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Market design for electricity – Comparing the US and EU | Fabien Roques
 
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Fabien Roques, professor at University Paris Dauphine and senior vice president at Compass Lexecon, explains why electricity is a special good (e.g. non-storability, variability of demand, etc.) and why the design of market rules is so relevant to foster efficient behaviours by market players. Different solutions for designing power markets and coordinating them with power system operation are possible. The EU and the US represent two interesting examples. The former has developed a model based on transmission system operators (TSO), self-dispatch, separate reserves procurement and zonal pricing. The latter relies in most of the cases on independent system operators (ISO), centralised dispatch, co-optimisation of reserves and nodal pricing. Both approaches have advantages and disadvantages, long debated by academics and practitioners. Nevertheless, it is likely that the US approach is more appropriate for an electricity system with more and more intermittent renewables.
Third Package of Internal Energy Market Legislation - Part 1  by Leigh Hancher
 
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Shaping the power grid business -- a joint initiative of Florence School of Regulation and Vlerick Business School Part 1 - Third Package of Internal Energy Market Legislation Video lecture by Leigh Hancher (Professor of European Law at Tilburg University and Director of the Law& Policy Area of Florence School of Regulation) for the FUTURE POWER GRID MANAGERS PROGRAMME. In this video lecture series Leigh Hancher gives an overview on the main elements of the Third Package of Internal Energy Market for the Liberalization of Gas& Electricity Markets in the European union. In the first part of her lecture series Leigh Hancher focuses on the difference between regulations and directives with the third package. Find more online teaching material of the FUTURE POWER GRID MANAGERS PROGRAMME here http://www.youtube.com/playlist?list=PLObuk3UYC3P19dhToHCheYJO_mfhOaXKQ Find more information on this executive training programme for power grid managers here: http://www.vlerick.com/powergrid Find more information on Florence School of Regulation www.florence-school.eu
Alberto Pototschnig | Electricity Markets: The Wholesale Markets
 
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Florence School of Regulation Video Lecture, March 2013 Alberto Pototschnig (Senior Adviser at FSR and Director of ACER) speaks about the functioning of wholesale electricity markets. Quick Overview This lecture touches upon the following topics: Wholesale electricity market, EU Internal Energy market, trading of electricity, power exchanges, auction-based trading, continuous bilateral trading, congestion management, implicit capacity allocation, market coupling. ***To properly view this lecture please make sure to modify the quality on the lower right corner to at least 720p*** http://fsr.eui.eu -- Music "I Could Use Time to Just Chill With You" by Ben Seretan is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License.
Third Package of Internal Energy Market Legislation - Part 2  by Leigh Hancher
 
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Shaping the power grid business -- a joint initiative of Florence School of Regulation and Vlerick Business School Part 2 - Third Package of Internal Energy Market Legislation Video lecture by Leigh Hancher (Professor of European Law at Tilburg University and Director of the Law& Policy Area of Florence School of Regulation) for the FUTURE POWER GRID MANAGERS PROGRAMME. In this video lecture series Leigh Hancher gives an overview on the main elements of the Third Package of Internal Energy Market for the Liberalization of Gas& Electricity Markets in the European union. In the second part of her lecture series Leigh Hancher explains the principle of third part access and the principle of unbundling. Find more online teaching material of the FUTURE POWER GRID MANAGERS PROGRAMME here http://www.youtube.com/playlist?list=PLObuk3UYC3P19dhToHCheYJO_mfhOaXKQ Find more information on this executive training programme for power grid managers here: http://www.vlerick.com/powergrid Find more information on Florence School of Regulation www.florence-school.eu
Business Model Canvas | Part 1, by Marion Debruyne
 
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An introduction to the Business Model Canvas, what it is and why it makes an ideal blueprint for business ventures. Part 1 of 3 Marion Debruyne is an Associate Professor and Partner at Vlerick Business School. Find more online teaching material of the FUTURE POWER GRID MANAGERS PROGRAMME here http://www.youtube.com/playlist?list=PLObuk3UYC3P19dhToHCheYJO_mfhOaXKQ Find more information on this executive training programme for power grid managers here: http://www.vlerick.com/powergrid Find more information on Florence School of Regulation www.florence-school.eu
Electricity Distribution Regulation in the UK (RPI-X), Michael Pollitt - Part 1
 
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Shaping the power grid business - a joint initiative of Florence School of Regulation and Vlerick Business School Part 1 - Electricity Distribution Regulation in the UK (RPI-X). Video lecture by Michael Pollitt (Assistant Director of the Energy Policy Research group, University of Cambridge) for the FUTURE POWER GRID MANAGERS PROGRAMME. In the first part of his video lecture series Michael Pollitt examines the business models for network companies, focusing on the electricity distribution regulation in the UK and describing the RPI-X incentive regulation system introduced in the UK in 1990. Find more online teaching material of the FUTURE POWER GRID MANAGERS PROGRAMME here http://www.youtube.com/playlist?list=PLObuk3UYC3P19dhToHCheYJO_mfhOaXKQ Find more information on this executive training programme for power grid managers here: http://www.vlerick.com/powergrid Find more information on Florence School of Regulation www.florence-school.eu ***To properly view this lecture please make sure to modify the quality on the lower right corner to at least 720p*** http://fsr.eui.eu
Third Package of Internal Energy Market Legislation - Part 3  by Leigh Hancher
 
