NewEnergyNews: WIRING EUROPE’S WIND

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  • Oregon To Expand Wave Energy Research

    Friday, September 28, 2012

    WIRING EUROPE’S WIND

    EU: an internal energy market by 2014?

    20 September 2012 (European Wind Energy Association)

    "...[Creating the Internal Energy Market in Europe]by the European Wind Energy Association argues that EU electricity market rules must reflect the energy generation mix of the future and help usher in a flexible power system with a large-scale uptake of wind power and other renewable energy sources…

    “The report comes as the Single European Act - creating a single market in goods, capital, people and services - turns 25…EU Heads of State have agreed that Europe should have an internal energy market by 2014, but the EU is not on track to meet that target. [This October the European Commission is set to publish a Communication…expected to contain an action plan to take Europe closer to a single energy market]…”

    “To this end, the report recommends…[1] Creating a level playing field for renewable energy sources by tackling structural market deficits such as…Removing regulated prices and excessive market concentration to enable small…and medium-sized power generators to enter the market…[and] Removing coal, gas and nuclear subsidies before they are removed from mature renewable technologies like onshore wind…

    “…[2] Creating functioning markets covering larger geographical regions within Europe so as to reduce the need to balance variable renewables like wind and solar…[3] Developing intraday and balancing markets at national(1) and cross-border levels…[4] Creating new markets for 'grid support services,' supporting the functioning of the grid to ensure a secure supply of electricity, instead of introducing market-distorting capacity payments.”

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