Electricity Internal Market in the European Union: What to do next?

Jean-Michel Glanchant and François Lévêque

Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge

Abstract: Like in the US, the EU “internal electricity market” remains unfinished and its construction can stall, fracturing into “national blocks” separated by permanent “border effects”. This is exactly what this paper seeks to avoid in the expected life of the current European Commission (2005-2009). It identifies the critical factors: national and EU market designs, industry structure and competition policy, deeper regional cooperation between TSOs and Regulators. It suggests 8 priority actions and 12 secondary improvements to sustain the dynamics of the construction of an EU set of open r egional markets with limited “border effects”, and explains the rationale for these recommendations.

Keywords: European Policy; European Electricity Market; Electricity Market Design; Electricity Regulation (search for similar items in EconPapers)
JEL-codes: L51 L52 L94 Q48 (search for similar items in EconPapers)
Pages: 23
Date: 2006-03
New Economics Papers: this item is included in nep-eec and nep-ene
Note: IO
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cam:camdae:0623

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