‼️Taxonomy‼️
That's official : Germany will oppose the complementary delegated act on gas and nuclear.
They officially told the French presidency of the Council, learned
@ContexteEnergie
🧐🚨 « Les analyses n'ont pas révélé d'éléments scientifiques prouvant que le nucléaire est plus dommageable pour la santé humaine ou l'environnement que d'autres technologies de production d'électricité déjà incluses dans la Taxonomie »
🚨 Info
@Contexte
- A Bruxelles, les experts favorables à l’inclusion du
#nucl
éaire dans la
#taxonomie
« verte »
👉
@AnnaHbrt
a eu accès au rapport du JRC de la Commission sur ce sujet brûlant
‼️Updated leak‼️ the emergency market intervention to be presented tomorrow should include (all details to come in
@ContexteEnergie
)
👉 180 EUR/MWh cap on inframarginal electricity producers revenue
👉 33% "contribution" on superprofits from oil, gas, oil companies
1/2
🚨LEAK 🚨 .
@ContexteEnergie
publishes the new Emergency Regulation on acceleration on renewables expected to be presented this week by the Commission.
👉Simplified permitting for heat pumps
1/2
Nuclear alliance : it seems that 🇫🇷 managed to draft a declaration. 10 countries+France co-signed this draft version (Italy and Sweden invited to the meeting, did not sign at this point).
Text si quite humble « nuclear energy is one of many tool for achieving our climate targets»
Today at 00.01 am the complementary delegated act including gas & nuclear to the EU
#Taxonomy
has been officially adopted.
👉 objection rejected by EP
👉 no majority against at the Council leading to silence adoption procedure
🚨Electricity market reform🚨 Now officially scheduled for 1st quarter 2023 !
@vonderleyen
got what she wants. The president of the
@EU_Commission
wanted to accelerate the previsous calendar of DG ENER where the reform was planned for the second half of 2023.
@Ula_Zielinska
, state Secretary at the Ministry of Climate of 🇵🇱:
« I'm coming here with the message of Poland stepping up its efforts on fight with climate change [...] we will cooperate with the EU... We need to embrace the - 90% emission reduction target » for 2040
The
@EUCouncil
adopted the new Renewables Energy Directive to raise the share of
#renewableenergy
in the EU’s overall energy consumption to 42.5% by 2030.
This will help the EU reaching its climate goal of reducing EU emissions by at least 55% by 2030.
Find out more 👇
.
@BrunoLeMaire
on 🇫🇷's renewable objectives (missing in the latest NECP)
«The obj. must no longer be to have that many wind towers, that many PV. That's the kind of 🇪🇺we no longer want! We want 🇪🇺to set clear climate objectives, then everyone is free to set their own energy mix»
"I'm here because I believe that in countries that are open to technology, nuclear technologies can play an important role in the transition to clean energy", said
@vonderleyen
at the
#NuclearEnergySummit
.
@TinneVdS
energy minister from Belgium saying that 🇧🇪 is not part of the "nuclear alliance" meeting arranged by France in the margin of Energy informal Council.
"I did not have received a formal invitation" said the minister.
At the Energy council today, commissionner
@KadriSimson
just confirmed that the
#taxonomy
complementary delegated act on nuclear and gas will be published « before the end of the year »
⚠️In a non paper seen by
@ContexteEnergie
the 🇪🇺 Commission details how decoupling electricity and gas prices could work. It could be an alternative to the iberian model. Here are the main quotes from it ⤵️ 1/n
For all those who refresh the EC consultation website every 3 sec. to know if the long-waited Electricity Market Reform has been uploaded... a ray of hope here 🕯️: the doc will be discussed next TUESDAY so IT WILL BE OUT THERE SOON 🤞
Letter by 🇩🇪🇩🇰🇫🇮🇳🇱🇱🇻🇱🇺🇪🇪 to call for caution on electricy market reform : « EU electricity market over the last decade has brought enormous benefits for the EU ». Minimal change asked !
🚨 LEAK - Commission's non paper on gas price cap proposes :
- to cap the price of gas in electricity generation at a level that helps bring down electricity prices without leading to overall increased gas consumption
- to set a maximum price on imports of gas from Russia
‼️LEAK‼️
@ContexteEnergie
publishes the options that the .
@EU_Commission
will put on the table as "food for thought" during the emergency Energy ministers council of the 9.09
At the 🇪🇺 Parliament, the committee for energy, industry and research (ITRE) is about to gain 12 members (from 78 to 90). A spectacular increase for
@EP_Industry
for this new mandate.
