Agenda Profile: Mart Maastik

First reading of the Draft Act amending the Electricity Market Act and other acts (termination of universal service and ensuring security of supply) (Bill 351 SE)

2024-02-14

15th Riigikogu, 3rd session, plenary session

Political Position
The political focus is currently on the draft amendment to the Electricity Market Act. While the goal of ensuring security of supply is supported, there is strong opposition to terminating the universal service. The official stance is aimed at preserving and enhancing the universal service to prevent future market failures and guarantee consumer certainty. The political framework is centered on policy and risk management, emphasizing lessons learned from the experience of the 2022 energy crisis.

2 Speeches Analyzed
Topic Expertise
The speaker demonstrates comprehensive knowledge of energy market mechanisms, utilizing specific terminology such as market failure, CO2 quota, exchange bubble, and anomalous price spikes. The expertise focuses on developing crisis measures and regulatory solutions (e.g., a price cap) to protect consumers and businesses. A detailed proposal is presented for funding the price cap using revenue generated from the CO2 tax.

2 Speeches Analyzed
Rhetorical Style
The style is formal, analytical, and cautious, especially in the first speech, where the minister is questioned about crisis preparedness. The second speech employs logical arguments and historical references (the 2022 crisis, Eesti Energia profits) to support the position that "a wise person thinks ahead." The tone is critical of previous crisis management, but constructive when proposing solutions.

2 Speeches Analyzed
Activity Patterns
Data is available only for a single day (February 14) of the parliamentary debate, which centered on the first reading of the draft Electricity Market Act. Other activity patterns, such as frequency of speeches or meetings, are unavailable. This constitutes active involvement in the legislative process.

2 Speeches Analyzed
Opposition Stance
The opposition is directed squarely at the government’s policy to end the universal service, a move widely considered short-sighted and dangerous given the current crisis environment. The criticism is policy-driven, specifically asking if, when the next crisis inevitably hits, the government will once again be forced to "scramble and rush" to quickly devise some kind of measures. Furthermore, the state-owned monopoly, Eesti Energia, is being criticized for raking in extraordinary profits during the crisis.

2 Speeches Analyzed
Collaboration Style
The speaker refers to discussions in the Economic Committee and notes that the social democrats had previously offered a similar price cap proposal, which suggests an openness to finding political allies regarding specific measures. This cooperation emphasizes the state's role as a "serious guarantor" in a force majeure situation.

2 Speeches Analyzed
Regional Focus
The focus is on national energy policy and international competitiveness, emphasizing the need to create a level playing field with other European countries in the common market. Neighboring countries' support mechanisms for reducing energy prices are mentioned. There is no specific regional or local focus.

2 Speeches Analyzed
Economic Views
Economic perspectives emphasize the state's role in stabilizing the market during market failures and anomalous price spikes, supporting regulatory intervention through price caps. It is crucial to protect businesses and ordinary citizens and ensure competitiveness within the European single market. Revenue generated from the CO2 tax is viewed as a means of stabilizing the market.

2 Speeches Analyzed
Social Issues
There is insufficient data. The social aspect is limited to protecting ordinary citizens and businesses from the energy crisis and high electricity prices, which is rather an issue of economic stability.

2 Speeches Analyzed
Legislative Focus
The main legislative priority is the draft act (351 SE) on amending the Electricity Market Act and other acts. The speaker opposes the bill regarding the termination of the universal service and proposes, on behalf of the Isamaa Party, not to terminate the service, but rather to supplement and refine it.

2 Speeches Analyzed