The EU internal electricity market: Done forever?

Taking a quarter-century to build Europe's internal market for electricity may seem an incredibly long journey. The aim of achieving a European-wide market might be reached, but we went through – and should continue to go through – a process subject to many adverse dynamics. The EU internal mar...

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Bibliographic Details
Published inUtilities policy Vol. 30; pp. 1 - 7
Main Authors Glachant, Jean-Michel, Ruester, Sophia
Format Journal Article
LanguageEnglish
Published Elsevier Ltd 01.09.2014
Subjects
Decentralization
Electricity
Energy market
EU internal market
Europe
Power sector reform
Renewable energy sources
Renewable integration
EU internal market
Renewable integration
Power sector reform
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Summary:Taking a quarter-century to build Europe's internal market for electricity may seem an incredibly long journey. The aim of achieving a European-wide market might be reached, but we went through – and should continue to go through – a process subject to many adverse dynamics. The EU internal market may derail greatly in the coming years from the effects of a massive push for renewables, as well as a growing decentralization of the production–consumption loop. Moreover, a serious concern is the risk of a definitive fragmentation of the European electricity market due to uncoordinated national moves with respect to renewable support and capacity mechanisms. •It took a quarter-century to build Europe's internal market for electricity.•The EU internal market may derail greatly in the coming years.•Reasons are a massive push for renewables and decentralization.•Member States implement uncoordinated national policies.•A serious concern is a (re-)fragmentation of the European electricity market.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
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ISSN:0957-1787
1878-4356
DOI:10.1016/j.jup.2014.05.003