Papers
The prospects of uniformization of the internal market of electricity in the European Union
Published:
2017-12-15
https://doi.org/10.21845/comp/2017/2/1
Author
View
Keywords
How To Cite
Selected Style:
APA
Sztanko, E. (2017). The prospects of uniformization of the internal market of electricity in the European Union. Competitio, 16(2), 3-22. https://doi.org/10.21845/comp/2017/2/1
Abstract
The European internal market of electricity is not yet uniform, although it has been moving toward this direction for the last two decades. The energy market position of the consumers has been strengthening, the liquidity and the cross-border trade of the European electricity markets has been increasing. The stronger competition limited the wholesale prices. Despite the backsliding or stagnating household and industrial consumption, however, the retail prices and the costs have been increasing. The EU has to carry on reforming the electricity market in order to satisfy the need for more flexible energy-systems, to increase the competition, to make the consumers react to price changes in a more flexible way, to create more cost-effective governmental/market measures to handle price volatilities, to finance investments, and to minimise cost increases. The most recent comprehensive recommendations of the European Committee intend to create a new electricity market model, however, it yet remains to see the reception of these on behalf of the member countries.
Journal of Economic Literature (JEL) code: Q48
References
Agora Energiewende (2016): Analysis Energy Transition in the Power Sector in Europe: State of Affairs in 2015. Review of the Developments and Outlook for
2016, Germany. Carbonpulse (2016): EU-ETS, 12. 2016.
EEX (2016): Phelix Power Futures EEX, Power Derivatives.
European Commission (2017): EU Energy in Figures. Statistical Pocketbook, Publications Office of the EU, Luxembourg.
Eurostat (2017): Electricity production, consumption and market overview, 2008-2017
Glachant, J. M. – Lévêque, F. (2009): The Electricity Internal Market in the European Union: What to do next? In: Glachant, J. M. –Lévêque, F. (eds.):
Electricity Reform in Europe. Edward Elgar Publishing Inc, UK:3–35. https://doi.org/10.4337/9781848446052.00009
He, X. – Keyaerts, N. – Azevedo, I. – Meeus, L. – Hancher, L. – Glachant, J. M. (2013): How to engage consumers in demand response: A contract perspective. Utilities Policy, Vol. 27, Dec.:108–122. https://doi.org/10.1016/j.jup.2013.10.001
Hope, E. – Singh, B. (2009): Harmonizing an Effective Regulation in Europe. In: Glachant, J. M. –Lévêque, F. (eds.): Electricity Reform in Europe. Edward Elgar Publishing Inc, UK: 89–105. https://doi.org/10.4337/9781848446052
Hyland, M. (2016): Restructuring European electricity markets. Utilities Policy, Vol. 38, Feb.:33–42. https://doi.org/10.1016/j.jup.2015.11.004
IRENA (2018): Renewable Power Generation Costs in 2017. International Renewable Energy Agency, Abu Dhabi: 26–58. Jogszabály 1: Directive 2003/96/EC –: Restructuring the Community framework for the taxation of energy products and electricity (Az energiatermékek és a villamos energia közösségi adóztatási keretének átszervezéséről).
ITRE Committee (2016): Energy Union: Key Decisions for the Realisation of a Fully Integrated Energy Market. Study, European Parliament, Brussels: 15–23, 36–51.
Jogszabály 1: Directive 2003/96/EC – Restructuring the Community framework for the taxation of energy products and electricity (az energiatermékek és a villamos energia közösségi adóztatási keretének átszervezéséről).
Jogszabály 2: Directive 2009/72/EC – Concerning common rules for the internal market in electricity (a villamos energia belső piacára vonatkozó közös szabályokról).
Jogszabály 3: Regulation 1227/2011 (EU) – Wholesale energy market integrity and transparency (a nagykereskedelmi energiapiacok integritásáról és átláthatóságáról).
Jogszabály 4: Communication C(2013) 7243 final – Making Delivering the internal electricity market and the most of public intervention (a villamos energia belső piacának megteremtése és az állami beavatkozások optimális hozzájárulása).
Jogszabály 5: Communication 2014/C 200/01 – Guidelines on State aid for environmental protection and energy 2014-2020 (iránymutatás a 2014 és 2020
közötti időszakban nyújtott környezetvédelmi és energetikai állami támogatásokról).
Jogszabály 6: Communication COM(2014) 0634 final – Progress towards completing the Internal Energy Market (haladás a belső energiapiac megvalósulása
felé).
Jogszabály 7: Communication COM(2015) 080 final – A Framework Strategy for a Resilient Energy Union with a Forward Looking Climate Change Policy (a
stabil és alkalmazkodóképes energiaunió és az előretekintő éghajlat-politika keretstratégiája).
Jogszabály 8: Communication COM(2016) 860 final – Clean Energy For All Europeans (tiszta energia minden európainak).
Jogszabály 9: Regulation COM(2016) 759 final – Governance of the Energy Union (rendelet az Energia Unió irányításáról).
Jogszabály 10: Report COM(2016) 769 final – Energy prices and costs in Europe (Energiaárak és -költségek Európában).
Marques, A. C. – Fuinhas, J. A. (2012): Are public policies towards renewables successful? Evidence from European countries. Renewable Energy, Vol. 44, Aug.:109–118. https://doi.org/10.1016/j.renene.2012.01.007
Pollitt, M. G. (2008): The future of electricity (and gas) regulation in a lowcarbon policy world. The Energy Journal, Vol. 29., No. 2: 63–94. https://doi.org/10.5547/issn0195-6574-ej-vol29-nosi2-5
Ruester, S. – Schwenen, S. – Finger, M. – Glachant, J. M. (2013.): A strategic energy technology policy towards 2050: No-regret strategies for European technology
push. International Journal Energy Technology and Policy, Vol. 9, No. 2:160–174. https://doi.org/10.1504/ijetp.2013.058143
Soroudi, A. – Rabiee, A. – Keane, A. (2017): Distribution networks’ energy losses versus hosting capacity of wind power in the presence of demand flexibility. Renewable Energy, Vol. 102, Part B:316–325. https://doi.org/10.1016/j.renene.2016.10.051
2016, Germany. Carbonpulse (2016): EU-ETS, 12. 2016.
EEX (2016): Phelix Power Futures EEX, Power Derivatives.
European Commission (2017): EU Energy in Figures. Statistical Pocketbook, Publications Office of the EU, Luxembourg.
Eurostat (2017): Electricity production, consumption and market overview, 2008-2017
Glachant, J. M. – Lévêque, F. (2009): The Electricity Internal Market in the European Union: What to do next? In: Glachant, J. M. –Lévêque, F. (eds.):
Electricity Reform in Europe. Edward Elgar Publishing Inc, UK:3–35. https://doi.org/10.4337/9781848446052.00009
He, X. – Keyaerts, N. – Azevedo, I. – Meeus, L. – Hancher, L. – Glachant, J. M. (2013): How to engage consumers in demand response: A contract perspective. Utilities Policy, Vol. 27, Dec.:108–122. https://doi.org/10.1016/j.jup.2013.10.001
Hope, E. – Singh, B. (2009): