On January, 20th-21st, the 513th plenary session of the European Economic and Social Committee will be held in Brussels. The EESC’s members: president of Employers of Poland Andrzej Malinowski and Vicepresident Janusz Pietkiewicz will take part in this event.
The plenary session is expected to include two important debates. First on COP 21: taking stock and looking ahead, with Miguel Arias Cañete, Commissioner for Climate Action and Energy, and second on the role of organized civil society in the democratic transition process: Tunisia with presentation by the Nobel Prize laureate – The Tunisian Quartet.
The Committee will also raise the issue regarding to the new project on the energy market and in reference to the legal framework for securitization.
The EESC underlines the importance of a new energy market design for achieving the climate-related policy goals of the European Union, most notably the expansion of renewable energy. The Committee acknowledges that many of the measures proposed by the European Commission in its Communication, such as the establishment of intraday markets or the removal of market-distorting national regulations, are steps in the right direction. However, the EESC would like the Commission to be more ambitious, in particular in terms of ensuring that energy prices become more transparent and reflect actual generation and costs. Moreover consumers should receive the adequate information and resources to become active market participants, and obstacles to market access for emerging local 'prosumers' are identified and removed.
According to the legal framework for securitization the EESC welcomes the proposals to establish a system of "simple, transparent and standardized" securitization. That is very important, for SMEs and households in particular. In the EESC's opinion small investors and consumers should not have access to securitization due to the complexity and risk involved - the Committee calls for a formal prohibition to be explicitly included in the texts of EP and Council.