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Shaping the power grid business -- a joint initiative of Florence School of Regulation and Vlerick Business School Part 3 - Third Package of Internal Energy Market Legislation Video lecture by Leigh Hancher (Professor of European Law at Tilburg University and Director of the Law & Policy Area of Florence School of Regulation) for the FUTURE POWER GRID MANAGERS PROGRAMME. In this video lecture series Leigh Hancher gives an overview on the main elements of the Third Package of Internal Energy Market for the Liberalization of Gas& Electricity Markets in the European union. In the third part of her lecture series Leigh Hancher focuses on the regulation of grids and the role of national regulatory authorities and the interrelationship between national and European law. Find more online teaching material of the FUTURE POWER GRID MANAGERS PROGRAMME here http://www.youtube.com/playlist?list=PLObuk3UYC3P19dhToHCheYJO_mfhOaXKQ Find more information on this executive training programme for power grid managers here: http://www.vlerick.com/powergrid Find more information on Florence School of Regulation www.florence-school.eu
Case Example on Energy Markets: the UK Power Market by Steve Thomas
 
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Video lecture Case Example on Energy Markets: the UK Power Market Florence School of Regulation Video Lecture Steve Thomas, Professor of Energy Policy and Director of Research PSIRU, University of Greenwich
Dynamics of renewable entry into electricity markets | Thomas - Olivier Leautier
 
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Thomas, professor at Toulouse School of Economics and director of EDF corporate university, explains how the massive deployment of renewable energy resources has impacted the European electricity sector in the last decade. The correlation between electricity demand and the availability of renewable energy (e.g. wind and sunlight) is particularly relevant to understand how the deployment of renewable generation capacity affects the generation mix of an electricity system. Similarly, the policy mechanism put in place to incentivise the generation of electricity from renewables can lead to severe distortions in the way power markets work. An excessive frequency of negative prices for power is a relevant case in point. The introduction of a financial dispatch insurance instead of feed-in tariffs or feed-in premiums could be a good solution to the problem of negative prices, because it could reconcile support for renewables with an efficient functioning of energy markets. For more info look at the research paper: Do costs fall faster than revenues? Dynamics of renewable entry into electricity markets (Green and Léautier, 2015). Link to the research paper: http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.697.4750&rep=rep1&type=pdf
Pippo Ranci | Energy Regulation Theory and Practice
 
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Florence School of Regulation Video Lecture, April 2013 Pippo Ranci (Principal Adviser at FSR and Professor at Catholic University Milan) speaks about energy regulation in theory and practice. Quick Overview This lecture touches upon the following topics: Competition and regulation in markets, from monopoly to competition, structural reform of existing companies, unbundling, (transformation or set-up) of regulatory institutions. ***To properly view this lecture please make sure to modify the quality on the lower right corner to at least 720p*** http://fsr.eui.eu -- Music "I Could Use Time to Just Chill With You" by Ben Seretan is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License.
The crisis in California’s deregulated electricity markets | Steven Weissman
 
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Steven Weissman is a Professor at University of California at Berkeley, Goldman School of Public Policy in the United States. He is an expert on the California energy crisis 2000-2001 and it's consequences for markets. In this video recording during the FSR Summer School on EU Energy Law & Policy: Public Intervention in European Energy Sector 2016, Steven summarises the crisis and explains its significance and relevance today. http://fsr.eui.eu/training/energy/summer-school-eu-energy-law-policy/
Taxes and climate policy in Sweden | Susanne Akerfeldt
 
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FSR.EUI.eu Susanne Akerfeldt, Senior Advisor, Swedish Ministry of Finance, talks about taxes and climate policy in Sweden. Interview by Christoph Graf, Research Assistant, FSR Climate/EUI Interviews recorded at the Florence School of Regulation conference 'Energy/Carbon Taxation and Climate Policies: A Scoping Meeting for FSR Climate'. Organiser: Xavier Labandeira | Director, FSR Climate/EUI 12 December 2014
EMIN | Erasmus Mundus Joint Master in Economics and Management of Network Industries
 
