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 Europe-wide market might be reached, but it has involved – and continues to involve – a process subject to many adverse dynamics. The EU internal market may der...

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Bibliographic Details
Published inUtilities policy Vol. 31; pp. 221 - 228
Main Authors Glachant, Jean-Michel, Ruester, Sophia
Format Journal Article
LanguageEnglish
Published Elsevier Ltd 01.12.2014
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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 Europe-wide market might be reached, but it has involved – and continues to involve – 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 policy initiatives with respect to, for example, renewable support and capacity payments.
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ISSN:0957-1787
1878-4356
DOI:10.1016/j.jup.2014.03.006