Electricity without borders- a plan to make the internal market work
Georg Zachmann ()
in Blueprints from Bruegel
The most straightforward European single energy market design would entail a European system operator regulated by a single European regulator. This would ensure the predictable development of rules for the entire EU, significantly reducing regulatory uncertainty for electricity sector investments. But such a first-best market design is unlikely to be politically realistic in the European context for three reasons. First, the necessary changes compared to the current situation are substantial...
Date: Written 2013-09 Originally published 2013-09.
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