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More info: http://web.upcomillas.es/estudios/estu_mast_emin.aspx APPLICATION TO THE MASTER 2015-2017 • Open: from November 20th 2014 to January 16th 2015. • Candidates applying for admission in EMIN must hold a degree in Engineering, Economics or Management. EMIN is a joint program of 120 ECTS (two years) delivered by some of the most prestigious universities in Europe in these areas: Comillas University in Madrid (Spain), the Technical University of Delft ( Netherlands), and the University Paris-Sud 11 (France). http://www.upcomillas.es/en/ http://www.tudelft.nl/en http://www.u-psud.fr/en/index.html During the fourth semester, students will be able to undertake a professional internship and carry out the Master’s Thesis in one of the many partner companies, featuring top industry players in the world. Alternatively, they may enjoy a research stay in one of EMIN academic partners in Europe (KU Leuven, Florence School of Regulation), USA (Johns Hopkins University, U. Texas at Austin, Berkeley Lab), Brazil (U. Federal de Rio de Janeiro), and China (Harbin Institute of Technology) http://www.kuleuven.be/english http://fsr.eui.eu/Home.aspx http://www.jhu.edu/ http://www.lbl.gov/ http://www.ufrj.br/ http://en.hit.edu.cn/ Students that appear in the video: Balderston, Henry Peter (Australia) Gentzoglanis, Emmanuella (Canada) George Wadie Barsoum, Irene (Egypt) Morínigo Veiluva, Luis Eduardo (Paraguay) Thompson, Andrew (USA) Zhao, Quanyu (China)
Exclusive! Borchardt (EU Commission) | My 2018 resolutions for the EU energy market
 
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A comprehensive view on the EU energy future from the EU Commission Director for internal energy market. In an exclusive interview with the Head of FSR Gas area, Ilaria Conti, Klaus-Dieter Borchardt reveals his thinking on the real challenges ahead for the EU energy market and the next moves by the EU Commission in 2018 and 2019. Future role of gas: “I do not understand people saying that gas can only be a bridging fuel for renewables; if that was true, I’d have to stop immediately any public funding for gas pipelines” “Under the current situation, you may get to 50% renewable share in the whole system. How do you fill the rest? For me, that is the role of gas, the future role of gas”. Gas Network Codes: “We (the Implementation Monitoring Group: EU Commission, ACER, ENTSOG) - we will keep a very very close eye on implementation of the Network Codes”
Offshore Energy Infrastructure | Tim Schittekatte
 
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Florence School of Regulation topic of the month September 2016 http://fsr.eui.eu/offshore-energy-infrastructure/ Tim Schittekatte, Research Associate at Florence School of Regulation, introduces Offshore Energy Infrastructure, the FSR topic of the month and a rapidly developing and expanding source of renewable energy in Europe. What is the current situation and what difficulties are faced? Photo credit: Gunfleet Sands Offshore Wind Farm by Tim Sheerman-Chase https://www.flickr.com/photos/tim_uk/9423483084/ CC Creative Commons Attribution 2.0 Generic https://creativecommons.org/licenses/by/2.0/
Electricity Distribution Regulation in Great Britain (RIIO), Michael Pollitt - Part 2
 
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Shaping the power grid business - a joint initiative of Florence School of Regulation and Vlerick Business School. Part 2 - Electricity Distribution Regulation in Great Britain (RIIO). Video lecture by Michael Pollitt (Assistant Director of the Energy Policy Research group, University of Cambridge) for the FUTURE POWER GRID MANAGERS PROGRAMME. In the second part of his video lecture series Michael Pollitt focuses on the recent developments in the regulation of electricity distribution companies in Great Britain, describing the change, in 2010, of the RPI-X incentive regulation system into the RIIO system of regulation. Find more online teaching material of the FUTURE POWER GRID MANAGERS PROGRAMME here http://www.youtube.com/playlist?list=PLObuk3UYC3P19dhToHCheYJO_mfhOaXKQ Find more information on the executive training programme for power grid managers here: http://www.vlerick.com/powergrid Find more information on Florence School of Regulation www.florence-school.eu ***To properly view this lecture please make sure to modify the quality on the lower right corner to at least 720p*** http://fsr.eui.eu
Introducing Florence School of Regulation at European University Institute
 
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The FSR's objective is to expose the European dimension to regulatory topics and to contribute to the safeguarding of the common good of Europe by ensuring high-level and independent debate and research on economically and socially sound regulation. The FSR focuses on the regulation of the Energy sector (electricity and gas) -- with also a special focus on EU Energy Law, the regulation of the Communications & Media sectors (since 2009), the regulation of the Transport sectors (since 2010) and the regulation of the Water sectors (since 2014). The FSR provides a European forum where academics and practitioners can meet and share their views and knowledge. It does this by: providing state-of-the-art training and encouraging knowledge sharing with the most up-to-date tools, organising workshops, conferences, seminars and executive seminars that deal with key regulatory issues, promoting international networking through knowledge and practice exchange, producing analytical and empirical research in the field of regulation. FSR.EUI.EU
The new EU Regulation REMIT by Alberto Pototschnig | FSR Monthly Interview
 
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"The new EU Regulation on wholesale Energy Market Integrity and Transparency (REMIT)" by Alberto Pototschnig December 2012 Whilst taking part in the FSR Workshop on 'REMIT: A New Market Surveillance Framework for the EU Energy Market', Director of ACER, Mr. Alberto Pototschnig, took the time to answer a few questions about the new EU Regulation on wholesale Energy Market Integrity and Transparency (REMIT). Florence School of Regulation interviews leading experts of the European energy world on hot energy topics at the beginning of each month. http://fsr.eui.eu Interviewer: Magdalena Mos, FSR Training Coordinator
The European Gas market at a crossroads | Walter Boltz
 
