24 November 2017, 16:16
Summary of the position of Polskie Sieci Elektroenergetyczne S.A. regarding the proposed model of electricity market set forth in the package “Clean energy for all Europeans”
PSE is of the opinion that in order to maintain security and reliability of electricity supplies as well as to ensure effectiveness of electricity market it is necessary to introduce in particular the following changes:
Summary of the position of Polskie Sieci Elektroenergetyczne S.A. regarding the proposed new rules for applying capacity mechanisms set forth in the package “Clean energy for all Europeans”
In the PSE’s opinion, propositions set forth in the European Commission’s “Clean Energy for All Europeans” package are biased towards the model of pan-European energy-only market. However, prices of electricity have ceased to effectively stimulate investments in generation capacity or decisions to withdraw them. This is so because development of RSE (renewable sources of energy) is supported with mechanisms that reduce fixed costs (and consequently, long-term fall of prices and their increasing volatility are observed), regulatory decisions are taken where maximum prices are taken into account, as well as due to instability of regulations and uncertainties of the market environment, which has led to the problem with ensuring adequate generation. A solution that may be adopted to reduce the risk of shortage of generation capacity are capacity mechanisms, and in particular a capacity market. Therefore, EU regulations should not pose barriers to its creation and development.