In its Energy Union Strategy, the Commission announced its intention to propose new legislation on electricity security of supply in 2016, as part of a broader set of initiatives to reform the EU framework governing electricity markets.
The Communication launching the public consultation process on a new energy market design (COM(2015)340) opened the debate on how to reform markets to ensure that they are suitable for an interconnected EU-wide electricity market, provide clear price signals for new investments and facilitate the further development of renewables, promote regional cooperation and coordination, and provide a truly European dimension to security of electricity supply.
As a complement to it, the consultation on risk preparedness raised targeted questions relating to security of electricity supply, in particular on how Member States should prepare themselves and co-operate with others, with a view to identify and manage risks relating to security of electricity supply.
We received 75 replies in total, mostly coming from companies (39%) active in the field of generation (both from conventional and renewable sources), transmission, distribution and/or supply, as well as from associations and relevant EU bodies (including ENTSO-E and ACER; 37%). A total of 11 EU Member States replied. From outside the European Union, Norway and the International Energy Agency contributed.
A large majority of respondents is in favour of requiring Member States to draw up risk preparedness plans, covering results of risk assessments, preventive measures as well as measures to be taken in crisis situations. Whilst acknowledging the need for a common approach and more regional co-operation, a significant number of stakeholders also state that there should be sufficient room for tailor-made, national responses to security of supply concerns, as there are substantial differences between national electricity systems.