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Author: Walter Boltz ( Executive Director E-Control, and Vice Chair Acer's Regulatory Board) Category: FSR webinar recording Level: advanced Date of release: June 2013 This is a recording of webinar held on 22 May 2013, moderated by Magdalena Mos (FSR Training Coordinator) Walter Boltz speaks about timely issues of the European Gas Markets. He discusses the role gas should play in the European energy market, as, for example, considered in the EU Energy Roadmap 2050 for reaching a low carbon energy system. Price developments however make the future role of gas uncertain: European gas markets seem to be at a crossroads. Walter Boltz looks at the changing landscape of global gas trade and the impacts of the shale gas revolution in the US. Gas will also play a different role in the power production in the future. His main questions is: what can we do to secure the position of gas? To know more on the Gas Target Model see as well the recorded webinar of Jean-Michel Glachant on the Gas Target Model: http://fsr.eui.eu/Publications/VIDEO/Webinar/2012/120313-WR-Glachant.aspx Read more on the Gas Target Model proposed by Florence School of Regualtion Working paper : http://fsr.eui.eu/Publications/WORKINGPAPERS/Energy/2011/WP201138.aspx Policy Brief: http://fsr.eui.eu/Publications/POLICYbrief/Energy/2011/PB201107.aspx Do you need an introduction to the EU gas infrastructure? Have a look at the introductory video lecture on how EU is involved in developing a European gas infrastructure by Mark van Stiphout (Member Cabinet Commissioner Oettinger, EC): http://www.youtube.com/watch?v=WnqTpGN_75I&list=PLObuk3UYC3P1Hi5m4CfhGBevhjQuPCEIK&index=1 http://fsr.eui.eu -- Music "I Could Use Time to Just Chill With You" by Ben Seretan is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License.
Development of European Energy Infrastructure Projects by Jean Arnold Vinois | FSR Monthly Interview
 
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[This video reflects the views only of the author, and the European Commission cannot be held responsible for any use which may be made of the information contained therein.] Release date:June 2013 EU Energy Policy by Jean-Arnold Vinois | FSR Monthly Interview Jean-Arnold Vinois is Honorary Director of DG Energy. During the spring of 2012, he spent a month at the Florence School of Regulation to discuss and contribute to ongoing research. In this interview, Leonardo Meeus asks Mr Vinois about the development of Energy Infrastructure Projects in the light of the recently published regulation on Trans European Energy Networks, completing a process that started with the Priority Interconnection Plan in 2007. Interviewer: Leonardo Meeus, Part-time Professor, FSR Florence School of Regulation interviews leading experts of the European energy world on hot energy topics at the beginning of each month. http://fsr.eui.eu
Executive Course to master Electricity Markets
 
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http://fsr.eui.eu/ The 2016 edition of the Florence School of Regulation's Executive Course to master Electricity Markets ran on the 18 & 19 January. Florence School of Regulation presents a new two-day course which will provide you with deep insight into the world of electricity markets. The FSR’s new 2-day Executive Course to master Electricity Markets discusses the micro-economics of wholesale power markets and their implications for energy policies. The course illustrates the efficiency properties of markets as well as their limitations. It covers the short-term dispatch, the long term supply and demand balance. Environmental policies and their impact on electricity markets will also be examined. Come to the Florence School of Regulation and find answers to these burning questions: What are the efficiency properties of electricity markets and their limitations? How should we manage congestion on the transmission network? What is the purpose of capacity mechanisms? How should we best design them? What is the impact of renewables on electricity markets in the short-term and the long-term? How should we design electricity markets to achieve multiple policy objectives? The course is conducted by: Thomas-Olivier Léautier ( Toulouse School of Economics, University of Toulouse Graduate School of Management, France) Fabien Roques (Compass Lexecon, University Paris Dauphine, France)
Demand response in the European electricity markets │Frauke Thies (Executive Director, SEDC)
 
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Nicolò Rossetto (FSR) interviews Frauke Thies (Smart Energy Demand Coalition) about demand participation and demand response in energy markets. Several questions are addressed. What is implicit demand response? And the explicit one? Why are they so relevant for the electricity system of the future? What are the barriers that hinder their uptake in the European markets? Finally, what should European legislators and regulators do to promote them?
Laszlo Varro | The electricity network in a low carbon energy system
 
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This recording was published in the build up to the online debate, 'The Potential of Distributed Energy Resources to Tackle Climate Change', on 6 June 2016. For more information and other videos, visit: http://fsr.eui.eu/event/potential-distributed-energy-resources-tackle-climate-change/ Laszlo Varro is the Chief Economist at the International Energy Agency (IEA)
Exclusive! Borchardt (EU Commission) | From the latest Madrid Forum to the next Gas Package
 
