10-03-2010 :
Power Plant Basics
At the invitation of EPPSA (European Power Plant Suppliers Association)
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References
Please find hereunder lists of items used to index articles in the Newsletter. Click on any of them to see all the articles related to it. Items which have have sub-
divisions do not return articles related to sub-items, but only to themselves.
The EEF follows news and events that have a long-lasting impact on, or that set a technical/legal framework for
the European energy sector, especially in the context of competitiveness, security of supply, and the environment.
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Actions & Policies
Actions and policies set by (amongst others) the European Union to reach the aims set by political decisions
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Aims
Aims targeted by the event or mentioned in the news
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Context
General context of the event/news
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Tools
Technical, administrative, legal and financial tools used to carry out the policies.
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Directive on takeover bids (Text with EEA relevance)
The directive aims to establish minimum guidelines for the conduct of takeover bids for the securities of companies governed by the laws of Member States, where all or some of those securities are admitted to trading on a regulated market. Ensuring by the same token an adequate level of protection for holders of securities throughout the Community, it provides for a framework consisting of certain common principles and a limited number of general requirements which Member States are to implement through more detailed rules in accordance with their national systems and their cultural context. Member States are to transpose the directive no later than two years after its entry into force.
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European Strategy for Sustainable, Competitive and Secure Energy (Commission Green Paper)
The Green Paper on a European Strategy for Sustainable, Competitive and Secure Energy is a consultation document designed to stimulate ideas on what should be done to deal with practical challenges and problems. On the basis of the response to this Green Paper, the Commission would like to develop more concrete ideas on a number of energy issues. This consultation will be open for 6 months. The closing date is 24 September 2006.
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GREEN PAPER on greenhouse gas emissions trading within the European Union
To meet the target set in the Kyoto Protocol on climate change - to reduce greenhouse gas emissions in the Union by 8 % between 2008 and 2012 compared with 1990 levels - this Green Paper, which marks the first stage in a consultation process, sets out the Community approach to emissions trading, one of the flexible mechanisms recommended in the protocol to attain the reduction target which is due to come into operation at international level from 2008 onwards. Under this scheme, companies are allocated greenhouse gas emission allowances, in line with their government's environmental objectives, and can then trade them with each other to achieve the best cost-effectiveness.
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Green Paper on security of energy supply
The Green Paper outlines a long-term energy strategy in which the EU must:
* rebalance its supply policy by clear action in favour of a demand policy.
The margins for manoeuvre are more important with regard to demand rather than to an increase in Community supply. An attempt at controlling the growth of demand ought to be made, notably by encouraging a real change in consumer behaviour through, for example, taxation measures. With regard to supply, priority should be given to the action to combat global warming, notably by promoting new renewable energy sources for example, financing their development with financially viable energy.
* undertake an analysis of the contribution of nuclear energy in the middle term.
Without action, the contribution of nuclear energy will become even weaker in the future. Whilst examining nuclear energy in terms of its future contribution, issues such as global warming, security of supply and lasting development should be debated. Whatever the conclusions of this reflection, research in the area of security of nuclear waste management must be actively pursued.
* provide a stronger mechanism to build up strategic stocks and to foresee new import routes for increasing amounts of oil and gas.
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Merger Legislations
While companies combining forces (referred to below as mergers) can expand markets and bring benefits to the economy, some combinations may reduce competition. Combining the activities of different companies may allow the companies, for example, to develop new products more efficiently or to reduce production or distribution costs. Through their increased efficiency, the market becomes more competitive and consumers benefit from higher-quality goods at fairer prices.
However, some mergers may reduce competition in a market, usually by creating or strengthening a dominant player. This is likely to harm consumers through higher prices, reduced choice or less innovation. Increased competition within the European single market and globalisation are among the factors which make it attractive for companies to join forces. Such reorganisations are welcome to the extent that they do not impede competition and hence are capable of increasing the competitiveness of European industry, improving the conditions of growth and raising the standard of living in the EU. The objective of examining proposed mergers is to prevent harmful effects on competition. Mergers going beyond the national borders of any one Member State are examined at European level. This allows companies trading in different EU Member States to obtain clearance for their mergers in one go.
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Treaty establishing the European Atomic Energy Community (Euratom)
The Treaty establishing the European Atomic Energy Community (EAEC or EURATOM Treaty) is one of the founding treaties of the European Union. The Treaty was originally drafted in the 1950s and addresses the issues in the field of nuclear power that were relevant at that time. These include radiation protection of the work force and the public (Chapter III), the supply of nuclear fissile materials for the developing nuclear power sector (Chapter VI), the safeguarding of this nuclear fissile materials to prevent it from being used for unauthorised military purposes (Chapter VII) and general aspects such as research and dissemination of information. Under the provisions of the EURATOM Treaty, the European Commission acquired the status of a supranational regulatory authority in three areas: radiation protection, supply of nuclear fissile materials and nuclear safeguards. Of these, the former has clear relevance to the operation of all facilities handling radioactive substances, whether they are nuclear power plants, radioactive waste storages / disposal facilities or institutions outside the nuclear power sector such as research centres and hospitals. In all these facilities, certain EU-wide norms of limiting radiation exposure must be respected. However, the EURATOM Treaty makes little or no specific mention of aspects such as operational safety of nuclear power plants and radioactive waste storages or disposal facilities (i.e. criteria or norms to be respected, during either design or operation of these facilities). This may have been because at the time the Treaty was drawn up, these were not major concerns. As a result, regulatory activities in these areas have developed along national lines under the responsibility of national authorities. International organisations such as the IAEA and, to a lesser extent, the OECD/NEA have, through their efforts, resulted in a certain standardisation at the qualitative level of the design, operational and maintenance aspects of these nuclear installations. Several international conventions have helped to establish a culture of best practice amongst the Member States of these organisations (which include all the EU Member States).
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- Electricity
- EURELECTRIC (Union of the Electricity Industry)
- CEER (Council of European Energy Regulators)
- ETSO (European Transmission System Operators)
- CENTREL (Regional group of four Candidate countries power companies)
- NORDEL (Organization for Nordic Power cooperation)
- Gas
- EUROGAS : European Union of the Natural Gas Industry
- General and international
- Renewable Energy Sources and Energy Demand Management
- COGEN Europe : European Association for the Promotion of Cogeneration
- EUFORES : European Forum for Renewable energy Sources
- Observ'ER : Observatoire des Energies Renouvelables
- managEnergy : promotion of good practice at local and regional level
- EnR : European Energy Network
- AFBnet : European Agriculture and Forestry Biomass Network
- CREST: Centre for Renewable and Sustainable Technology
- IWR : Internationales Wirtschaftsforum Regenerative Energien
- European Sustainable Cities & Towns Campaign
- EWEA: European Wind energy Association
- EUREC : European Union Renewable energy Centres Agency
- CADDET : IEA information Centres on demonstration projects in Renewable Energy Sources (CADDET-RE) and Energy Efficiency (CADDET-EE)
- ECN : Energy Research Centre of the Netherlands
- NREL : U.S. Department of Energy's laboratory for renewable energy and energy efficiency R&D
- EREC: European Renewable Energy Council
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