The Energy Innovation Area of the Florence School of Regulation (FSR), in association with the Young Scholars Initiative (YSI), would like to invite young scholars to submit their work to the 2nd Energy Innovation Bootcamp. The event will be held in the Florence School of Regulation (Florence, Italy) on 26-28 November 2019.

Download the Call for Papers

We welcome candidates with interest in innovation aspects within energy industries. Instances of those interests include, but are not restricted to:

• Studies on co-evolution between institutional and technological development
• Financial aspects of policies oriented to promote energy transitions
• Studies on social impacts of energy transitions
• Structural change as a driver for energy policy
• Complexity approaches to understanding energy transitions
• Models of complex economic systems: ABM, networks, statistical learning
• Local, national or supranational case studies (special interest in developing countries)
• Technology policies as an alternative to energy policies in energy transitions

How to apply

Please send proposals to the FSR event coordinator: chiara.canestrini@eui.eu. Please specify Institution and Base Country.

Deadline: September 28^st, 2019

Eligibility: young scholars (Graduate students, Ph.D. candidates, Postdocs) and early career researchers working/interested in the topics of the event.

Requirement: an abstract or a complete paper in English. There are no format or length requirements.

Submissions are free of charge. Financial support is available for selected students. Please indicate the need for funding in the application email.

About the event

Energy transitions imply disruptive innovation. The 2nd Energy Innovation Bootcamp aims to bring together young scholars to discuss industry adaptation to technological and institutional change. The perspective of industries as complex and evolving systems opens the discussion to topics on industrial dynamics, networks, interactions, and heterogeneity. In the context of energy transitions, we ask how the industry evolves and how it induces innovation. That is an opportunity to bring together a broad view on technological and institutional aspects, and cross-fertilize those streams in a co-evolutionary perspective.

The Bootcamp activities pay constant attention to operationalization. The young scholars will find an open environment to bring their contributions from theoretical developments and empirical analyses and to target results into operational proposals for researchers and public and private decision-makers. To that end, we aim at combining views from fields such as economics, engineering, political sciences, law, social sciences as well as business and management.

The Format

The event consists of three full days of intense activity.

• Each day, we start with presentations aimed at giving a broad view on a relevant topic. After that, knowledge stations aim at providing horizontal discussions on specific research questions or methodologies.
• During the afternoons, academy seminars take place. Participants have the opportunity to present and discuss their own research with experienced mentors and other participants of the academy.

Acceptance

The major requisites to be accepted are completeness, clarity, and relevance of the work. We take into consideration regional diversity and gender equality criteria.

The list of selected participants will be published on October 21^st, 2019.

Contact

For more information, do not hesitate to contact the FSR Event Coordinator, Chiara Canestrini.

This workshop will bring together policy-makers and experts in the field to address recent developments in regulating the renewable power sector with a particular emphasis on the Norwegian versus EU approach to the issue.

The topics we will discuss will include the new renewable energy directive, the implementation of the recent EU governance regulation on climate and energy action, the services directive and the sustainable financing of renewables. The workshop will primarily focus on these measures from a legal and economic perspective.

The audience for the workshop will mostly be composed of representatives from EU institutions, regulatory and competition authorities, academics, members of industry, economic consultants and lawyers.

If you would also like to attend the workshop of the 10th, please see details here. The registration forms for both are linked.

Download the presentations

This FSR online debate will provide participants with insights on the FSR’s proposal for a common terminology for gases.

Sector coupling is meant to accelerate the decarbonisation of the EU energy sector and gas sector will be playing a key role in the process. However, recent discussions, studies and existing pilot projects led us from a rather uniform world of one commodity (natural gas) to the uncharted territory of the heterogenous low-carbon and decarbonised gases. Biogas, biomethane, green, blue and grey hydrogen, synthetic methane could be produced through different processes and from different substrates, which rises the questions on their environmental and climate impact.

Panellists: Chelsea Baldino (ICCT), Eva Hennig (Eurogas), Augustijn Van Haasteren (DG ENER), Malcolm McDowell (DG ENER)

Moderator: Ilaria Conti (FSR)

That’s why one of the key debates at the latest Madrid Forum on 5-6^th June 2019 was devoted to the identification of a common terminology for gases.

The recently adopted recast Renewable Energy Directive (RED II) takes up the matter, e.g. by extending the Guarantees of Origins to renewable gases and by introducing the provisions enabling the integration of gas from renewable sources in the existing gas network infrastructure. Yet, it does not introduce clear definitions or criteria (taxonomy) to classify the various types of gases that are currently being used in the system.

