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Chapter 2: The European Energy Conundrum: Power Failure

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  • Giuseppe Bertola
  • John Driffill
  • Harold James
  • Hans-Werner Sinn
  • Jan-Egbert Sturm
  • Ákos Valentinyi

Abstract

European energy policy is currently poorly coordinated between the member states of the European Union, although substantial gains could be achieved through enhanced cooperation both at the European and the global level. The argument in favour of a European energy union – a genuine common energy market with common regulation – is even stronger than the case that was successfully made in the 1980s and 1990s for a monetary union.

Suggested Citation

  • Giuseppe Bertola & John Driffill & Harold James & Hans-Werner Sinn & Jan-Egbert Sturm & Ákos Valentinyi, 2015. "Chapter 2: The European Energy Conundrum: Power Failure," EEAG Report on the European Economy, CESifo Group Munich, vol. 0, pages 51-65, February.
  • Handle: RePEc:ces:eeagre:v::y:2015:i::p:51-65
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    File URL: http://www.cesifo-group.de/DocDL/eeag_report_chap2_2015.pdf
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    References listed on IDEAS

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    1. Alfredo Macchiati & Carlo Scarpa, 2014. "The European electricity market killed in its cot: short story of the Cronus of Brussels," Mercato Concorrenza Regole, Società editrice il Mulino, issue 1, pages 101-116.
    2. Hans-Dieter Karl, 2012. "Erneuerbare Energieträger zur Stromerzeugung unterschiedlich nah an der Wettbewerbsfähigkeit," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 65(12), pages 15-16, June.
    3. Hans-Werner Sinn, 2008. "Public policies against global warming: a supply side approach," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 15(4), pages 360-394, August.
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