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Clean Energy Package, Winter Package

Winter package developments

Last week saw the CEER/ACER conference (see here) which followed the release of the “Winter Package” last November(see here). The package contains several legislative proposals which aim to reform Europe’s Energy market to support the move to renewables and shorter term trading in general. Amongst the proposals is an increased emphasis on ACER, changes and convergence in terms of balancing, an increased recognition of electricity storage and demand side response and an umbrella body for Distribution System Operators (DSOs). CEER have written this  overview paper on the initial reactions to the proposals, which accompanied this press release. This article on the Emissions-EUETS web site explains some of the proposals further. Finally this article on the Platts web site examines some objections to some of the targets in the package being raised in Poland.


About avivhandler

Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on the regulation of the commodity, energy and financial markets. He has more than 23 years of experience in the financial, energy and commodity markets, covering regulatory compliance, credit, risk and financial technology. Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy and Commodity Regulation. Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations. Mr. Handler holds a degree in computer science from Imperial College, University of London.


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