This is the first online debate organised as a part of the FSR sector coupling platform project realised in cooperation with the European Commission (DG Energy). For more information visit the FSR Sector Couling platform.

Preparatory materials:

ICCT presentation on Common terminology for gases from the research perspective

CEDEC presentation on Gas industry proposal to align gas terminology

This FSR Webinar will explore the economic framework for compensation for Carbon Pricing in Europe.

Speaker: Fabien Roques (FSR; Compass Lexecon; Université Paris Dauphine)

Under the 2030 Climate and Energy Framework, the European Union has committed to EU-wide targets for the period 2021-2030 in the context of a long-term strategy to achieve a climate-neutral economy by 2050. Among these targets is a 40% cut in greenhouse gas emissions. The EU emissions trading system (EU ETS) is the cornerstone of the EU’s policy to combat climate change. It is the world’s first major carbon market and remains it’s largest. To safeguard the competitiveness of industries covered by the EU ETS, the European Commission has developed a framework to provide compensation for the sectors and sub-sectors deemed to be exposed to a risk of carbon leakage.

Download the presentation

In this webinar, Fabien Roques will review the status of carbon pricing at global level and weigh the effectiveness of the EU ETS and its impact on competition across various industries before examining the theoretical framework established to deal with the risk of carbon leakage for the direct and indirect carbon costs that they face as a result of the EU ETS.

This webinar is part of the Energy Union Law Webinar Series. Find more from this series

FSR Online Talks

The power industry is essential in the fight against climate change. In this online talk, we will look at the microeconomics underlying power markets and the tensions between microeconomics and political economy, together with Thomas-Olivier Léautier (Toulouse School of Economics).

Thomas-Olivier is the author of Imperfect Markets and Imperfect Regulation, the first textbook to present a comprehensive and detailed economic analysis of electricity markets, analyzing the tensions between microeconomics and political economy.

The 45′ event moderated by Tim Schittekatte (Florence School of Regulation – Energy & Climate) will touch upon the key challenges in:

• wholesale market structure;
• retail market organisation;
• transmission pricing (zonal vs nodal);
• policy issues: the impact of renewables and generation adequacy

Join the discussion online!

Imperfect Markets and Imperfect Regulation.

An Introduction to the Microeconomics and Political Economy of Power Markets

To learn more about it, watch the book trailer

Port-call optimisation. The first step towards a smart and sustainable digital eco-system for maritime transport?

BACKGROUND

The 2nd Florence Maritime Forum, jointly hosted by the Florence School of Regulation’s Transport Area and the European Commission’s DG MOVE, will take the form of a roundtable discussion on 10 October 2019, organised back to back with the Digital Transport Days, taking place in Helsinki.

The maritime transport industry faces strong competitive pressure from other modes of transport, but can and should – ‘tap’ on the potential of digitalisation. In order to remain an attractive and competitive transport mode in an increasingly digital economy, the maritime eco-system has to accelerate efforts in integrating a new digital approach, with a view to facilitating the efficiency, reliability and predictability of operations. Addressing this challenge requires as a basis data exchanges and sharing between all parties making up the maritime eco-system, including hinterland and maritime operators.

Digitalisation is not a goal per se but rather a means to improve operations (including safety of operations), to increase capacity of the maritime industry and to improve links to the hinterland. With 75% of the EU trade being transported on the seas, attractive and competitive maritime services are critical. But it equally concerns the well-functioning of our ports as major gateways connecting the EU market to its international partners. Maritime transport is in essence only one element of a much diverse multimodal transport chain. Its single performance is critical but it cannot suffice if its integration in the overall transport network is not well achieved.

The round-table discussions will hence assess the opportunities and challenges that digitalisation brings to the maritime sector, with focus on, possibly, the most crucial aspect in the logistic chain: the port call.

Optimising port calls means better information to operators on when berth would be available, in order to allow them to adjust their routing, their speed to ensure the most efficient operations and just-in-time arrival. This, in turn, will also have positive effects on the vessels’ fuel consumption, and the related emissions. On the other side, optimising port calls should also allow sufficient information flowing to the port authorities and operators, so that they can best adjust to the expected levels of traffic and cargo.

