FSR Online debate on 3 May 2017, 11am CEST

FSR check-up of the EU frame for Power Transmission System Regulation: missing pillars and roadblocks

An interactive online event to present and discuss the missing pillars and the roadblocks identified by the Florence School in the context of the Europeanisation of the power transmission system.

The online debate will anticipate the release of the new FSR Research Report “Moving the electricity transmission system towards a decarbonised and integrated Europe: missing pillars and roadblocks”.

Moderator:

• Glachant Jean-Michel (Director, FSR)

Speakers:

• Dobbeni Daniel (Former President, ENTSO-E)
• Schmitt Laurent (General Secretary, ENTSO-E)
• Vasconcelos Jorge (Chairman of NEWES)
• Nicolò Rossetto (Researcher, FSR)

Watch the Recording

Download the Research Report

For a preview of the Research Report, a Policy Brief is now available!

Long-term contracts (LTCs) were the most commonly used supply agreements in the gas sector and also generally considered necessary to guarantee the security of supply.  EU gas infrastructures were often developed taking into account the existing LTCs in place.

In the past 10 years, the EU gas market has gone through profound structural changes: the elimination of national barriers and the greater liquidity enhanced by market opening and liberalisation gradually started de-linking the gas price formation from oil indexation and turning towards European hubs’ price reference. Furthermore, gas demand has become more variable – and its fluctuation depends on a number of additional and external dynamics – in primis the subsidisation of renewable energy.

While on one side the shift towards short-term contracting in the gas market was a successful outcome of the EU energy market reform, it might also become soon a concern to TSOs, as the phase-out of long-term contracts might create more uncertainty regarding their future revenue streams. According to a recent analysis performed by the European Commission, the existing long-term commodity contracts are expected to terminate in the course of the next 20 years.

• Will this trend have a fundamental impact on the future of the EU gas market?
• To what extent will it affect TSOs revenues and, consequently, transportation tariffs?
• How important is the actual flow of gas (rather than the contracted capacity) and the forecast of gas demand?
• Are long-term commodity contracts the only way of guaranteeing the security of supply?
• Can well-diversified sources and liquid hubs provide an equivalent guarantee?

The Workshop will try to answer these questions investigating the impact of the reduction in transportation capacity contracted long-term on the revenues of TSOs and the level of network charges; as well as exploring the way more liquid hubs and greater market integration can replace long-term commodity contracts in providing security of gas supply.

This workshop is exclusively open to national regulators, representatives from public bodies and associate & major donors of the FSR Energy area.

Download the programme

Register here

Organised jointly by the Cabinet of Commissioner Violeta Bulc, the European Commission Directorate General for Mobility and Transport (DG MOVE) and the Transport Area of the Florence School of Regulation at the European University Institute (FSR Transport), this executive symposium explores the challenges for the regulation of airport charges in the EU.

This event is by invite only.

Stakeholder symposium on future of #EU airport charges common solutions for stronger aviation sector benefiting pax pic.twitter.com/ZnBIYefiT2

— Violeta Bulc (@Bulc_EU) 17 giugno 2017

ORGANIZED WITH:

Organised jointly by the Cabinet of Commissioner Violeta Bulc, the European Commission Directorate-General for Mobility and Transport (DG MOVE) and the Transport Area of the Florence School of Regulation at the European University Institute (FSR Transport), this executive symposium explores the challenges for EU maritime transport in the current regulatory context.

This event is by invite only.

Everybody on board to sustain EU Maritime global leadership #EUmaritimeYear ⚓️ pic.twitter.com/pSPzavOvSA

— Violeta Bulc (@Bulc_EU) 5 maggio 2017

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Final Programme

ORGANIZED WITH:

Following the usual approach of the Florence School of Regulation, stakeholders and academics will join the 9th Florence Air Forum and actively debate the most important topics in the field of air transport. On this occasion, the discussion will revolve around performance regulation and the Single European Sky performance scheme in particular.

Continue reading “9th Florence Air Forum. The Single European Sky Performance Scheme”

Digitalization is producing a dramatic change in the transportation sector, across and within existing modes of mobility. On the one hand, the Information and Communication Technologies (ICTs) have enabled the development of new mobility solutions, often embraced by citizens and customers, disrupting the long-lasting reign of traditional mobility modes, such as rail. On the other hand, the ICTs are also transforming traditional mobility modes, by making them potentially safer, more user-friendly and more reliable.
Continue reading “14th Florence Rail Forum: railway undertakings in the mobility of the future”

This workshop is organised in collaboration with DG CLIMA of the European Commission, within the framework of the LIFE SIDE project. The project, started on 1 September 2016, aims to support policymakers with the implementation of the EU ETS. 

Go to the workshop web page (with speakers video highlights) 

The LIFE SIDE project is co-financed by the LIFE Programme of the European Commission.

This workshop is organised in collaboration with DG CLIMA of the European Commission, within the framework of the LIFE SIDE project. The project, started on 1 September 2016, aims to support policymakers with the implementation of the EU ETS. 

Go to the workshop web page (with speakers video highlights) 

The LIFE SIDE project is co-financed by the LIFE Programme of the European Commission

 In light of the EU 2030 energy and climate targets, what is the future role of DSOs and TSOs in EU infrastructure policy? Why and how to invest in trans-European energy networks?

Join us online to discuss the EU Regulation on Trans-European Energy Networks, the Connecting Europe Facility, and the Winter Package

Expert panel

• Catharina Sikow-Magny (Head of Unit, European Commission)
• Dennis Hesseling (Head of Gas Department, Agency for Coordination of Energy Regulators)

Moderator

• Leonardo Meeus (FSR & Vlerick)

Watch the recording!

The Policy Advisory Council gathers renowned academics, experts from leading energy companies (being also FSR-Energy Major Donors) as well as representatives from the European Commission, the Agency for the Cooperation of Energy Regulators (ACER) and National Regulatory Authorities to discuss and test the relevance and robustness of FSR research.

This year the Florence School is experimenting new interactive formats to enable and facilitate the debate and brainstorming among participants and FSR discussants.

The event will be divided in two sessions, as follows:

• Session I:The Electricity Network Codes
• Session II: EU Gas Market Design: a Mission Accomplished?

Please note that this is a closed event and participation is by invitation only.

Interactive webinar on: Public Consultation on Recommendable Updates for Gas CBA 2.0

with

• Sébastien Douguet (Microeconomix – Deloitte)
• Nico Keyaerts (Florence School of Regulation)

Watch the Recording

Download the slides

Florence School of Regulation and Deloitte are conducting a public consultation on their ongoing “study on recommendable updates and improvements of the energy system-wide cost-benefit analysis for gas (CBA)” that is being carried out for the European Commission.

 The study has three objectives:

1. identify key areas in which ENTSOG’s 2015 CBA methodology for gas infrastructure projects can be improved
2. propose updates, considering both the positive impact on the methodology and the efforts for ENTSOG to implement them.
3. survey the stakeholders on the proposed updates

From 1 to 24 March we invite the stakeholders to comment on and react to the general and specific recommendations that are presented in the draft report that you can download here.

The Inaugural Board Meeting of the new Journal “Competition and Regulation in Network Industries” edited by Sage will take place at the European University Institute in Florence on June 16th, 2017. The meeting will follow the 6th Conference on the Regulation of Infrastructures, which becomes the annual conference of the Journal as of this year.   Continue reading “Inaugural Board Meeting: SAGE Journal ‘Competition and Regulation in Network Industries’”