Refining fitness check Francisco Caballero Sanz Head of Unit, Industrial Competitiveness for Growth...

Refining fitness check

Francisco Caballero SanzHead of Unit, Industrial Competitiveness for Growth

DG Enterprise and Industry

First meeting of the EU Refining Forum 12 April 2013

Introduction

• - Smart regulation agenda of the Commission, "fitness checks" of policy areas since 2010

• - Industrial Policy Communication Update (October 2012) announces sectoral-horizontal exercises, including on the petroleum refining sector

Context• - EU second larger producer in the world; nearly 500 bn

turnover and 120 thousand employees• - Commission policy goal of "keeping a European

presence in domestic refining - though one that is able to adapt capacity levels to the economic realities of a mature market"

• - Difficulties of the sector – divestments and shutdowns• - Need for evidence-based assessment of cumulative

impact of EU legislation• - DG ENER and JRC conferences and roundtables

Possible scope for fitness check• - Renewables Energy Directive• - Energy Taxation Directive• - EU Emissions trading system• - Fuels Quality Directive• - Directive on Clean and Energy Efficient Vehicles• - Industrial Emissions Directive• - Strategic oil stocks directive• - Marine fuels directive• - Energy efficiency directive

Aim

1. Quantitative assessment (JRC-lead study) of impact of relevant legislation and policies on costs and expected revenues of the sector2. Qualitative assessment of effectiveness, efficiency, coherence and relevance of measures3. Conclusions and recommendations: what are the gaps, inconsistencies overlaps?

Planning

1. Dec. 12 – Apr. 13: Preparation/adoption of mandate2. May 13 – May 14: Quantitative study3. May– July 14: Qualitative evaluation4. Aug. – Sept. 14: Conclusions and final report