The issue: port-call optimisation

The concept of port-call optimisation is based on the idea that the efficiency of logistics could significantly increase if the time-schedule of the various activities required for port calls and cargo handling and distribution were set in advance, predictable and fully relied upon, available to all parties involved, and dynamically adjusted in case of unforeseen circumstances.

Whereas elements of this concept are already present here and there, there are no examples of fully-fledged implementation. This might be surprising, considering that the main actors of the logistic chain – shippers, maritime operators and port service providers – share an interest in reducing idle times, maximising turn-around and increasing reliability of schedules. In addition, greater logistic efficiency and voyage optimisation would translate in a reduced carbon footprint: a common challenge to all parties involved.

Therefore, the question is why the full potential of port-call optimisation remains unexploited, considering that the technological means for tracking and tracing vessels and cargo are already available.

Most of the ports in the EU and worldwide operate on a “first come, first served” principle, meaning that ships incur significant additional expense in fuel costs, because the ships might have sailed faster than necessary, or lost cargo carrying time due to the delays in unloading. Some of the world’s major ports have therefore adopted more sophisticated variants of slot management requiring advanced data exchange. In the inland waterways sector, too, there are examples of cooperation of several ports in certain geographical regions, in order to coordinate ports call planning hence improved planning of port operations, including customs activities*.

Using smart information sharing in a maritime eco-system may achieve efficiency gains for vessels, ports, terminals and other actors in the logistic chains; improve turnaround time for vessels, and for authorities needing to ensure safety, security or environmental standards both reducing costs without reducing targets. Data could also be used to improve efficiency in the rest of the transport and logistic chain through better planning of operations, avoiding congestions, etc. However, a smart maritime eco-system can only be achieved through the coordinated efforts of all involved players in deploying innovative technologies, disruptive business models and strategic partnerships.

Participants in this round-table discussion are invited to address some of the basic issues in relation to port-call optimisation and provide their views on the following questions:

(1) Is the concept of port-call optimisation appealing from the point of view of your business? Which aspects are more attractive and which are less desirable and possibly worrying? How can automation or autonomous vessels play a role?
(2) Are there any obstacles to the implementation of the concept? Are these obstacles of a practical, commercial, technological, legal, administrative or other nature?
(3) Are there any actions that could be put in place to facilitate the implementation of the concept, in turn creating trust in any such an eco-system approach? In particular, is standardisation prerequisite problem or a solution? How would a uniform method of measurement to verify and compare reductions of environmental impact work?

*For instance, the The RheinPorts Information System (RPIS) has been developed in the context of the EU (CEF) funded project “Upper Rhine Traffic Management System” conducted by RheinPorts Basel-Mulhouse-Weil together with Port Autonome de Strasbourg, Rheinhäfen Karlsruhe and the other Upper Rhine Ports.

Participation in the event is upon invitation only.

List of videos from the plenary presentations

Emissions trading

Luca Taschini | London School of Economics

Environmental Taxation

Stephen Smith | University College London

A Transition to Global Carbon Pricing

Jeroen Van den Bergh | Universitat Autònoma de Barcelona and VU University Amsterdam

Renewables

Natalia Fabra | Universidad Carlos III, Madrid

Presentations and papers – FSR Climate annual conference

Plenary presentation: Environmental Taxation

The More the Merrier? Potential and Pitfalls of Instrument Combinations in Climate Policy [Slides] [Video]

Stephen Smith | University College London

Session 1: Environmental Taxation

Yellow Vests, Endogenous Beliefs, and Carbon Tax Aversion [Paper]

Thomas Douenne | Paris School of Economics, University Paris 1 Panthéon-Sorbonne;

Adrien Fabre

Session 2: Renewables

Procurement Auctions for an Electricity System with Increased Wind Technology [Slides]

Aimilia Pattakou | ETH Zurich

Do Sustainable Energy Policies Matter for Reducing Greenhouse Gas Emissions? [Paper]

Donatella Baiardi | University of Parma

Keynote lecture

A Transition to Global Carbon Pricing [Slides]

Jeroen van den Bergh | Universitat Autònoma de Barcelona and VU University Amsterdam

Plenary presentation: Emissions trading

Emissions Trading Systems, Cap Adjustments and the Market Stability Reserve [Slides] [Video]

Luca Taschini | London School of Economics

Session 3: Issues in Climate Policy (1)

Living in an Uncertain World: Environment Substitution, Local and Global Indeterminacy [Slides]

Mauro Sodini | University of Pisa; Angelo Antoci and Simone Borghesi

Modelling Maladaptation In the Inequality-Environment Nexus [Slides]

