Bucharest, 24 October 2008

Making the third package work in practice

Wolfgang Urbantschitsch, E-Control

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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?

Hot issues of the 3rd package

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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

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Timetable – if everything goes well

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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 closes31 December 2008

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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

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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

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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

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Wolfgang UrbantschitschHead of Legal, Energie-Control GmbH

A-1010 Vienna, Austria, Rudolfsplatz 13awolfgang.urbantschitsch@e-control.at

Further information is available at

www.energy-regulators.eu

Thank You !