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Energy Efficiency Directive voted in ITRE

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On 28 February 2012, the Industry, Trade and Research Committee (ITRE) of the European Parliament voted on rapporteur Claude Turmes’ (Group of the Greens/European Free Alliance, Luxembourg) draft report on the Energy Efficiency Directive. Further to previous Eurobrief articles on this issue, CEMBUREAU can confirm that ITRE supports audits being carried out by in-house experts, subject to certain conditions. In relation to the obligation of capturing waste heat from industrial installations and redistributing it to municipal heating facilities (with connection costs being born by the installation), ITRE voted in favour of making this conditional to a cost-benefit analysis and deleted the provisions that requires installations to bear the connection costs. In addition, ITRE voted in favour of opening informal negotiations with the Council before sending the report to plenary, with the adopted amendments considered as a negotiating mandate.

One key point in the discussion was the proposal to allow, via the EED, to set aside allowances from the ETSi auctioning cap in order to boost carbon prices. According to a survey by Point Carbon, in the event of a set aside today along the lines contemplated by the European Commission, EUA prices would likely climb to € 11.40 by the end of next year.

In ITRE, any amendment of the ETDi, including changing the linear reduction factor was rejected but an amendment to Article 19 calls upon the European Commission if appropriate to introduce a set aside by amending, through pre-Lisbon comitology, the Auctioning Regulation (Commission Regulation No 1031/2010).