Elisa Ticci | University of Siena; Angelo Antoci and Paolo Russu

Five Shades of Green: Heterogeneous Environmental Attitudes in an Evolutionary Game Model [Slides]

Giulio Galdi | University of Siena; Angelo Antoci and Simone Borghesi

Session 4: Emissions Trading (1)

Allowance Prices in the EU ETS – Fundamental Price Drivers and the Recent Upward Trend [Slides]

Marina Friedrich | Potsdam Institute for Climate Impact Research; Michael Pahle

Impact of Political Announcements on the EU ETS [Slides]

Juan Fernando López Hernández| European Lime industry Association- EuLA and Industrial Minerals Association-IMA -Europe A.I.S.B.L.

Plenary presentation: Energy Efficiency

Selling Energy And Saving Energy: The Industrial Organisation Of Energy Savings Obligations [Slides] [Video]

Matthieu Glachant | Mines ParisTech

Session 5: Energy Efficiency

Electricity Intensity in the Developed Countries: Global Divergence, Club Convergence and the Role of the Structure of the Economy [Paper]

Lior Gallo | Bank of Israel

The Effects of Energy Literacy and Household Income on Consumer Choice of EnergyEfficient Appliances – Insights from o Multi-Country Discrete Choice Experiment and Welfare Analysis [Slides]

Joachim Schleich | Grenoble School of Management; Marie-Charlotte Guetlein, Corinne

Faure and Gengyang Tu

Is there Climate Policy Integration in EU Energy Efficiency and Renewable Energy Policies? Yes, No, Maybe [Slides]

Daniela Kletzan-Slamanig | Austrian Institute of Economic Research; Claudia Kettner-Marx

Session 6: Issues in Climate Policy (2)

Transboundary Water Governance and Institutional Effectiveness In the Lower Mekong Delta: An Analysis of the Mekong River Commission [Slides]

Julie Pellizzari | Foundation Euro – Mediterranean Center of Climate Change

Energy and Productivity in the UK: Demand and Supply Perspective [Slides]

Shimaa Elkomi | University of Surrey; Simon Mair, Tim Jackson

29 November

Plenary presentation: Renewables

Competition among Renewables [Slides] [Video]

Natalia Fabra | Universidad Carlos III, Madrid

Session 7: Emissions trading (2)

Hedging and the Temporal Permit Issuance in Cap- and –Trade Programs: the Market Stability Reserve Under Risk Aversion [Slides] [Paper]

Oliver Tietjen | Potsdam Institute for Climate Impact Research; Kai Lessmann and Michael Pahle

Session 8: Environmental taxation (2)

Energy Prices and Firm’s Economic Performances in Emerging Countries [Slides]

Francesco Nicolli |University of Ferrara

Gasoline Price Uncertainty and New Vehicle Fuel Economy [Slides]

Stefano F. Verde | European University Institute, FSR Climate; Valeria Di Cosmo

Session 9: Emissions trading (2)

Energy Taxes and Manufacturing Firm Performance: Evidence from Finland’s Green Tax Reform [Slides]

Marita Laukkanen | VATT Institute for Economic Research; Kimmo Ollika and Saara Tamminen

Is a Double Dividend Possible For The Irish Carbon Tax? [Slides]

Aykut Mert Yakut | Economic and Social Research Institute; Kelly de Bruin

Session 10: Issues in Climate Policy (3)

A Semiparametric Analysis of Green Inventions and Environmental Policies [Slides]

Massimiliano Mazzanti | University of Ferrara; Antonio Musolesi

Effects of Environmental Innovations on CO2 Emissions in Europe: An Empirical Analysis of Panel Data From an ARDL Model [Slides]

Michelle Mongo | Saint-Étienne School of Mines

Climate-Change Adaptation: The Role of Fiscal Policy [Slides] [Paper]

Emilia Pezzolla | Prometeia Associazione; Michele Catalano and Lorenzo Forni

For the 11^th edition of this collaboration, we will dive into the key topics of Legal Issues of Energy Regulation.

The FSR-BNetzA Forum is a long-standing collaboration between the Energy Union Law Area of the FSR and Bundesnetzagentur, the German regulatory authority, which aims to critically assess the central issues facing national regulatory authorities in the field of energy from both a legal and economic perspective.

