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New energy market design

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      Today’s energy market is fundamentally different from the one of five years ago. Along with an ambitious Energy package, the European Commission will propose a new Market Design initiative to respond adequately to the rapid evolution of the electricity market. Implementation of the Paris Agreement is now at the forefront of decision-making. These new challenges revolve around incorporating more renewables in energy grids. This reform is essential for building a more performant market allowing consumers to play a more active role. Security not only depends on the mitigation of external threats but also on a strong and responsive market. Europe’s energy prices must remain competitive to ensure a bright future for its consumers. All of these concerns must be addressed by a new Energy Market design. This measure is important for the long-term success of a secure, sustainable, and competitive Energy Union.

      TABLE OF CONTENTS
      • Investment in a European Energy Market to Benefit its Citizens
        Peter Žiga, Minister of Economy, Slovakia
      • Leveraging the Internal Energy Market: our greatest asset towards flexibility, security and decarbonisation
        Miguel Arias Cañete, Commissioner for Climate Action and Energy
      • Competitive markets in the New Energy Market Design
        Margrethe Vestager, Commissioner for Competition
      • The challenges of the Market Design Initiative
        Dr. Werner Langen, MEP (EPP), Rapporteur on the EP own-initiative report “Towards a New Energy Market Design”
      • Re-Powering improving the electricity market framework for the transition to a low-carbon power system
        Fatih Birol, Executive Director of IEA
      • A view of energy market design from the United States
        Norman Bay, Chairman of the Federal Energy Regulatory Commission
      • Regional cooperation at the heart of a secure, sustainable and competitive energy market
        Dominique Ristori, Director General of DG Energy, European Commission
      • Gas and Renewable Energies, the Best Allies for Generating Power
        Patrick Pouyanné, Chairman and CEO of TOTAL
      • When hidden costs make market fail
        Claude Turmes, MEP (Greens) Shadow rapporteur on the EP own-initiative report “Towards a New Energy Market Design”
      • Getting the electricity market design right to win the challenge of the low-carbon transition
        Antonio Mexia, President of EURELECTRIC
      • How energy markets can integrate
        Ambroise Fayolle, Vice President, European Investment Bank
      • National Transmission System Operators (TSO), providing strength through unity for the European electricity market
        François Brottes, CEO of RTE
      • Challenges of National Coordination for an integrated energy market
        Morten Petersen, MEP (ALDE), Vice-Chair of the ITRE Committee
      • Regional Cooperation – it is in our DNA
        Dr Klaus Kleinekorte, Chief Technical Officer of Amprion Energy market design: yes but with no electric myopia!
        David Berman, Deputy Company Representative to the EU institutions, Veolia
      • “Challenges of the IT-Smart Grids on reaching their full potential in the Energy Market”
        Pilar del Castillo, MEP (EPP), Member of the ITRE Committeee
      • How can the Energy Market Design empower citizens?
        Theresa Griffin, MEP (S&D), ITRE Member
      • Putting Consumers at the Centre of a Changing Energy Sector
        Lord Mogg, President of CEER and Chair of CEER’s General Assembly, and is also Chair Of the Board of Regulators at ACER
      • Making the way to prosumers
        Dario Tamburrano, MEP- Movimento 5 Stelle – Italy – EFDD
      • Consumers deserve a better energy market
        Monique Goyens, Director General of BEUC, the European Consumer Organisation
      • Toward a new market design: enhancing competition and security of supply for the success of energy transition
        Xavier Caïtucoli, CEO and co-founder of Direct Energie
      • From COP21 to COP22: it’s time to deliver
        Gilles Pargneaux, MEP (S&D), Vice-chair of the ENVI committee
      • What role can energy efficiency play in the security of supply in Europe?
        Monica Frassoni, President of the European Alliance to Save Energy (EU-ASE)
      • Investment infrastructure for network companies
        Stephen Beel, Partner OFGEM
      • “An electricity market that serves the needs of a competitive EU industry”
        Annette Loske, President of IFIEC Europe
      • New Energy Market Design? In fact, we have no other option
        Pavel Telička, MEP (ALDE), Vice-Chair of the ALDE Group
      • Hydrogen and its role in the New Energy Market Design
        Jorgo Chatzimarkakis, Secretary General of Hydrogen Europe
      • Energy storage recommendations for Energy Market Design
        Patrick Clerens, Secretary General , EASE
      • System flexibility is smart and competitive
        Frauke Thies, Executive Director | Smart Energy Demand Coalition
      • Scarcity prices are an important ingredient to the market design
        Jean-François Conil-Lacoste, Chairman of the Management Board, EPEX SPOT