“Clean Energy for All Europeans” package – more ambition needed for reviewing the Guarantees of Origin legislation

Brussels, 23 February 2016 | The recently published “Clean Energy for All Europeans” package proposes important amendments to the EU’s energy and climate legislation with significant changes in certain key areas. Europex has been analysing the Commission’s eight legislative files, and will release several position papers on issues directly relating to wholesale energy trading and environmental markets over the next few weeks.

This first paper will focus on the proposed changes to the Guarantess of Origin (GO) legislation in the context of the review of the Renewable Energy Directive (RED) with additional comments on the needed phase-out of support for Renewable Energy Sources (RES) as well as on the recast of the Energy Efficiency Directive (EED) and the lack of market-based principles therein.

Please read the full position paper attached.