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

0

Share

Published:

February 3, 2020

Country:

Comments:

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

Croatian Chamber of Economy lex specialis for renewables position paper

Croatian Chamber of Economy asks for lex specialis for renewable energy sector

28 March 2024 - The Association for Renewable Energy Sources produced a position paper identifying obstacles and possible solutions

romania delgaz hydrogen 20HyGrid

Romania successfully tests blending hydrogen in natural gas distribution grid, households

28 March 2024 - E.ON Romania declared success in its test of blending hydrogen into the gas network and using the mixture in households.

IRENA-Global-solar-power-capacity-surpasses-hydropower-in-2023

IRENA: Global solar power capacity surpasses hydropower in 2023

28 March 2024 - The world's renewable electricity capacity additions in 2023 hit a record 473 GW, dominated by China. Solar power became the largest segment in total.

aleksander mervar eles krsko solar slovenija

Mervar: Electricity from Krško 2 nuclear project won’t be cheaper then EUR 125 per MWh

27 March 2024 - CEO of Slovenia's TSO ELES Aleksander Mervar said gas power plants need to be built to prevent the need for large electricity imports