The reform of the EU electricity market: An Italian point of view

Ester Benigni, Elisabetta Bourla, Fabio Conza and Stefano Nova

ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, 2023, vol. 2023/2, issue 2, 5-17

Abstract: This article aims to provide a critical analysis of the European Commission communication for a reform of electricity market design, proposed primarily after the energy crisis deriving from the Russia-Ukraine conflict. In particular, the present document highlights some reflections for more in-depth analyses of the electricity market modelling trends in response to crisis factors of a purely endogenous nature (e.g. drought, heat waves, a gradual phasing out of electric power generation with regulating capacity and its replacement with intermittent generation, simultaneous stresses) in relation to a profoundly changing ecosystem.

JEL-codes: D L98 Q48 (search for similar items in EconPapers)
Date: 2023
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