News brief of 9.6.2016

News from the Greek energy market:

• The decision by the Government Council for Finance Policy (KYSOIP) entitled “Approval of auction plan (NOME)” was published in the Government Gazette (FEK B’ 1593/ 6.6.2016) sets the details regarding the opening of the electrical energy market. (Α.2)
• RAE has made available to the public the table listing the participants in the consultation on the amendment to the Code of Electrical Energy Transactions and the relevant Guide for the calculation of the energy mix, and the content of letters submitted as part of the procedure. (Α.1)

European news:

• EURELECTRIC's Annual Convention & Conference was held in Vilnius themed “E-lectricity: the Power Sector goes Digital” (B.1).
It is one of the major conventions of the past decade as it clearly put forward the new strategy developed by the core European energy Groups.
This strategy drives corporate investments and focus away from the conventional plants, to draw them towards the development of RES and, mainly, of dispersed generation; similarly, investments and focus are driven away from wholesale and drawn towards retail through development of new services. Digitization and innovation are considered to be the means for a successful implementation of this strategy across the energy chain.
Moreover, it has become clear that only a powerful DSO could implement this change. The report and the DSO analysis were discussed in both a dedicated session but in all sessions as well, which is quite a remarkable fact. The following has been pointed out on DSOs:
o the need for investment in innovation;
o the necessary regulatory framework for the above-mentioned investments;
o the issues with the structure of tariffs of the kWh-based distribution networks;
o storage, in conjunction with self-generation in medium and low voltage;
o the importance of data and the fact that they may now constitute the biggest asset of businesses in terms of provision of new services;
o TSO – DSO cooperation.
The method to approach consumers to convince them that all the above will turn to their benefit was also discussed.

Financial participants in the convention (investors and funds) made quite an important contribution to the discussion raising the issue of the time of implementation of the above, stating that European companies should fulfil them within the soonest possible time frame as Europe's competitive advantage against China might be at risk, given that the latter moves at a tremendously fast pace in both RES and dispersed generation and smart grids.

Conclusions of speeches are hereto attached and you may also find them here.
• European Commission's Joint Research Centre (JRC) has established Distribution Network Operators Watch in cooperation with the Institute for Technological Research of Comillas Pontifical University and EURELECTRIC's support. The project's purpose is to collect technico-economic information about the existing status of the Electrical Energy European Distribution Systems. The Watch's results shall become available on the website: http://ses.jrc.ec.europa.eu/  (Β.8). HEDNO joined the effort by providing all the information requested.

• The European Parliament adopted the main information of the report “Delivering a New Deal for Energy Consumers”. EURELECTRIC finds that the final text adopted by the European Parliament incorporates a number of proposals that are detrimental to the pricing, offers' comparison, prosumers and DSO regulation issues (B.3)

• The 21st Energy Community Electricity Forum was held in Athens on 1-2 June. The conference hosted a session where Distribution Network Operators-related issues were discussed. Presentations and conclusions of the Forum can be found in the following link: 21st Athens Forum conclusions and documents (Β.4).

Information records

E-LECTRICITY: The power sector goes digital