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“Energy effective solutions for the EU – let’s talk about Energy Market Design Reform”

Date: Tuesday, 21st of March

Place: Business &Science Poland Office, Rue Belliard 40, Brussels

AGENDA

13.00 – 13.15

Welcoming the guests

Katarzyna Lachowicz, Director of BSP Branch in Brussels

Opening speech

Janusz Wojciechowski, European Commissioner for Agriculture

13.15 – 15.00

Panel discussion

Armen Konrad Artwich, Member of the Management Board for Corporate Affairs, PKN ORLEN S.A.
Prof. Bogusław Liberadzki, Member of the European Parliament
Aleksandra Baranska, Policy Officer, Directorate General for Energy of the European Commission
Cillian O’Donoghue, Policy Director, Eurelectric
Conall Heussaff, Research Assistant, Energy and Climate Policy, Bruegel

Moderator: Daniel Czyżewski, Editor Energetyka24.com

About conference:

In its objectives, the EU single energy market was to integrate and liberalise the Member States’ gas and electricity markets so that they would become globally competitive and contribute to the development of the European economy. Since the Russian invasion of Ukraine, the market has been undergoing profound structural changes. The energy crisis has caused, among other things, instability in the raw materials market and a significant increase in EU energy prices and has shown how vulnerable the current electricity market structure is and what consequences this has. The Union has applied a number of ad hoc solutions to stabilise the situation. However, it appears that a profound transformation is needed to achieve a responsible, climate-compatible EU secure energy model characterised by fair market access, with market-based supply prices and adequate interconnection and generation capacity.

Given the growing demand for electricity and the increasing share of renewable energy, structural reform of the electricity market seems to be a necessity.

During the debate, we want to:

– learn the point of view of sectors that have been hit hard by the energy crisis and consider whether the proposed shape of the electricity market corresponds to the demand of selected sectors of the economy

– consider to what extent the proposed changes will contribute to increased investment in renewable energy sources, grid infrastructure and energy storage systems to ensure the stability of the electricity system

– consider whether the market is ready for the challenge of increased capacity and intermittent renewable generation

–  consider whether the reform will promote competitive electricity prices and ensure certainty of investment in RES.

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