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Press review


UFE/Press review of 20/06/18

EDF AND MCPHY SIGN PARTNERSHIP AGREEMENT TO DEVELOP CARBON-FREE HYDROGEN
The hydrogen specialist McPhy and the utility EDF have signed an industrial, commercial and research partnership for the development of carbon-free hydrogen in France and internationally, just a few days after the release of Nicolas Hulot's Hydrogen Plan. Through its subsidiary EDF Nouveaux Business, EDF Group will take 21.7% of McPhy's capital, thus becoming its largest shareholder. "This partnership is a first step that will enable EDF to accelerate its integration in this new market, which is growing rapidly and creating jobs in France and worldwide" said Cédric Lewandowski, EDF Group Executive Director in charge of Innovation, Strategy and Programming.
Source: Les Echos, June 5th, 2018
G7 DISAGREES ON CLIMATE
During their meeting in Canada on 8 and 9 June, the G7 failed to rally the United States to sign a joint declaration on climate commitments. Canada, France, Germany, Italy, Japan, the United Kingdom and the European Union co-signed a separate paragraph to reaffirm their commitment to the "fight against climate change" through the implementation of the Paris agreement and a "just transition". Moreover, all G7 countries have adopted a common vision on the future of artificial intelligence, which highlights its role in tomorrow's economic growth.
Source: Actu-environnement, June 11th, 2018
ENGIE FACES CONFIDENTLY THE STATE'S DISENGAGEMENT IN ITS CAPITAL
The government confirmed on Tuesday 12 June that it wanted to include in the “Pacte” bill (action plan for the growth and transformation of businesses) the sale of the States’s shares of Française des Jeux, Aéroports de Paris and Engie. The text will be presented to the Council of Ministers on Monday 18 June. Engie Group told Enerpresse that it was "ready to face all scenarios (...). In all cases, a partial or complete exit from the State would not have an impact on the group's financing capacity”. In addition, the energy company specifies that this law will not be promulgated before "end 2018 or beginning 2019", that is, after the "capital markets day", "during which long-term prospects will be announced, allowing the operation to take place under the best conditions, both for the State and for the group". Finally, this operation could prove positive because it "would increase the floating capital, ensuring better liquidity".
Source: Enerpresse, June 15th, 2018
ACER ALERTS ON CROSS-BORDER CAPACITY CALCULATION
While the trilogue negotiations on the Regulation and the Electricity Directive are due to start on 27 June, the European Agency for the Cooperation of Energy Regulators (ACER) issued a press release on the text on 8 June. ACER alerts in particular about the arbitrary target (75%) of cross-border trade capacities availability, adopted by the European Parliament and the Council of the EU in their respective positions. The two institutions also allow States to derogate from the network code on capacity allocation and congestion management (CACM) until 2026. According to the agency, this "could prevent the implementation of rules to effectively calculate cross-border capacity".
Source: Contexte, June 11th, 2018
AUSTRIA PRESENTS ITS PRIORITIES FOR ITS PRESIDENCY OF THE COUNCIL OF THE EU
Austria, which will take over from Bulgaria for the rotating EU Council Presidency in July 2018, presented its priorities on energy issues at the Energy Council on June 11th. The Austrian Presidency is committed to conclude negotiations on the "Clean Energy for All Europeans" package, in particular on the Electricity Regulation and Directive. In addition, emphasis will be placed on innovative technologies, including renewable hydrogen, storage and solutions for energy-intensive industries, through the organisation of a high-level conference on 17 and 18 September in parallel with the informal Energy Council in Linz, Austria. Finally, the Austrian priorities will also focus on strengthening dialogue with international institutions in the energy sector, such as the Energy Community and the countries of South-East Europe.
Source: Enerpresse, June 6th, 2018 and Austrian Presidency of the Council of the EU, June 11th, 2018
EUROPEAN PARLIAMENT AND EU COUNCIL REACH TRIALOGUE AGREEMENT ON RENEWABLE ENERGY DIRECTIVE
At the 5th trilogue on the Renewable Energy Directive on June 13th, the co-legislators reached a provisional agreement, endorsing a binding EU target of 32% renewable energy by 2030 with an upward revision clause by 2023. The agreement also raises the target for renewable energy in transport to 14%. An indicative renewable energy sub-target of 1.3% per year in the heating and cooling sector was also included in the provisional agreement. In addition, self-consumers will be able to produce and store renewable energy for their own consumption, be paid for self-generated electricity fed into the grid, and partner with local energy communities. Individual self-consumers with installations of less than 25 kW may benefit from exemption from charges. This provisional agreement will be subject to ratification by the Council of the EU and the European Parliament and will be transposed in the Member States by 30 June 2021.
Source: European Parliament and European Commission, June 14th, 2018
INSTITUTIONAL AGENDA
European Commission, June 6th and 7th, Brussels:
Publication of financial programs related to strategic investment and common market (06/06) and Research & Development (07/07)

Environment Council, June 25th, Brussels
Exchange of views on the proposal for regulation on CO2 standards for cars and vans
Energy Working Party, Council of the EU, June 22th and 25nd, Brussels
Regulation on electricity: Examination of EP amendments relating to articles: articles 5, 9-10, 27-28, 54-57 (June, 22nd) and articles 11-12, 58 and 64a (June, 25th)
Directive on electricity: Examination of EP amendments relating to articles: Articles 10, 12, 14, 25-27, Annex I (Articles: 11, 13, 17) (June, 22nd) Articles 15-16, 57-60 (June, 25th)

Environment Working Party, Council of the EU, June 22nd and July 2nd and 3rd, Brussels
Environment, Public Health and Food Safety Committee (ENVI) of the European Parliament, June 28th, Brussels

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