BDEW: Tomorrow’s meeting of the European Council:
European Internal Energy Market may not be counteracted by unilateral national actions
Energy industry demands ambitious and binding targets for CO2 reduction by 2030
“On the subject of the internal energy market there is urgent need for action. The European Union must return to its aim of completing the internal energy market. Contrary tendencies in some Member States threaten to destroy the realisation of the internal market. Efforts to obtain more national energy self-sufficiency, state influence on wholesale and final consumer prices and unilateral actions in the pricing of CO2 as in Great Britain, for example, prevent the markets in the EU from merging”, said Hildegard Müller, Chairwoman of the General Executive Management Board of the German Association of Energy and Water Industries (Bundesverband der Energie- und Wasserwirtschaft - BDEW) in the context of tomorrow’s meeting of the European Council. She explained that the introduction of national capacity mechanisms discussed in several European states, in particular, runs counter to the aim of creating an integrated European internal energy market. “Capacity mechanisms may not be allowed to lead to a situation whereby national markets are walled off or disadvantages are suffered by neighbouring countries. In the interests of a functioning internal market, cross-border solutions should always take precedence over national interventions.”
Müller also criticised the insufficient implementation of the third EU Internal Energy Market Package: “The de facto situation is that many EU states still wall off their energy markets instead of structuring them competitively. Energy companies in other Member States are thus denied the opportunity, despite the internal market regulations which have existed for years, to be active on the respective market. We are therefore denying ourselves in Europe the chance of considerable efficiency gains and cost reductions from which consumers and the economy can profit.” The third EU Energy Package, which came into force back in 2009, must not just formally be transposed into national law but finally be applied according to the spirit of the Package.
Müller also called for ambitious and binding targets for reducing CO2 emissions in Europe by 2030. “For the continued reduction of climate-damaging greenhouse gases, Europe needs a timetable with binding interim targets. Otherwise, the mission laid out in the EU Roadmap 2050 will not be achieved. The European Union should set ambitious, binding and specific CO2 targets which have to be achieved by 2030. Only in this way can the parties involved obtain the degree of certainty that the investment in corresponding power plants, technology and infrastructure would be viable”, concluded the Chairwoman of the BDEW General Executive Management Board.