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The EU Internal Electricity Market: Done Forever?

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Author Info

  • Jean-Michel Glachant
  • Sophia Ruester

Abstract

Taking a quarter-century to build a European internal market for electricity may seem an incredibly long journey. The aim of achieving a European-wide market might be reached, but we have gone through – and should continue to go through – a process subject to many adverse dynamics. The EU internal market may derail greatly in the coming years from the effects of a massive push for renewables, as well as a growing decentralization of the production-consumption loop. Moreover, a serious concern is the risk of a definitive fragmentation of the European electricity market due to uncoordinated national moves with respect to renewable support and capacity mechanisms.

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File URL: http://cadmus.eui.eu/bitstream/handle/1814/28123/RSCAS_2013_66.pdf?sequence=1
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File URL: http://hdl.handle.net/1814/28123
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Bibliographic Info

Paper provided by European University Institute in its series RSCAS Working Papers with number 2013/66.

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Date of creation: Oct 2013
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Handle: RePEc:rsc:rsceui:2013/66

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Related research

Keywords: EU internal market; Power sector reform; Renewable integration;

This paper has been announced in the following NEP Reports:

References

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  1. Haikel Khalfallah & Jean-Michel Glachant, 2012. "An assessment of the tools of incentive regulation in electricity networks," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 0(1), pages 121-152.
  2. Jean-Michel Glachant, 2010. "The Achievement of the EU Electricity Internal Market through Market Coupling," RSCAS Working Papers 2010/87, European University Institute.
  3. Zachmann, Georg, 2008. "Electricity wholesale market prices in Europe: Convergence?," Energy Economics, Elsevier, vol. 30(4), pages 1659-1671, July.
  4. Olmos, Luis & Pérez-Arriaga, Ignacio J., 2009. "A comprehensive approach for computation and implementation of efficient electricity transmission network charges," Energy Policy, Elsevier, vol. 37(12), pages 5285-5295, December.
  5. Weigt, Hannes & Hirschhausen, Christian von, 2008. "Price formation and market power in the German wholesale electricity market in 2006," Energy Policy, Elsevier, vol. 36(11), pages 4227-4234, November.
  6. Olmos, Luis & Ruester, Sophia & Liong, Siok-Jen & Glachant, Jean-Michel, 2011. "Energy efficiency actions related to the rollout of smart meters for small consumers, application to the Austrian system," Energy, Elsevier, vol. 36(7), pages 4396-4409.
  7. Arthur Henriot, 2013. "Financing investment in the European electricity transmission network: Consequences on long-term sustainability of the TSOs financial structure," RSCAS Working Papers 2013/27, European University Institute.
  8. Christian von Hirschhausen & Claudia Kemfert & Friedrich Kunz & Roman Mendelevitch, 2013. "Europäische Stromerzeugung nach 2020: Beitrag erneuerbarer Energien nicht unterschätzen," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 80(29), pages 3-13.
  9. Nikogosian, Vigen & Veith, Tobias, 2011. "Vertical integration, separation and non-price discrimination: An empirical analysis of German electricity markets for residential customers," ZEW Discussion Papers 11-069, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  10. Green, Richard, 2006. "Market power mitigation in the UK power market," Utilities Policy, Elsevier, vol. 14(2), pages 76-89, June.
  11. Luis Olmos & Sophia Ruester & Siok Jen Liong & Jean-Michel Glachant, 2010. "Energy Efficiency Actions Related to the Rollout of Smart Meters for Small Consumers," RSCAS Working Papers 2010/02fsr, European University Institute.
  12. Pasaoglu, Guzay & Honselaar, Michel & Thiel, Christian, 2012. "Potential vehicle fleet CO2 reductions and cost implications for various vehicle technology deployment scenarios in Europe," Energy Policy, Elsevier, vol. 40(C), pages 404-421.
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