VIP Call Girls Service Miyapur Hyderabad Call +91-8250192130
European Nuclear Industry’s role towards a low carbon future
1. European Nuclear Industry’s role towards a low carbon future
Andrei Goicea
Senior Manager Institutional Affairs, FORATOM
International conference “Low carbon electricity: trends, problems and prospects”
Kiev, Ukraine 13-14 June 2017
4. • Act as voice of nuclear energy industry in EU energy policy debate.
• Enhance relations between nuclear industry and EU installations.
• Deliver information on nuclear energy to EU institutions, media and the
public.
• Inform members about developments emerging from EU institutions.
• Interact with intergovernmental organisations (IAEA, OECD/NEA, IEA,
etc.).
• Communicate latest science and technology in
co-operation with ENS.
FORATOM’s mission is to:
4
5. EU ambitions on climate and energy
5
“Clean Energy for All Europeans” legislative package
6. 6
• Cap and trade system;
• 30 countries involved;
• Started in 2005;
• Encourages investment in clean and green systems;
• 11500 installations of heavy emitters representing
42% of Europe GHG (only CO2).
Emissions Trading System – EU-ETS
7. 7
The current ETS fails to create incentives for investment in low carbon technologies.
Against an expected price of 30 Euros/t CO2, the current price fell below 5 Euros/t
CO2. That means CO2 price has to rise quickly to prevent fossil fuel power plant lock-in.
Two years’ gains lost in six
weeks
Emission Trading System – EU-ETS (cont’)
8. A Resilient Energy Union with a Forward-Looking Climate Change Policy
• Wants to create European Energy Union in order to combat EU’s external energy
dependency;
• Pool resources, combine infrastructures and unite in negotiating vis-à-vis third countries
(the 2014 association agreement with Ukraine);
• Diversify energy sources, and reduce high energy dependency;
• If energy import prices become too expensive (including politically) EU should be able to
switch very swiftly to other supply channels & reverse energy flows when necessary;
• Renewables: the EU to become number 1;
• Energy efficiency beyond the 2020 objective.
8
European Commission 2014-2019
9. • EC published on 30 November 2016 the “Clean Energy for All Europeans” – CEP
legislative package previously known as Winter Package consisting of over 2000
pages;
• The following legislative proposals are part of CEP:
• Updated energy efficiency directive
• Directive on the promotion of the use of energy from renewable sources
• Regulation on the internal market for electricity
• Directive on common rules for the internal market in electricity
• Updated regulation on establishing ACER
• Updated energy performance of buildings directive
• Regulation on governance of the Energy Union
• Regulation on risk-preparedness in the electricity sector
• Very little in the package to support nuclear energy - no obvious
market signals to encourage nuclear or low carbon investment!!!
“Clean Energy for All Europeans” legislative package
9
10. • The position paper with FORATOM’s reaction to “Clean Energy for All
Europeans” legislative package has been published on 18 April and
promoted to a large number of stakeholders;
• FORATOM stands for:
- cost-efficient decarbonisation;
- an effective power market leading to competitive and affordable
electricity prices for the end consumers;
- the promotion of investments in low carbon technologies;
- No ETS policy overlap.
FORATOM’s position paper on CEP
10
11. 11
- An installed capacity of around 120 GWe, should be the reference target for
2050 - (Energy Roadmap 2050 EC 2011 communication);
Nuclear Illustrative Programme (PINC) EC communication 2017:
- Maintaining a nuclear generation capacity of between 95 and 105 GWe in the EU
until 2050 and beyond would require further investments over the next 35 years.
Between EUR 350 and 450 billion would have to be invested in new plants to
replace most of the existing nuclear power capacity;
- Currently 4 reactors are under construction (Finland, France and Slovakia) and
more than 23 planned (Bulgaria, Czech Republic, Finland, Hungary, Poland,
Romania, Slovenia, UK);
- Many countries (UK, France, Spain, Belgium, Sweden, Romania) are taking into
consideration the nuclear LTO (long term operation) strategy.
Nuclear energy as an important part of the solution
12. 12
Actions on market design are needed to restore confidence among potential
investors in power generation projects of all types, but in particular in large
scale low carbon generation projects:
• to be introduced long-term price signals that can lead to an adequate level of investments;
• to be implemented instruments mitigating the exposure of plant revenue to electricity price
volatility risk, eg. CfD, Mankala model or long term contracts.
EU ETS as the main instrument of decarbonisation has to be reformed as soon
as possible, in line with the ambitions of the Paris climate commitment and
2030 targeted emission reduction of 40%;
The importance of nuclear power to achieve climate action goals at reasonable
cost should be made clear;
Nuclear technological and industrial expertise – a benefit for security of supply.
It is also important that nuclear skills and research capability is retained.
Conclusions