14/01/2015 - warsaw european council – energy & climate 2030 krzysztof bolesta polish ministry...
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14/01/2015 - Warsaw
European Council – Energy & Climate 2030
Krzysztof BolestaPolish Ministry of Environment
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EU Targets for 2020
20% reduction GHG (ref.1990)
20% RES in overall energy mix
20% Improving energy efficiency
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EU Target(s) for 2030
40% reduction GHG (ref.1990)
27% RES in overall energy mix
binding at EU level
30% Improving energy efficiency
binding at EU level
10-15% interconnection
indicative
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GHG target - ETS
. Reductions by 43%. ETS key instrument. Greater reduction speed 1.74% to 2.2%. CL list kept with review of benchmarks. NER4k mechanism extended.Modernisation reserve created with 2% and EIB involvement
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90% based on historical emissions
in EU ETSfor PL: 700 – 706 mln
Value: 66,5 – 67,0 mld PLN
10% GDP per capita criterion
for PL: 276 – 278 mln
Value: 26,2 - 26,4 mld PLN
Allowances for auction =(distribution key between MS 90%-
10%)for PL: 976 - 984 mln
50% according to historical emissions
in EU ETSfor PL: 74,5 – 75 mln
Value: 7,0 – 7,1 mld PLN
50% according to GDP
for PL: 59 – 60 mlnValue:
5,6 – 5,7 mld PLN
No more than 40% from 90% of historical emissions what means for
PL:
280 – 282 mlnValue:
26,6 – 26,8 mld PLNFree allowances for electricty generation sector in Poland
2% fund in EU-28= 307 – 310 mln
(distribution key - 10 MS 50%-50%)
for PL: 134 - 135 mln
Council Conclusions – what does it mean for Poland in EU ETS (2021-2030)
Distribution of allowances for auctioning and 2% fund
(subtracted from the PL auctioning CAP)
Allowances price estimated at 27 EUR according to Commission’s Impact Assessment to communication on 2030 framework and PLN/euro exchange rate based on guidelines of Ministry of Finance (2 October 2014) = 3,52 PLN/euro
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GHG target – non ETS
.Reductions by 30%
.Methodology half agreed
.Targets will range 0-40%
.Transport, agriculture, land use and forests – honorable mentions
.Transfer from ETS for richest
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.Indicative at EU level.CION will propose areas.MS keep control over measures.Review in 2020
RES & Energy Efficiency
.No national targets.Freedom of MS to go above.Governance should help reaching target
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Strong review clause / Council grip
.Review after Paris
.European Council control over conclusions elements
.ETS, non-ETS, energy efficiency, interconnections
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Conclusions End of the beginning;
Non-ETS most controversial;
No other targets were/will be possible;
Good result for Poland
Council will exercise very strong grip over climate&energy issues
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What happened in Lima?
. Principles of Warsaw and not much more;. Elements of the text on table;. US-China stealing the show;. Likely result – no level playing field;.Managed to solve EU Kyoto2 ratification problem.
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Thank you for your attention