We will look beyond the Clean Energy Package to the next priorities in energy regulation and consider how the incoming Commission may shape the energy landscape. We will examine the role of digitalisation in empowering the consumer, the system integration of renewables, and regulatory design. Further details of the programme will be released shortly.  

The forum on “Legal Issues of Energy Regulation” will bring together an audience of academics, institutional and NRA representatives, policy-makers and market players. The forum is open to participation and free of charge. There are, however, limited places available and priority will be given to invited guests.

For further details on the content, please contact the scientific organiser: Anne-Marie Kehoe.

For logistical and other practical information on the programme and registration, please contact RSCAS.Conferences@EUI.eu.

The Conference on the Regulation of Infrastructures is the annual event that brings together all the Areas of the Florence School of Regulation. The 9th edition of the Conference on the Regulation of Infrastructures will focus on regulation of convergence and will take place online on 24-26th June 2020 .

• On June 24 (12.00-18.00) and June 25 (10.00-16.30) paper presentations will take place online.
• On June 26 from 11.00 to 13.00 there will be a round table discussion with FSR Areas directors and a keynote speaker Alberto Pototschnig, FSR Energy, Part-time professor/ Former Director of the European Union Agency for the Cooperation of Energy Regulators (ACER) (2010-2019).

How to participate:

Please register for the round table discussion using the link on the right. One week prior to the round table discussion we will forward a full list of the scheduled paper presentations.

About the conference:

Most infrastructures have developed independently from one another and constitute self-contained socio-technical systems. This is, for example, the case of electricity, of gas, of telecommunications, of air transport, but also of railways. Consequently, also regulation was set up in a self-contained sector-specific manner.

However, this way of doing things cannot continue into the future, as the different infrastructure sectors are converging. This is, first, because of the technological and economic dynamics that has been triggered by liberalisation, and which has led to new technologies, often at the interface of the different sectors (e.g., power-to-gas), along with corresponding cross-sectoral business strategies.

Convergence also results from recent developments of digital networks (and in particular of the fifth generation of wireless technologies, the 5G) which increasingly act as driver of convergence between sectors, leading to cross-sectoral and much more integrated infrastructures services (e.g., “Mobility-as-a-Service” or MaaS). The take-off of the Internet of Things (IoT) based on 5G networks, which is addressed as the next Industrial Revolution, is expected to accelerate this trend. Finally, climate and other ecological challenges force a direct comparison among different sectors, such as in the case of externalities caused by energy generation (by renewables or by fossil fuels) or by the different transport models.

For all three reasons, a more convergent view of the different network industries is rapidly emerging … but will it translate into converging regulation or even into the regulation of convergence? Such is the topic of the 9th Florence Conference on the Regulation of Infrastructures.

More precisely, we look for contributions that link different infrastructure sectors, especially in terms of regulating interfaces between the different sectors, as well as regulating more integrated and converging sectors. Contributions utilising multidisciplinary as well as interdisciplinary approaches to regulation are welcome. Papers linking academia and practice, as well as policy research papers are particularly encouraged.

The conference is intended for academics such as PhD students, PostDocs and Assistant/associate/full Professors as well as academically minded practitioners.

List of selected authors and titles of their papers (* presenting author)

• Balogh, V. “Consumer protection – the case for converging regulation”
• Bischi, A.*, Thie, N., Schwaeppe, H., Schumann, K., Ferrari, L., Gordini, A., Paronuzzi, P., Punzo, A., Cakirer, K. B., Acan, B., Crisostomi, E., Desideri, U., Pozzi, M.*“Integrated planning of multi-energy systems: a comprehensive modelling framework”
• Brauer, J.*, Villavicencio M.  “The value of avoided curtailments – Increasing welfare through the involvement of TSOs in the operation of power-to-hydrogen units”
• Bruni, A. “5G deployment: The role and challenges of regulatory bodies in ensuring convergence within the EU”
• Ducuing, C. “The Broadband Cost Reduction Directive: a legal primer in cross-sector regulation of infrastructures”
• Gonçalves, E.*, Dutra, J., Resende, B.”Coupling Power & Natural Gas sectors in Brazil – is convergence possible in times of market reforms? The case of Reservoir-to-Wire Power Plants”
• Hoffmann, L.J. “Three entitlement problems in the digital economy and how antitrust (re-)allocates property rights“
• Knieps, G. “Sector coupling through the lens of 5 G networks”
• Mayol, A., Staropoli, C. “Giving consumers too many choices: a false good idea? A lab experiment applied to water and electricity tariffs”
• Nolden, C. “Locating value in sector coupling: powering railways with renewable energy”
• Paniccia, I. “Substitution or Integration between Traditional Public transport and New Forms of Mobility. Implications for Economic Regulation”
• Parcu, P.L., Innocenti, N., Carrozza, C. “The increasing complexity of 5G technology: is this an issue for competition?”
• Phang, S.Y. “The convergence of water, electricity and gas industries: Implications for PPP design and regulation”
• Van Soest, H. “Reconceptualising the Electricity System and the Internet as Two Interdependent Super-Critical Infrastructure Systems”
• Vanrykel, F. “Electrification of road transport and the future of infrastructure financing: a look at energy taxes”