First negative reactions on Gas price cap :
« Commission is going to hear very tough things tomorrow from the vast majority of ministers » said 🇪🇸
@Teresaribera
She says :«We asked the Commission to bring a proposal and it comes up with this, which isn't a proposal, but a joke»
⚡️DEAL ON ETS ⚡️
The end of free quotas (in CBAM sectors) + entry into force of CBAM
👇
2025: 2,5% of CBAM quotas
2025: 5%
2028 : 10%
2029 :22,5%
2030 : 48,5%
2031:61%
2032 : 73,5%
2033 :86%
2034 : 100% CBAM (0% free quotas for CBAM sectors)
The agreement in trilogue on the « renewable energy » directive (RED) has just been adopted by a large majority in plenary. 1/2
Rapporteur :
@markuspieperMEP
🟢New draft delegated act defining green H2 :
H2 is labelled as green if (among other criterias) :
👉producers concluded renewable PPAs garanteeing that H2 is produced during the same quarter of year as the renewable electricity produced under the PPA (until 03.2028)
1/2
💥Energy prices💥 The Commission may present a new communication to tackle the energy crisis next week (possibly wednesday) - according to various sources.
⚠️Review of the JRC report on nuclear & taxonomy , by the 2 experts groups are now public. No strong oposition to the conclusions of the JRC which stated that nuclear could be included.
‼️ LEAK ‼️« We are proposing a Council Regulation [...] introducing a process for a binding demand reduction target, to be triggered at any moment in the next weeks or months » 👉 legislative proposal expected in latest draft of the 🇪🇺 plan, analysis to come in
@ContexteEnergie
.
@vonderleyen
announcing energy measures :
- reducing electricity demand at peak hours
- cap on revenue of certain Electricity producers
- solidarity contribution from fossile sector
1/
#SOTEU
❗️At the Next Extraordinary Energy Council, 24.11, expect 2 agreements ❗️
👉 1 agreement on the emergency measures (TTF corridor, gas purchase, etc)
👉 1 agreement on the acceleration of renewable permitting (presented yesterday)
A group of NGOs (Green10) sent a letter to president
@vonderleyen
stating they are "very concerned about the nomination of Wopke Hoekstra as Climate commissionner". 1/3
‼️ Extraodrinary Energy council should be held on Friday 9th of September ‼️
Expect price cap and market design to be at the agenda.
#EnergyCrisis
#EnergyPriceCap
(... et bonne rentrée...)
⚡️Energy crisis package of proposals to be announced on the 13th of september by the
@EU_Commission
- according to an EU official⚡️ (one day ahead of the State of the union speech)
👉CFD are the only public support scheme acceptable for investments in NEW power plants
👉CFD on existing assets are possible, the text details conditions that should help making sure they respect the level playing field.
👉Commission should make sure conditions are respected
#Fitfor55
👉 Eu ambassadors approved revised ETS. PL and HU expressed "reserves" and BU and BE abstained
🗓️Next steps
👉At the EP : vote in Envi committe on the 9.02, then plenary in April.
👉At the Council : formal approval by ministers after EP plenary vote (in May ?)
1/2
⚡️ETS DEAL⚡️
📌 Waste incineration included in ETS in 2028 (with derogationsuntil 2030) AND ONLY IF the commission issue a report in this sense
📌 No more split between private and commercial for the date when ETS to road and buildings (ETS 2) apply
📌 45 € max CO2 price on ETS2
‼️ Leak ‼️
@ContexteEnergie
got you the draft council regulation on electricy demand, electricity prices and solidarity contribution from the fossil fuel industry
⚡️Energy council ⚡️ Interesting atmosphere in the room as 🇩🇪 Robert Habeck wishes "happy birthday" to 🇫🇷 Agnès Pannier-Runacher... before stating that he will oppose to CFD being open to existing nuclear plants
(Robert, that is not a 🎁 for Agnès...)
Grand moment en 🇧🇪 : le parlement wallon vote en commission sur la présence d'💧 gratuite dans les restaurants.
Belle percée dans l'agenda politique d'un sujet éminemment controversé.👏
🚨 LEAK🚨Electricity market reform :
@ContexteEnergie
saw a draft non paper form the COMM explaining the « swift and targeted reform » in the pipelines 1/
🧐In the Final Version of the new Commission regulation to boost renewable, the new timeline to deliver permit for repowering of renewable energy power plants is set to❗️6 MONTHS ❗️ (instead of 1 year in a leaked version) 🧐
The text presented today :
Nuclear alliance declaration is out : the signatories wants to "intensify" the work of the alliance. They call the commission to "broaden of the h2 bank to low carbon h2" and to take full account of nuclear in 2040 climate target scenarios.
in
@EP_Industry
today, Mechthild Wörsdörfer, deputy director general of the
@EU_Commission
announced a
« targeted legislative proposal to review the renewable directive (RED II) provisions on permitting ». This should come along with the May package.
⚡️Electricity Market Design ⚡️
In a document sent to the 27 experts on « energy » ahead of their meeting of today, 🇪🇸 presidency tries to find a compromise on CfD and Capacity Mechanism. Severals options are listed.
1/5
👀 Suspense on the holding of the RED trilogue (scheduled on the 7.02) 👀
The rapporteur
@markuspieperMEP
has asked the Council and the Commission to cancel the meeting because of the absence of delegated acts to define Green hydrogen.
1/5
.
