The ERCST workstream on “EU Climate Policy and Electricity Market” provides analytical input on the interactions between EU climate policy and electricity market. Within the scope of the first part of this project (1^st quarter of 2023), the ERCST team has developed a framework matrix (Annex 1) for analysing the elements of the EC proposal on electricity market reform through a climate change lens.

Following on this preliminary work, ERCST focused on discrete interaction’s cells of this matrix framework. During this event, the attention was given to the short-term pricing elements (including marginal pricing and market interventions) and their interactions with relevant climate policies (ETS, RED…) to understand whether/to which extent these provide short-term operational signals for decarbonization.

This meeting started by a presentation by ERCST which provided the discussion background. This was followed by preliminary remarks from the European Parliament. Then followed a panel discussion during which speakers shared their views and provide their opinions on the proposal. Interventions and debate from the audience will take place during the following Q&A session.

Agenda    ERCST Slides