Energy Union proposals to unlock the benefits of demand side flexibility and energy efficiency
The energy sector has embarked on a fundamental transformation. A crucial element of this transformation is the development of the demand side of energy markets through energy efficiency, demand side response, distributed generation, storage, the use of digital technologies. It is leading to more efficient and innovative markets, services and technologies, and is helping the transition towards zero-carbon sources of energy and flexibility.
ESMIG, together with a group of 15 organisations representing the EU Energy sector, have agreed on a joint approach to deliver demand side flexibility and energy efficiency.
The joint declaration attached details seven proposals essential in delivering a smart and efficient energy system:
1. Providing market access for all demand-side resources
2. Promoting scarcity pricing and dynamic tariffs
3. Establishing the right for consumers to self generate and consume
4. Establishing system-wide adequacy assessments
5. Ensuring “Efficiency First” in system operation
6. Promoting the deployment of smart and integrated energy solutions
7. Ensuring better market surveillance & governance.