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Making the third package work in practice Wolfgang Urbantschitsch, E-Control Bucharest, 24 October 2008 Hot issues of the 3rd package Unbundling: three equivalent models to separate interests – how will the ITO model work in reality? Level playing field – will there be one with three available, quite different models? Clarify who does what - especially between Cion, Agency and the ENTSOs How to make the whole legislation consistent in the remaining time? Considerable practical divergencies in the process adopting codes – how to reconcile the positions and strengthen the new institutions? GIE Annual Conference, 24 October 2008 2 Many open political issues still...some examples Legal quality of the 10 year investment programmes binding or non binding Who starts the process of framework guidelines EC or Agency Adoption of codes EC or Agency Consultation ENTSO or Agency Monitoring of implementation ENTSO or Agency Enforcement Agency or NRAs or EC GIE Annual Conference, 24 October 2008 3 Timetable – if everything goes well Q1 2009 3rd Package Adopted Q2 2010 Agency operational GIE Annual Conference, 24 October 2008 Q1 2011 ENTSOs in place 2012? First codes 4 Implementing the 3rd Energy Package Close cooperation between Agency and ENTSOs is necessary Involvement of other stakeholders has to be guaranteed The energy regulators are consulting on Work timetable and future stakeholder involvement with the Agency Developing Framework Guidelines and prioritising Network Codes The coordination of regional and national issues Consultation opened on 21 October and closes 31 December 2008 GIE Annual Conference, 24 October 2008 5 Consultation Paper I Agency Consultation by the Agency and the ENTSOs Role of the stakeholders Accountability Framework Guidelines and Codes Nature of framework guidelines and codes Priorities and Grouping Capacity allocation calculation and congestion management Transparency rules Balancing rules including transparency provisions on balancing ERGEG will develop guidance on 10 year investment plan Storage and LNG GIE Annual Conference, 24 October 2008 6 Consultation Paper II Regional considerations Single European energy market as ultimate goal Regional Initiatives are essential steps towards the common market Jurisdiction at national or EU level only Greater co-operation between TSOs and NRAs needed GIE Annual Conference, 24 October 2008 7 Conclusions Close co-operation between ERGEG and GTE+ (ENTSO-E) Effective involvement of stakeholders in the process Starting early is important for progress Preparatory work in the period from adoption to formal implementation of 3rd Package can be used by Agency and ENTSOs as basis for their formal decisions GIE Annual Conference, 24 October 2008 8 Thank You ! Wolfgang Urbantschitsch Head of Legal, Energie-Control GmbH A-1010 Vienna, Austria, Rudolfsplatz 13a [email protected] Further information is available at www.energy-regulators.eu GIE Annual Conference, 24 October 2008 9