Conference structure

The format of the Florence Conference on the Regulation of Infrastructures is unique, in that we favor quality over quantity:

• Each presenter has 45’, which includes 20’ of presentation, 10’ of qualified feedback and 15’ of discussion with the audience;
• Feedback will be given by senior professors associated with the Florence School of Regulation who are specifically knowledgeable about the topic at hand;
• Papers retained for publication will receive additional feedback beyond the Conference.

Timeline

• Submission of the abstract by 14 February (download the guidelines) using the online form. For any issues regarding the submission, please contact Ms Irina Lapenkova at FSR.Transport@eui.eu;
• Notification of acceptance by 2 March 2020;
• Submission of the full paper by 24 May 2020; participants who fail to submit a full paper by this deadline will be automatically removed from the programme;
• Conference on 24-26 June 2020 online.

Guidelines for the abstract

• 600-1000 words
• Title of the paper & keywords
• Name of the author(s) and full address of the corresponding author
• The aim and methodology of the paper
• Results obtained or expected

Publication opportunities

• Papers will qualify for the Journal Competition and Regulation in Network Industries (SAGE)
• A summary of the 4-5 best papers will have the chance to be published in the dedicated issue of the Network Industries Quarterly (Issue 22, Vol 3, September 2020), which distributes to approximately 4000 people worldwide.

Learn more about the 8th edition of the conference, which took place in Florence on June 20 and 21 2019 here. 

Organising Committee

• Prof Simone Borghesi (EUI, Part-time professor and Director of the Climate Area of the FSR. Siena University, Professor)
• Prof Matthias Finger (EUI, Part-time professor and Director of the Transport Area of the FSR. EPFL, Professor and Director of the Chair of Management of Network Industries)
• Prof Jean-Michel Glachant (EUI, Robert Schuman Chair, Director of the FSR, Director of the Energy & Climate Area of the FSR, Holder of the Loyola de Palacio Chair)
• Prof Juan Montero (EUI, Part-time professor of the Transport Area of the FSR, Professor of Administrative Law and Regulation in UNED University (Madrid)
• Prof Pier Luigi Parcu (EUI, Part-time professor and Area Director of the FSR Communications & Media, CMPF)
• Prof Stéphane Saussier (EUI, Part-time professor and Director of the Water Area of the FSR. IAE de Paris, Professor and Director of the EPPP Research Group)

The next Commission will play a decisive role with respect to the future of European energy policy.

the FSR European Energy Policy and Law Conference is aimed to discuss these issues and to draw some first conclusions on what should be the next Commission’s energy priorities.

• Session 1 will look at the challenges in delivering a cost-effective and competitive EU electricity system, and achieving the EU and Member States’ renewables targets whilst meeting the goals of competitiveness and energy security.
• Session 2 will look at the role of gas – natural, biomethane, green and low-carbon – in the EU’s long-term energy system:
• Session 3 will look at what will be the key infrastructure challenges moving forward, and what the next Commission will need to do to deal with them.
• Session 4 will look at the challenges facing the EU’s competition policy to evolve and to meet the rapid changes taking place on EU energy markets.

