Electricity

Kantor, E3 to design carbon tax for Energy Community Contracting Parties

Kantor-E3-carbon-tax-for-Energy-Community

Photo: Pixabay

Published

February 3, 2020

Country

Comments

comments icon

0

Share

Published:

February 3, 2020

Country:

Comments:

comments icon

0

Share

The consortium made of Kantor Management Consultant SA and E3 modelling will be in charge of preparing a study on carbon pricing design in the Energy Community.

The consortium was selected at a public call for the provision of consulting services published in October by the Energy Community Secretariat.

The study’s objective is to assess and propose the design of an effective carbon pricing mechanism

The study’s objective is to assess and propose the design of an effective carbon pricing mechanism conducive to the decarbonization of the Energy Community Contracting Parties’ electricity sectors in a cost-effective and socially acceptable way, according to the Energy Community Secretariat website.

The design of any future carbon pricing mechanism should allow for transitional carbon pricing

The design of any future carbon pricing mechanism should allow for transitional carbon pricing by each Contracting Party (separately or as part of an Energy Community-wide design) and prepare the Contracting Parties for joining the EU ETS in the future.

The Secretariat will ensure that experts from the Contracting Parties are actively involved in the process

It should also include solutions for a targeted and fair reallocation of the funds obtained by the Contracting Parties and minimize the impact on system adequacy and security of supply, according to the Secretariat.

During the course of the study, the Secretariat will ensure that experts from the Contracting Parties are actively involved in the process, including via existing Energy Community bodies and platforms, including the Permanent High Level Group, Energy and Climate Committee and its Technical Working Group, the platform for generation companies – GENEnC, Environmental Task Force as well as national institutions in charge of social protection, public revenues, civil initiatives and interested stakeholders in the Contracting Parties.

The kick-off meeting with the consultants took place on January 20 in Vienna.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

bih republic of srpska hydropower plants bistrica tunnels petar djokic

Three hydropower plants on Bistrica river to be finished by end-2026

18 April 2025 - Chinese company AVIC is in charge of building the three hydropower plants on the Bistrica, with a total capacity of 39 MW

albania france kesh afd drin hydropower energy storage

Albania’s KESH, France’s AFD sign MoU on hydropower management, energy storage 

18 April 2025 - KESH and Agence Française de Développement have signed an MoU on the Drin cascade management and advanced energy storage planning

bih federation ephzhb court poklecani urban permit arhaus

Supreme Court of Federation of BiH annulls urban permit for Poklečani wind farm

17 April 2025 - The project is being developed by Elektroprivreda HZHB, one of the three state-owned power utilities in Bosnia and Herzegovina

Minister Admir Sahmanović formally assumes energy, mining portfolio in Montenegro

Minister Admir Šahmanović formally assumes energy, mining portfolio in Montenegro

17 April 2025 - Minister of Energy and Mining of Montenegro Admir Šahmanović was formally voted in as the two ministries that he ran were merged