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http://fsr.eui.eu/gas One year after the first FSR interview with Klaus-Dieter Borchardt (DG ENER Deputy DG, European Commission), Ilaria Conti (Head of FSR Gas Area) returns to Brussels for an update. The discussion starts with an assessment of the novelties brought by the latest Madrid Forum. As the negotiations on the Clean Energy Package are approaching the end, the Forum focused on the changes that are needed in the gas sector in 2030 and even 2050 perspective. Director Borchardt begins by pointing out that the achievement of the 2050 targets requires the contribution from other sectors such as industries, transport and buildings. Moreover, the decarbonisation of the EU economy cannot rely on one energy source and, for this reason, the Commission believes that renewable and low carbon gas will have a significant role in the coming years. In the second part of the interview, Klaus-Dieter Borchardt gives an overview of the studies announced by the European Commission at the latest Madrid Forum. One of the key novelties is that some tasks have been distributed among the organisations participating in the Forum. Finally, as the coming months will be decisive for the final version of the Commission’s proposal and potentially, for the role of gas in the long-term, Director Borchardt concludes by identifying the main chapters of the 2020 gas package: institutional, upgrading the gas market and sector coupling.
The EU Emission Trading Scheme (ETS) | Fabien Roques
 
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Fabien Roques, professor at University Paris Dauphine and senior vice president at Compass Lexecon, describes the European Union Emission Trading Scheme and its evolution since its inception in 2005 (GHG covered, countries and sectors involved, prices, etc.). The significant oversupply emerged since 2009-10 led to a reform of the scheme, first with the introduction of back-loading and then with the establishment of a market stability reserve.
Market Monitoring in the US energy market by Frank Wolak | FSR Monthly Interview
 
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Market Monitoring in the US energy market: the case of California by Frank Wolak | FSR Monthly Interview April 2013 Frank Wolak is the Holbrook Working Professor of Commodity Price Studies in the Department of Economics at Stanford University, the founder of the economics of market surveillance, and the Chairman of the Market Surveillance Committee of the California Independent System Operator for electricity supply industry in California. Jean-Michel Glachant asks Frank Wolak about what he has learned from market surveillance in California and if it can be applied at a continental level. Filmed at The Economics of Energy Markets Conference, organised by the Toulouse School of Economics, Toulouse, France. Interviewer: Jean-Michel Glachant, Director of FSR, holder of LdP Chair Florence School of Regulation interviews leading experts of the European energy world on hot energy topics at the beginning of each month. http://fsr.eui.eu
Capacity mechanisms and the internal energy market: Legal issues | Malgorzata Sadowska
 
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Author: Malgorzata Sadowska | FSR Category: FSR webinar recording Level: intermediate Date of release: December 2014 Recorded on 17th December 2014 How does EU law treat capacity mechanisms? A number of European countries are concerned about the security of their electricity supply and set up capacity mechanisms to encourage investment in new generation or support existing and less profitable conventional power plants. The European Commission closely examines these state-driven measures under EU law, as their uncoordinated implementation across Europe might have negative effects on the increasingly interconnected energy markets and thwart EU energy policy objectives. What restrictions can the EU law impose on capacity mechanisms to minimise the distortions of the internal energy market? Can state aid, competition policy and internal market rules work? http://fsr.eui.eu/Events/ENERGY/Webinar/2014/141217SadowskaWebinar.aspx This is a recording of webinar held on 17th December 2014, moderated by Riccardo Galletta | Florence School of Regulation -- Music "I Could Use Time to Just Chill With You" by Ben Seretan is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License.
Laurens de Vries | The Electricity Market Game
 
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Laurens de Vries is an Associate Professor at the Faculty of Technology, Policy and Management of Delft University of Technology. He teaches at the how energy markets work using "The Energy Market Game" which sets teams against one another in a race to buy and sell electricity. For more information about the Florence School of Regulation's Annual Training on the Regulation of Energy Utilities and other courses from the link below. http://fsr.eui.eu/training/energy/
Paradigm Shift in EU State Aid Control
 
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Florence School of Regulation Video Lecture (June 2013) Nicole Ahner, Legal Advisor, Florence School of Regulation In this video lecture Nicole Ahner, recently appointed Legal Advisor to the Florence School of Regulation, discusses the concepts of state aid and state resources in relation to the case of exemption of the energy intensive industries from the obligation of paying network charges when meeting the threshold of 7.000 hours of use and 10 GWH of energy consumption. This case is analysed in the light of the Regulation on Network Charges in Germany amended in 2011, and the different positions and arguments of the European Union and the German government are illustrated. ***To properly view this lecture please make sure to modify the quality on the lower right corner to at least 720p*** http://fsr.eui.eu
The Agency for the Cooperation of Energy Regulators -Part 1 by Alberto Pototschnig
 
