The electricity prices in the European Union. The role of renewable energies and regulatory electric market reforms

Blanca Moreno, Ana López-Menéndez () and María Teresa García-Álvarez

Energy, 2012, vol. 48, issue 1, 307-313

Abstract: The European Union electricity market has been gradually liberalized since 1990s. Theoretically, competitive markets should lead to efficiency gains in the economy thus reducing electricity prices. However, there is a controversial debate about the real effects of the electricity liberalization on electricity prices. Moreover, the increased generation of electricity from renewable energies RES-E (Electricity from Renewable Energy Sources) is also integrated in wholesale market reducing wholesale prices, but the final effect over household prices is not clear.

Keywords: Electricity prices; Renewable energy; Electricity market; Liberalization (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:48:y:2012:i:1:p:307-313

DOI: 10.1016/j.energy.2012.06.059

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