ECOS’ Reaction: Energy and Climate Summer Package
In the European Commission’s Summer Package released yesterday, ECOS particularly welcomes the Communication on delivering a new deal for energy consumers, the regulatory proposal revising the EU Energy Label and the launch of a public consultation on a new energy market design.
Moving in the right direction, the package provides conditions to reap the proven benefits of a de-centralised energy system with high and well-integrated shares of renewable energy sources, and with actively engaged “prosumers” at its basis.
More specifically, ECOS welcomes the focus on tapping the full potential of demand-response in EU electricity markets by including small prosumers, smart home technologies (including smart meters), self-generation, and storage technologies (including electric vehicles). ECOS also supports the objective of enabling a true level-playing field for energy aggregators in order to provide balancing and flexibility services. ECOS believes that in a fast-changing electricity market, all European consumers should be able to participate fully in adapting to market needs, and should be rewarded for their participation and efforts to promote energy-efficient systems with a higher share of renewable generation. Enabling fair market access to the energy market for all parties, including energy aggregators other than energy incumbents, will be key to this success.
ECOS also welcomes the Commission’s proposal to revise the EU Energy Label, reverting back to the well-recognised A-G layout. This will enable European consumers to make more informed, sustainable choices when purchasing energy-using or energy-related products while providing an incentive for manufacturers to make more energy efficient goods. Our preliminary views regarding the revised EU Energy Label can be found on the Coolproducts campaign website.
Finally, ECOS will respond to the public consultation on the new energy market design to ask for fair market access of independent aggregators and rewarded participation of prosumers in flexibility markets.
Image source: European Commission