ETS Reform - The contribution of EUGINE
EUGINE strongly supports the principle of a market-based mechanism aiming at progressively decarbonising the EU economy. However, the EU ETS Directive should strongly contribute to the modernisation of the EU power system. It should take into account the major changes which have been occurring in the last few years, including the remarkable development of intermittent renewable energies and the growing impact of these variations on the grid stability and thus on the security of electricity supply in the EU. Please find enclosed the contribution of EUGINE to the consultation organised by the European Commission on this issue. This contribution only focuses on the questions which are directly relevant to EUGINE.