爱游戏中国官方网站's position paper addresses the European Commission's amendments to the EU Electricity Market Design, emphasising the need for competitive, renewable, and low-carbon energy to maintain the EU's industrial competitiveness and advance towards climate neutrality. 爱游戏中国官方网站 highlights that the chemical sector's significant electricity consumption will only increase with further electrification. The paper underlines the necessity of a market framework that balances decarbonisation, competitiveness, and supply security. Key recommendations include promoting Power Purchase Agreements (PPAs), minimising market distortions caused by state aid schemes, and integrating flexibility and capacity mechanisms sustainably.
Key takeaways:
- Promote Access to PPAs and Forward Markets: Support the development of marketplaces for cross-border PPAs and ensure broad access to financial products offering risk guarantees.
- Minimise Market Distortions from State Aid: Ensure market-based contracts form the foundation for investment decisions and manage Contracts-for-Difference (CfDs) to avoid negatively impacting market dynamics.
- Enhance Flexibility and Storage: Advocate for a technology-neutral, cross-border approach in flexibility assessments and product designs, promoting coherent incentives for demand response and other flexibility options.