Annual report - HSE

EU level
Key activities:
• EU Renewable Energy Strategy;
• Instructions for use of definitions under Decree 1227/2011 on comprehensiveness and
transparency of wholesale energy market;
• Draft guideline for transparent electricity market to the EU Electricity Market Transparency
Regulation 714/2009;
• Energy Efficiency Directive;
• Network Code draft;
• Renewable Energy Strategy Post 2020.
The European Commission made two important steps towards tackling growing imbalance
between the supply of emission allowances and demand for them within the EU system
for emission trading (EU ETS). As the first immediate measure for addressing fast growing
cumulative surplus of allowances, the EC provided an official proposal for review of the
timetable of auctions and backloading of the sale of 900 million allowances at the auction
in the third phase of ETS, which will begin the next year. The EC also adopted the Report on
European Gas Market, which determined a number of possible structural measures that
can be adopted for solving the surpluses issue. Emission allowances surplus occurred,
because the economic crisis reduced industrial emissions of greenhouse gases more than
expected, which resulted in decreased demand for allowances. Presumably, the surplus
will continue to grow in the third phase of ETS in the period 2013-2020. Report on European
Gas Market provides a list of six possibilities and addresses interested parties to express
their opinion. European Parliament and Council asked the Commission to examine the
possibilities for imminent adoption of structural measures, including sustainable retention
of emission allowances, necessary for elimination of the surplus. All legislative proposals
for structural measures that the EC presented on the basis of public discussion, will have
to be submitted to public consultation and comprehensive assessment.
2.14.4 Acquisition of non-refundable resources
for implementation of R&D activities on
the HSE Group level
In the area of financial resources for development projects, we monitor the possibilities
on the level in the scope of which the EC adopted common strategic framework for future
programming of all structural funds in the period 2014-2020. In all member states and
their regions, the strategic framework will set clear investment priorities within the scope
of Multiannual Financial Framework 2014-2020 and will enable better coordination of
funds for optimisation of European funds. Several public tenders have been opened in
connection with co-financing development projects in the area of energy, environment
and sustainable use of energy, and we have been checking their contents and application
possibilities, as well as looking for opportunities for cooperation on potential projects.
On 9 July 2012, the EC announced the last and the most extensive set of tenders for
acquisition of proposals in the area of research within the framework of the 7 th Framework
Programme (FP7) for 2013. A total amount of EUR 8.1 billion will be allocated for projects
and ideas that will improve the European competitiveness and solve the issues regarding
health, environment protection and new approaches to the challenges of urbanisation and
waste management.
Project Aquaviva
Annual Report HSE 2012
2 Business Report
94
On 15 February 2012, a contract on participation on the project Live Water-from Biodiversity
to the Tap was signed. Reasonableness and justifiability of the project were confirmed by
the EC decision to finance it. The purpose of this project is to use the data obtained for
informing the public on protection and preservation of aquatic ecosystems.