Promotion of renewable energy in a liberalised energy market
N.I. Meyer
Renewable Energy, 1998, vol. 15, issue 1, 218-223
Abstract:
Liberalisation of energy markets has been progressing among OECD countries since the early nineties. In Europe this trend was accelerated by the decision in December 1996 by the EU Council of Ministers to adopt a new EU directive on liberalisation of the electricity market. This decision was based on the assumption that a liberalised market with commercial competition would lead to higher efficiency and lower consumer prices. Most EU governments have accepted the new EU directive based on these commercial arguments. Denmark has, however, been in a different situation because its energy policy is based primarily on environmental considerations. Danish energy policy involves government promotion of energy conservation and of systems based on renewable energy sources. This type of policy may in some instances conflict with the principles of the unregulated commercial market.
Keywords: Liberalised electricity market; renewables; public service obligations (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:15:y:1998:i:1:p:218-223
DOI: 10.1016/S0960-1481(98)00162-1
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