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Shaping the power grid business -- a joint initiative of Florence School of Regulation and Vlerick Business School Part 1 - The Agency for the Cooperation of Energy Regulators (ACER) Video lecture by Alberto Pototschnig (Director ACER and senior Advisor at Florence School of Regulation) for the FUTURE POWER GRID MANAGERS PROGRAMME. In this video lecture series Alberto Pototschnig gives an insight on the Agency for the Cooperation of Energy Regulators ( ACER)- the agency of the European Union established through the third energy package. In the first part of his lecture series Alberto Pototschnig focuses on the governance structure of the Agency. He describes how the agency works, its role within the European Union and the contribution of National Regulatory Authorities to the work of ACER. Find more online teaching material of the FUTURE POWER GRID MANAGERS PROGRAMME here http://www.youtube.com/playlist?list=PLObuk3UYC3P19dhToHCheYJO_mfhOaXKQ Find more information on this executive training programme for power grid managers here: http://www.vlerick.com/powergrid Find more information on Florence School of Regulation www.florence-school.eu
Getting European Electricity Transmission Infrastructure Financed | Arthur Henriot
 
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Author: Arthur Henriot (Research Assistant, Florence School of Regulation) Category: FSR webinar recording Level: advanced Date of release: May 2013 This is a recording of webinar held on 7 May 2013, moderated by Magdalena Mos (FSR Training Coordinator) Arthur Henriot presents the results of his research on the financing of the European Electricity Transmission Network. He questions the ability of European electricity TSOs to achieve unprecedented capital expenditures, given their current financial situation. He identified a significant financing gap in case of a steady increase in tariffs, wonders what would be the costs for users to meet the whole investment program, and assesses the potential for alternative financing strategies to dampen the impact on transmission tariffs. The learning objectives of the webinar are: - To understand the nature of the financing challenge for European electricity TSOs, - To analyse the impact of significant volumes of investment on the long-term financial sustainability of TSOs, - To reflect on the potential for a set of alternative financing strategies to dampen the impact on costs for network users. To read more on the topic download the working paper http://fsr.eui.eu/Publications/WORKINGPAPERS/Energy/2013/WP201327.aspx or the related policy brief http://fsr.eui.eu/Publications/POLICYbrief/Energy/2013/PB201303.aspx Register for our upcoming webinars http://tinyurl.com/FSR-UpcomingWebinars http://fsr.eui.eu -- Music "I Could Use Time to Just Chill With You" by Ben Seretan is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License.
Market equilibrium with externalities | Fabien Roques
 
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Fabien Roques, professor at University Paris Dauphine and senior vice president at Compass Lexecon, presents the economic theory of externalities and how they impact market equilibria. The effect on social welfare by negative externalities like pollution is described. Two solutions have been proposed to address the problems arising from negative externalities: taxation and cap-and-trade. Both solutions have advantages and disadvantages, in particular in terms of practical implementation. Nevertheless, they represent the theoretical basis for the main climate policy tools in place today (emission trading scheme and carbon tax).
Financing and accessing new gas infrastructure capacity by Sergio Ascari
 
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Video lecture Financing and accessing new infrastructure capacity Florence School of Regulation Video Lecture (March 2013) Sergio Ascari, Gas Advisor, Florence School of Regulation In this video lecture Sergio Ascari discusses the need for new and enhanced gas infrastructure in Europe as well as the question how this infrastructure could be financed and access to it organised. ***To properly view this lecture please make sure to modify the quality on the lower right corner to at least 720p*** http://fsr.eui.eu
Electricity Distribution: C. Buchel (EDSO) on new challenges for Distribution System Operators
 
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New challenges for electricity Distribution System Operators with Christian Buchel | Vice Chairman, EDSO for Smart Grids The increasing deployment of distributed energy resources leads to significant changes in the planning and operation of power systems. In this video, Christian Buchel talks about the new challenges for electricity DSOs in this changing environment. Christian Buchel is Vice Chairman of the European Distribution System Operators' Association for Smart Grids. Interviewer: Sophia Ruester, Research Fellow at the Florence School of Regulation, EUI In case you wish to follow our monthly interview series, please subscribe to our Youtube channel. Florence School of Regulation is a centre of research, debate and training on EU energy and climate policy at the European University Institute. www.Florence-school.eu
Seams, ancillary services, and congestion management: US versus EU electricity markets
 
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http://fsr.eui.eu/stitching-seams-different-threads-us-experience/ Professor Ross Baldick from the University of Texas at Austin presents his October 2016 Topic of the Month for the Florence School of Regulation. He will address questions as the following ones: what “threads” are the US and the EU using to stitch the seams existing between the various electricity markets? What are the effects of this choice on the integration of renewables? What are the principles inspiring the procurement of ancillary services on the two sides of the Atlantic? And, finally, how is congestion management implemented?
Regulation of the Power Sector, edited by Ignacio J. Pérez-Arriaga
 
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Florence School of Regulation interview Ignacio Pérez-Arriaga about the highly anticipated new book 'Regulation of the Power Sector', published by Springer London Ltd. http://www.bookdepository.com/Regulation-Power-Sector-Ignacio-Perez-Arriaga/9781447150336 Interview by Annika Zorn, Coordinator, FSR Florence School of Regulation Robert Schuman Centre for Advanced Studies European University Institute
From Distribution Networks to Smart Distribution Systems, THINK Topic 12
 
