EREF European Renewable Energies Federation Expectations on the

EREF European Renewable Energies Federation Expectations on the EU Energy Union European Economic and Social Committee Dirk Hendricks 12 May 2015

EREF European Renewable Energies Federation The “Energy Union Package” (February 2015) 4 Goal: “a resilient Energy Union with an ambitious climate policy at its core is to give EU consumers - households and businesses - secure, sustainable, competitive and affordable energy. Achieving this goal will require a fundamental transformation of Europe's energy system. ” 4 Ambition: “to make the EU the world number one in renewable energies”

EREF European Renewable Energies Federation The “Energy Union Package” A brief assessment Positive Negative RES mentioned in own chapter RES mentioned under decarbonisation Explicit reference to RES under market design RES not (sufficiently) discussed under security of supply Stronger role for ACER Role of ACER not defined More than one layer of “governance” for different targets Little “news” on implementation of such “New Governance”, especially for RES Perpetuation of Europe’s dependency on fossil fuels imports

EREF European Renewable Energies Federation Making the EU the world Nr. 1 in Renewable Energies Ø Renewable energy and energy efficiency as centre piece of a new stable, secure, affordable and democratic EU energy system Ø Clear long-term commitment to 2050 EU goal and international commitments (investment security) Ø Decentralised energy system with poly of independent power producers Ø Innovation strategy coupled with a robust industrial policy to maintain or regain Europe’s leading position in renewables Ø Stronger support to export opportunities and provision of solutions for developing countries Ø Develop plan to phase out fossil fuels and nuclear energy; no shale-gas development

EREF European Renewable Energies Federation Excursion: advantages of renewables Ø Creation of local jobs throughout Europe Ø Contribution to economic growth and wealth Ø Electricity production with no to little GHG emissions Ø Cleaner environment causing reduced risks to public health and increased living conditions Ø Reduced/no energy dependence Ø Stable low energy prices

EREF European Renewable Energies Federation Renewable Energy Employment 4 In 2012, the year with the latest available complete dataset, there had been more than 1. 2 million direct and indirect jobs in the renewable energy sector throughout the 27 EU Member States. Germany: 367, 700 France: 188, 010 Italy: 102, 500 Spain: 77, 910 Denmark: 58, 570 United Kingdom: 53, 520 Sweden: 50, 610 Other EU member states: 318, 710 Number of renewable energy jobs in EU according to sector (2012)

EREF European Renewable Energies Federation Turnover § § EU renewable energy industry generated nearly a € 130 billion turnover within 2012; Germany is by far at the top in terms of renewable energy induced turnover, with more than 26% of total EU turnover; Italy and France passed the € 10 billion threshold; The UK, Denmark and Spain got close to it. Germany: 34, 260 Italy: 14, 355 France: 11, 320 United Kingdom: 9, 860 Denmark: 9, 803 Spain: 8, 790 Other EU member states: 41, 063 Turnover of the renewable energy sector within the EU in 2012 (in millions of euros (€M)

EREF European Renewable Energies Federation A new Energy Governance structure 4 Precise and robust governance system which 4 Guarantees investment security 4 Promotes cooperation and coordination among Member States 4 Ensures achievement of 2030 RE target 4 Defining national renewable energy contributions 4 Incentivizing national investments in renewable energy 4 Ensuring the implementation of national contributions 4 Regional cooperation and coordination

EREF European Renewable Energies Federation A new Energy Market Design Ø Promotion of increased flexibility (generation, consumption, storage) Ø Enhanced European interconnectivity (transnational grid capacity) Ø Creation of common balancing markets Ø Guaranteed priority dispatch for all RES Ø Democratic energy supply in European regions Ø Increased interaction between relevant sectors (power, heating and cooling, transport)

EREF European Renewable Energies Federation The chance Renewables and energy efficiency as the critical means to develop a stable, secure, affordable and democratic energy system which generates jobs and wealth And helps expanding and pacifying access to energy around the world

EREF European Renewable Energies Federation Thank you for your attention! Dirk Hendricks