14/01/2015 - Warsaw European Council – Energy & Climate 2030 Krzysztof Bolesta Polish Ministry of Environment
Dec 18, 2015
14/01/2015 - Warsaw
European Council – Energy & Climate 2030
Krzysztof BolestaPolish Ministry of Environment
| 2
EU Targets for 2020
20% reduction GHG (ref.1990)
20% RES in overall energy mix
20% Improving energy efficiency
| 3
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
| 4
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
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
| 6
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
| 7
.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
| 8
Strong review clause / Council grip
.Review after Paris
.European Council control over conclusions elements
.ETS, non-ETS, energy efficiency, interconnections
| 9
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
| 10
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.
| 11
Thank you for your attention