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Does existing regulation of DSOs need to be reviewed in its full spectrum? What are the key areas of DSO regulation and needed changes for DER integration? What role for the EU to encourage good regulatory practice? Download the related Report and Policy brief here: http://www.eui.eu/Projects/THINK/Research/Topic12.aspx THINK T12 -- June 2013 Video introduction for the THINK Report and Policy Brief 'From Distribution Networks to Smart Distribution Systems: Rethinking the Regulation of European Electricity DSOs' Project Leader -- Ignacio J. Pérez-Arriaga Project Team Leader -- Sophia Ruester Project Team -- Sebastian Schwenen, Carlos Batlle, and Jean-Michel Glachant THINK Florence School of Regulation Robert Schuman Centre for Advanced Studies European University Institute
Jacques de Jong | Restructuring the EU Energy Infrastructure
 
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Florence School of Regulation Video Lecture, March 2013 Jacques de Jong (Senior Fellow at CIEP) speaks about the process of liberalisation of the EU energy market over the past decade and the new challenges for the EU Internal Energy Market. Quick Overview This lecture touches upon the following topics: Restructuring EU energy industry, third energy package, energy market liberalisation, unbundling, ENTSOs, framework guidelines and network codes, EU market integration, cross-border cooperation, market and price coupling, gas entry exit zones, investment in infrastructure, TYNDP, security of gas supply, energy roadmap 2050. ***To properly view this lecture please make sure to modify the quality on the lower right corner to at least 720p*** http://fsr.eui.eu -- Music "I Could Use Time to Just Chill With You" by Ben Seretan is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License.
Judicial Activism and Judicial Control of Agency Action | Interview Justice Barroso
 
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In an exclusive interview with the Coordinator of the Online Course on Regulatory Delivery, Lucila de Almeida, Justice Luís Roberto Barroso, Minister of the Brazilian Supreme Court, speaks about the limits to the judicial control of regulatory agencies’ decisions. In a brief interview, Justice Barroso explains the distinction of judicialization and judicial activism, and why the latter is problematic when courts interfere in administrative decisions concerning the technical discretion of agencies or public policies. Justice Barroso also expresses his opinion about the high number of lawsuits in Brazilian Courts, which leads to a high number of injunctions. The adverse effect is, therefore, the suspension of regulatory agencies’ decision by injunctions without thoroughly balancing the legal criteria of this precautionary remedy and the presumption of validity of administrative decisions.
MEDGRID by André S. Merlin
 
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André S. Merlin (Executive President MEDGRID and former president of ETSO) speaks about the MEDGRID project, an industrial project planned in North Africa, which aims to promote and develop a Euro-Mediterranean electricity network. Find out more on MEDGRID at http://www.medgrid-psm.com/en/ Florence School of Regulation interviews leading experts of the European energy world on hot energy topics at the beginning of each month. Have a look at our monthly interview series here http://www.youtube.com/playlist?list=PL6D1C0A2662240290 http://fsr.eui.eu
Unlocking energy efficiency in transport | Andreas Schäfer, University College London (UCL)
 
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FSR.EUI.eu Andreas Schäfer, Professor at University College London, shares his views on unlocking energy efficiency in transport. Interview by Stefano Verde, Research Assistant, FSR Climate/EUI Interviews recorded at the Florence School of Regulation conference 'Energy Efficiency and Climate Policies: A Scoping Meeting for FSR Climate. Organiser: Xavier Labandeira | Director, FSR Climate/EUI 7 November 2014
Quo Vadis EU gas market? | Markus Backes (EU Commission)
 
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Quo Vadis EU gas market? Network Codes, security of demand, convergence with the electricity sector. A chat between Markus Backes (EU Commission) and Ilaria Conti (Head of FSR Gas area) on current and upcoming challenges for the EU gas market. Recorded at the FSR Workshop “The end of the long-term contracts era: which consequences for the EU Gas Market?” 19 May 2017, Florence, Italy http://fsr.eui.eu/event/end-long-term-contracts-era-consequences-eu-gas-market/
FSR teams up with ANEEL Brazilian Regulator to support energy transition
 
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On the 10th of November 2017, the Florence School of Regulation signed a Memorandum of Understanding with the Brazilian Electricity Regulatory Agency (ANEEL), to mark the beginning of a partnership between the two organisations. The cooperation will focus on knowledge exchange via facilitation of research and training on the various electricity regulation topics such as electric storage connected to transmission and distribution grids; demand response; capacity markets; integration of electricity markets on a regional level and integration of renewable energies. This long-term partnership with ANEEL will aid Brazil in its transition to a sustainable energy system as well as take the Brazilian energy transition story to the world.
EU Emission Trading Scheme by A. Denny Ellerman | FSR Monthly Interview
 
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EU Emission Trading Scheme by A. Denny Ellerman October 2012 Florence School of Regulation interviews leading experts of the European energy world on hot energy topics at the beginning of each month. http://fsr.eui.eu Interviewer: Magdalena Mos, FSR Training Coordinator
The Agency for the Cooperation of Energy Regulators - Part 3 by Alberto Pototschnig
 
