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Electricity Liberalisation in the European Union: A Progress Report

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Author Info

  • Pollitt, M.G.

Abstract

It is around 5 years since my colleague, Tooraj Jamasb, and I reviewed the EU’s progress with electricity reform (Jamasb and Pollitt, 2005). At that time many countries were still struggling to implement elements of the EU wide policy on electricity sector liberalisation that they had signed up to. In this short update paper we review the latest evidence on progress with electricity liberalisation in the EU. We begin with a short review of the legislative background. We continue with a look at the evolution of markets and trading in electricity across the EU. Next we outline progress with the key reform elements and their impact on market structure issues within the EU. We look at the performance of the whole sector and company level performance. We proceed to discuss progress in reducing emissions and promoting renewables. In closing we note recent developments in electricity reform.

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File URL: http://www.econ.cam.ac.uk/research/repec/cam/pdf/cwpe0953.pdf
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Bibliographic Info

Paper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 0953.

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Date of creation: 16 Dec 2009
Date of revision:
Handle: RePEc:cam:camdae:0953

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Web page: http://www.econ.cam.ac.uk/index.htm

Related research

Keywords: Single European Electricity Market; Electricity Directive;

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Cited by:
  1. Daisy Shen & Qing Yang, . "Electricity Market Regulatory Reform and Competition – Case Study of the New Zealand Electricity Market," Chapters, Economic Research Institute for ASEAN and East Asia (ERIA).
  2. Nepal, Rabindra & Jamasb, Tooraj, 2013. "Caught Between Theory and Practice: Government, Market and Regulatory Failures in Electricity," Cambridge Working Papers in Economics 1308, Faculty of Economics, University of Cambridge.
  3. Isabel Soares & Andres Faina & Jose Lopez & Laura Varela-Candamio, 2012. "What’s Happening to the European Electricity Market?," European Research Studies Journal, European Research Studies Journal, vol. 0(Special I), pages 145-156.
  4. Erdogdu, Erkan, 2010. "Electricity Market Reform: Lessons for developing countries," MPRA Paper 27317, University Library of Munich, Germany.
  5. van der Weijde, Adriaan Hendrik & Hobbs, Benjamin F., 2012. "The economics of planning electricity transmission to accommodate renewables: Using two-stage optimisation to evaluate flexibility and the cost of disregarding uncertainty," Energy Economics, Elsevier, vol. 34(6), pages 2089-2101.
  6. Isabel Soares & Paula Sarmento, 2012. "Unbundling in the Telecommunications and the Electricity Sectors: How Far should it Go?," European Research Studies Journal, European Research Studies Journal, vol. 0(Special I), pages 157-194.
  7. Nadia Chernenko, 2013. "The Russian Electricity Supply Industry: from Reform to Reform?," Cambridge Working Papers in Economics 1342, Faculty of Economics, University of Cambridge.
  8. Jacques Pelkmans & Lionel Kapff, 2010. "Interconnector Investment for a Well-functioning Internal Market. What EU regime of regulatory incentives?," Bruges European Economic Research Papers 18, European Economic Studies Department, College of Europe.
  9. Pompei, Fabrizio, 2013. "Heterogeneous effects of regulation on the efficiency of the electricity industry across European Union countries," Energy Economics, Elsevier, vol. 40(C), pages 569-585.

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