Climate & Energy Forum

 

The newly-launched Climate & Energy Forum (CEF) will build on the success of the former Carbon Market Forum - yet developed further in two ways:

  • Climate and energy are fully integrated
  • Increased focus on finance for infrastructure and low-carbon projects

The CEF will bring together on a regular basis representatives from the European Commission, the European Parliament, member states, industry, academia, NGOs and other representatives from the civil society. The CEF includes amongst its activities specialised Task Forces in the areas of energy and climate policy.

 

The priority of the 2017 programme is the implementation of the 2016 Winter Package in a very broad sense, including other relevant and related areas such as ETS reform, low-emissions transport or implementation of the Paris Agreement.  General focus of activities will be on how EU regulatory and policy approaches can incentivise market-induced investment in the energy sector.  

Main headings for the 2017 work are:

  • Electricity market reform including, renewables integration, digital energy and flexibility
  • EU climate policy including reform and the future of EU ETS
  • EU financing instruments

Currently planned Task Force:

  • "Providing for flexibility in the EU electricity market", chaired by Jacques de Jong, Senior Fellow, Clingendael Institute

 

This work stream will cover the electricity-related parts of the Winter Package, such as market design, renewables integration, retail (consumer/prosumer), digital energy but also energy efficiency in building.  Focus will be on the mix of regulation and policy to create investment incentives.

 

Whilst the Winter Package has been focused on the energy sector, the EU ETS as the EU flagship policy is an important element. With the EU ETS reform for phase 4 coming to a close, the issue of competitiveness but also the role of the ETS for transport will continue to remain on the agenda.

 

The European Union has a number of instruments available to support the clean energy sector, such as the European Structural and Cohesion Fund, EIB instruments, the European Fund for Strategic Investments but also the Innovation and Modernisation Fund, or the fund for Competitiveness of Enterprises and Small and Medium-sized Enterprises - to name but a few. To be most effective the different instruments need to be aligned with EU energy, climate and industrial policy objectives and EU and member state competition policy. The years from 2017 to 2019 will see an unprecedented number of proposals to reform the EU financial support structures (EU budget, EIB operations, and the interplay and coherence with other financial structures and policies).  This opens an opportunity to design better and more appropriate instruments in the areas of climate and energy policy.

 

 
 

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