Hans De Keulenaer, Fulvio Fontini

Description

The third package of energy liberalization has set up the milestone of completion of internal energy market (IEM) by year 2014, for both gas and electricity. In order to do so, targets were established and rules and process specified in order to achieve the targets. The lecture will explore the definition, meaning, content and perspectives of the internal energy market target for the power sector, focusing on the requirements set up by directive 2009/72/EC and on the monitoring activity to fulfil it. It considers two main aspects:

* The rules and the procedure to achieve the internal energy market in electricity by specifying the market design for the electricity sector at all levels:

- The top-down and bottom-up approach to the iEM target: ACER, ENTSO-E and Regional Initiatives

- The Capacity Allocation and Congestion Management and the Balancing priority areas.

- The four target models for the electricity sector: (1) Market Coupling, (2) Cross-Border Intraday, (3) Long Term Transmission Right, (4) Capacity Calculation

* Monitoring electricity markets 

- ACER activity: reports, opinions and communications

- Article 11 of Directive 713/2009: the Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets. Its structure, content, methodology, perspectives

Duration (hours)

1