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ECF 2011 Annual Report - European Climate Foundation

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In the context of overall investments of €795–1,596 beneficiaries is not straightforward and depends on<br />

billion (€1,153 billion for On Track case), the investments the time perspective and the constituency. In the<br />

in grids at 4–9% of total investment (6% for On Track long run, interconnecting markets and establishing<br />

case) are comparatively low.<br />

an electricity trade mechanism will reduce the overall<br />

Several issues could slow progress both in the current<br />

decade for the ENTSO-E plans and in the future for<br />

other investments.<br />

• Complex and disjointed planning and consenting<br />

regulations could cause delays and even block<br />

construction of lines in some cases.<br />

• Lack of direct grid policy and/or failure to develop grid be a reduction in price volatility.<br />

policy in conjunction with renewable policy.<br />

• Lack of clarity regarding the cost allocation of between<br />

country grid costs at an EU basis, i.e., who will pay<br />

for this infrastructure?<br />

• It is widely advocated that the ‘beneficiary-pays’<br />

concept should apply to grid interconnections amongst<br />

two or more energy markets. However, establishing<br />

Power Perspectives 2030<br />

on the road to a decarbonised power sector<br />

cost from reduced back-up investment and lower<br />

RES curtailment and will benefit society as a whole.<br />

In the shorter term, there will be both winners and<br />

losers. In an interconnected market prices tend to<br />

flatten out, which means that in some Member States<br />

prices will increase and in others prices will decrease<br />

as transmission levels reduce options for arbitrage<br />

between markets. Counterbalancing that effect will<br />

Making it happen<br />

14/07 Green Growth Best Practice, First Workshop<br />

World Bank, Washington DC<br />

1<br />

109/11<br />

12->13/09 NGO Workshop on the Energy Efficiency Directive<br />

CAN-E, FoE, WWF, Brussels<br />

27/09 Deep retrofit Roadmap 2012 to 2050<br />

Parliamentary evening, funding & instruments for a climate<br />

neutral building stock. Organised by NABU, Berlin<br />

07/11 Launch Power Perspectives 2030<br />

<strong>ECF</strong>, Brussels<br />

Principles for Nearly Zero Energy Buildings, presentation of study<br />

Organised by BPIE, Brussels<br />

10/11 Europe’s Buildings under the Microscope, presentation of study<br />

Organised by BPIE, Brussels<br />

28/11 Launch of www.klimafakten.de<br />

29/11 Green investments to the rescue<br />

Coalition for Sustainable EU Funds, Brussels<br />

04/10 Delivering Europe’s cheapest energy resource<br />

The Coalition for Energy Savings - Panel discussion on the Energy<br />

Efficiency Directive, <strong>European</strong> Parliament, Brussels<br />

01/12 Bridging The Emission Gap With Policies That Work<br />

Side event COP17, Durban<br />

17/10 The health and security perspectives of climate change 03/12 Green Growth Best Practice<br />

British Medical Journal in association with <strong>ECF</strong>, London<br />

Steering Committee meeting, COP17, Durban<br />

04/12 Greening The Economy In Times Of Crisis<br />

21/10 Internal seminar for <strong>European</strong><br />

Dinner led by Caio Koch-Wesser and Michael Jacobs,<br />

Commission economic modellers with the<br />

COP17, Durban<br />

Bureau of <strong>European</strong> Policy Advisers<br />

Brussels<br />

05/12 Low-Carbon Growth Scenario Meeting<br />

Workshop led by the <strong>ECF</strong>, Durban<br />

27/10 Green Growth Best Practice, Second Workshop<br />

UNEP, Paris<br />

06/12 Equitable Access To<br />

Sustainable Development<br />

Dinner led by the <strong>ECF</strong>, Durban<br />

27/10 Green Growth Best Practice, Expert Workshop<br />

London<br />

JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER<br />

15/12 <strong>European</strong> Commission<br />

publishes its Energy Roadmap 2050<br />

19/10 <strong>European</strong> Commission unveils its proposal for a regulation<br />

on "Guidelines for trans-<strong>European</strong> Energy Infrastructure"<br />

<strong>ECF</strong> is a highly effective way to make an impact in the climate change space. The broader <strong>Climate</strong>Works network brings a global perspective and global resources to the efforts of the <strong>ECF</strong>, allowing<br />

31

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