@ContexteEnergie
had a look to the draft proposal on energy crisis due to be presented tomorrow by the Commission. 👉 No iberian mecanism inside for the moment but it seems that the door is rather open for this solution if nothing else work.
A proposal of criteria to add nuclear and gas to the
#taxonomy
is circulating 👉 🇫🇷 and a bunch of other EU countries try to find a majority among member states to force the EU Commission's hand. More to come in
@ContexteEnergie
👀
As the
@Europarl_EN
is debating the
#Fitfor55
, MEPs are referring to an incredible pressure from lobbyists.
« Cessez d'être dans la main des lobbys » -
@pcanfin
to the
@EPPGroup
« Instead of reading emails of lobbyists, it's time to listen to young generations » says
@MChahim
🥳Next Extraordinary Energy council to be scheduled on the 24.11 - 🇨🇿 presidency just announced 🥳
Objective: adopt the measures proposed on the 18.10 by the Commission.
#Fitfor55
Environnement committee at the European Parliament just adopted the trilogue agreement on :
👉 revised ETS (57 in favour/13 against / 6 abstentions)
👉 CBAM (63 in favour/7 against)
"We are definitely late [when it comes to investing in nuclear] I wish we would not have seen such a decline of nuclear in Europe, but this event now is better than never", said Fatih Birol director of the international energy agency. 1/2
Vote on gas and nuclear in the taxonomy is starting in 5 mins at the EP. Such a crowded committee room ...long time not seen 🤩 Back to pre-covid life !
🚩Energy Council🚩
Informal Agreement on the 2 Regulations (on permitting + gas purchases) BUT ministers want a package-deal so the formal adoption will have to wait a political agreement on the TTF gas price CAP, later on
🚩New Energy Council probably on the 13.12🚩
⚡️Electricity market reform ⚡️
The mandate of
@nicogoncas
adopted by
@EP_Industry
will NOT have to be re-negotiated and voted in plenary.
The objeciton has been rejected in plenary
🟢366
🔴186
⚪️18
#Taxonomy
: For
@BasEickhout
labelling nuclear as taxonomy-aligned is « a pure political game played by France,with criteria written by France, benefitting France only »
⚡️LEAK - Electricity market reform⚡️
In the draft "general approach", 🇪🇸 presidency proposes to limit CFD to investments in "new" power-generating facilities. More details in
@ContexteEnergie
⤵️
1/2
‼️ Taxonomy ‼️ Now it's official : MEP to debate around 4pm on Tuesday in plenary on the objection to include gas and nuclear in the taxonomy + vote at 12 on Wednesday.
🍿Great Coreper day today🍿
👉 Expect Electricity market Design to be discussed around 10.30am
👉 RED in the afternoon (approx. 3pm), followed by Refuel Aviation
👉 Finishing with Nature restauration 🍪
🚨Gaz package new draft compromise of the Council🚨
New article added to the directive to allow Member States to take into account low-carbon hydrogen (produced by nuclear energy) in the calculation of the green H2 targets for industry + transport in the Renewable Directive 1/2
EU Commission president,
@vonderleyen
, wrote a letter to the 27 heads of state and governement confirming she'll propose a new revision of the state aids rules for renewable and clean technologies. Consultation ongoing with member states. Official text expected for January 2023
⚡️Energy crisis : According to Mario Draghi, the EU Commission will present a legislative proposal to the next EUCO on the 20th of october. This could include :
- something to bring the prices down
- an element of solidarity
- the start of a reform of the electricity market
🚨Swedish presidency of the Council prepare the debate on Electricity market reform (even without the Commission's consulation).
More in
@ContexteEnergie
Among the questions for member states 👇
1/2
🚨First tentative compromise on TTF from the Council Presidency (obtanined by
@IsabelleSmets
)🚨
- Cap at 264 Euros for 5 days
- TTF and LNG reference price spread still at 58 Euros but for 5 days
🤓Detail and analysis to come in
@ContexteEnergie
🤓
☢️☢️Nuclear alliance, round 2 ☢️
Bulgaria, Croatia, Finland, Hungary, Poland, Czech Republic, Romania, Slovakia and Slovenia participated to the meeting organised by 🇫🇷.
And Belgium, Italy and the Netherlands only « as observers ».
In an early version of the Commission working programme (obtained by the fabulous
@JeanComte
🥳 ) we learn that :
👉Reform of Electricity market is for the third quarter 2023
👉H2 bank might be a "legislative proposal" for the 3rd quarter 2023
Changes may occur until the 18.10
"Vous journalistes vous êtes deçus parce que pour vous un bon sommet c'est quand ça finit tard et qu'on s'engueule."
@alexanderdecroo
sitting with the press after
#EUCO
🚨 This weekend compromise on TTF gas price cap 🚨
👉Keeps the conditions for activation of the cap : price limit to trigger it at 220 €/MWh + only when the gap with an LNG reference price is 35€
👉NEW « a dynamic cap » is now set at 35€/MWh above LNG ref. price
1/3