Keynote address:

Miguel Arias Cañete | European Commissioner, Climate Action & Energy

Péter Kaderják | Minister of State for Energy Affairs and Climate Policy of Hungary

Among the confirmed speakers:

Jean-Michel Glachant | Florence School of Regulation

Christopher Jones | Florence School of Regulation

Andris Piebalgs | Florence School of Regulation

Paula Abreu Marques | European Commission, DG Energy

Florian Ermacora | European Commission, DG Energy

Jane Amilhat | European Commission, DG Energy

Thierry Bros | Oxford Institute for Energy Studies

Giles Dickson | Wind Europe

FSR Workshop organised by the FSR Energy Innovation Area, in cooperation with the European Commission and The Alliance for Internet of Things Innovation (AIOTI)

Digital Energy Marketplacesmig

The role of smart contracts in the definition and coordination of investments, architectures and governance

#DigitalEnergyMarket

Technological innovation may just increase the efficiency of an industry, significantly transform it, or even disrupt entirely it. To transform or to disrupt, innovation needs to change the industry players and the way they interact. For example, industry change may be driven by consumers pushing the path from smart technologies – which any utility may implement itself to manage its own assets – to smart transactions, where smart technologies create new coordination tools within the industry.

By gathering practitioners from the industry, academics and representatives of the institutions, this workshop develops further the debate started at the Open Marketplaces & Enabling Technologies workshop that took place last March in Brussels. The various sessions of the workshop will explore how distributed ledger technologies like the blockchain can effectively transform the energy industry and enable new forms of interaction among the actors of the supply chain. The possible emergence and the organisation of new platforms and contractual arrangements will be investigated. Finally, the workshop will address the governance and regulatory issues that the adoption of these new technologies raises.

Participation in the event is upon invitation only.

Towards an economic regulator of Air Traffic Management (ATM) – 12th Florence Air Forum in Budapest

Improving the Air Traffic Management (ATM) performance is the main goal of the Single European Sky (SES) initiative. The EU’s SES legislation has introduced a performance scheme which defines performance targets in the key performance areas of safety, environment, airspace capacity and cost-efficiency through the adoption of Union-wide performance targets and approval of binding consistent National or Functional Airspace Blocks (FAB) performance targets. It is through this scheme that monopoly air navigation service providers are regulated in Europe.

The performance scheme was first established in 2009 as part of the second SES package. The first reference period ran from 2012 to 2014. The second reference period runs from 2015 to 2019 and is governed by Commission Implementing Regulations (EU) 390/2013 and 391/2013. Rules were revised in 2019 with the adoption of Commission Implementing Regulation (EU) 2019/317, which sets out the provisions applying to the third reference period (RP3) from 2020 to 2024.

To assist the Commission and national supervisory authorities in the implementation of the performance scheme for air navigation services, the Commission first designated in 2010 the Performance Review Commission of Eurocontrol as the Performance Review Body (PRB) of the single European sky. This set up was then changed in 2016/2017. Since then, the PRB acts an independent group of experts. It is composed of 9 members assisted by a support team.

Recent main tasks of the PRB have been to monitor the performance of air navigation service providers and to provide recommendations to the Commission on the performance targets for RP3. In February 2019 the PRB published its final recommendations for the Union-wide performance targets in air navigation services for 2020-2024.  These targets relate to the improvement of flight punctuality, encouragement of more efficient flight paths to reduce the environmental impact of air traffic, and the cost reduction of service provision to the benefit of airlines and passengers, while ensuring the highest safety standards. Following this recommendation, Commission Implementing Decision (EU) 2019/903 setting the Union-wide performance targets for the air traffic management network for the third reference period was adopted on 29 May 2019.

During the consultations and preparations organized ahead of RP3, it became apparent that the revision of the rules for RP3 could be only limited in scope, focusing in particular on simplifying and clarifying the legal provisions. A wider reflection on the future of economic regulation in ATM is necessary in order to tackle key issues faced in the sector.

While RP3 preparations are underway and performance targets have already been defined for that period, this Forum therefore aims at planning the time after RP3 by exploring the possibility to improve the economic regulation and to move towards an economic regulator of ATM.

More specifically, the forum seeks to answer the following three critical questions:

• Balance sheet of performance and charging scheme so far. What are the main weaknesses and why do we need to move to an economic regulator for ATM?
• Economic regulation of monopolies. What can we learn from others?
• How to set up an economic regulator organisationally?

FINAL PROGRAMME

SPEAKER PRESENTATIONS:

Introduction to the forum:

Matthias Finger FSR TRANSPORT

Balance sheet of performance and charging scheme so far: What are the main weaknesses and why do we need to move to an economic regulator for ATM?

Regula Dettling-Ott PRB

Brian Pearce IATA

Kalman Seregelyes HungaroControl

Economic regulation of monopolies: What can we learn from others?

Alberto Pototschnig ACER

Marcin Cichy BEREC

Anne Yvrande-Billon ARAFER

How to get to an economic regulator organisationally?

Anne Lambert UK CAA