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The Agency for the Cooperation of Energy Regulators -Part 3 by Alberto Pototschnig Shaping the power grid business -- a joint initiative of Florence School of Regulation and Vlerick Business School Part 3 - The Agency for the Cooperation of Energy Regulators (ACER) Video lecture by Alberto Pototschnig (Director ACER and senior Advisor at Florence School of Regulation) for the FUTURE POWER GRID MANAGERS PROGRAMME. In this video lecture series Alberto Pototschnig gives an insight on the Agency for the Cooperation of Energy Regulators ( ACER)- the agency of the European Union established through the third energy package. In the third and final part of his lecture series Alberto Pototschnig outlines the priorities of the Agency in 2013 and 2014. Find more online teaching material of the FUTURE POWER GRID MANAGERS PROGRAMME here http://www.youtube.com/playlist?list=PLObuk3UYC3P19dhToHCheYJO_mfhOaXKQ Find more information on this executive training programme for power grid managers here: http://www.vlerick.com/powergrid Find more information on Florence School of Regulation www.florence-school.eu
The Renewable Gas Complex and the European Path to Decarbonisation
 
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The Workshop organized by the Florence School of Regulation took place on the 9th of April 2018 in Florence. It aimed at assessing the renewable gas complex and the path to energy sector decarbonisation, analyzing the production value-chains, and discussing the scope of policy and regulatory interventions in support of the widespread use of renewable gas. The workshop concluded with developing some policy recommendations for achieving energy sector decarbonisation quickly and efficiently. Andris Piebalgs (Florence School of Regulation / RSCAS / EUI) and Albert Bressand (University College London), who jointly chaired the meeting in Florence, share with us their thoughts and the main findings flowing from the Workshop.
2030 Framework on Climate and Energy - Connie Hedegaard | European Commissioner for Climate Action
 
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Q1. 00:14 New targets and new approach: what is the benefit for Europe? Q2 04:50 Redesigning EU ETS: how is it going to work? Q3 7:06 What will be the role of Europe in international climate agreements? In this interview Connie Hedegaard, European Commissioner for Climate Action, expresses her views on the 2030 Framework on Energy and Climate, which proposes different targets and approach with respect to the previous 2020 package. The final objective still remains to fight climate change, while at the same time ensuring European Union's energy independency and economic results in terms of job creation and innovation. Interviewer: Riccardo Galletta | Research Assistant, Florence School of Regulation, EUI Florence School of Regulation is a centre of research, debate and training on EU energy and climate policy at the European University Institute. www.Florence-school.eu
Scholarship award in memoriam of Ana Aguado: an interview with the two winners of the 2018 edition
 
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Nicolò Rossetto (FSR) interviews the two winners of the 2018 Scholarship in Memoriam of Ana Aguado, Géraldine de Decker from Belgium and Andrés Souza from Mexico. As a part of the scholarship (sponsored by Bernard Energy, EDSO for Smart Grids, ENTSO-E, EURELECTRIC and FSR) Géraldine and Andrés attended the FSR Summer School on the Regulation of Energy Utilities. During the interview, they emphasized the quality of the training and stressed the benefit of connecting with well-known academics and practitioners from around the world to gain insights and to exchange views and best practices. This element of the course is particularly relevant for young professionals, like the recipients of the scholarship, who have just started their career in the sector.
What's in the GDPR? | Hielke Hijmans
 
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The new European Data Protection Regulation (GDPR), which came into force on 25 May 2018 across all EU Member States, has overhauled the EU data protection framework, harmonizing data privacy laws throughout Europe and placing the rights of the individual to data privacy at the forefront of the measures. In this video, Hielke Hijmans from the Centre for Information Policy Leadership and Brussels Privacy Hub introduces the key terms of the new regulation. If you want to see what the GDPR means for the energy sector, see our webinar video here: https://www.youtube.com/watch?v=B_OmAg9nOVI
Internal Energy Market and electricity system with Inge Bernaerts
 
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Shaping the power grid business -- a joint initiative of Vlerick Business School and Florence School of Regulation. Interview with Inge Bernaerts (Head of Unit, Internal Market II: Wholesale markets, electricity & gas, DG ENER, European Commission) for the FUTURE POWER GRID MANAGERS PROGRAMME -- Module 1. Interviewer: Annika Zorn (Coordinator Florence School of Regulation). Inge Bernaerts speaks about the major challenges the electricity system is currently facing, the future role and accountability of TSOs. She also gives an estimate on where we stand with the efficient and fair functioning of the wholesale electricity market. Inge also gives an outlook on the work her unit will be doing over the next year. Recommended reading for the interview: - Communication from the Commission to the European Parliament, the Council, The European Economic and Social Committee and the Committee of the Regions "Making the internal energy market work": http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2012:0663:FIN:EN:PDF Find more information on this executive training programme for power grid managers here: http://www.vlerick.com/powergrid more information on Florence School of Regulation www.florence-school.eu find more online teaching material of the FUTURE POWER GRID MANAGERS PROGRAMME here http://www.youtube.com/playlist?list=PLObuk3UYC3P19dhToHCheYJO_mfhOaXKQ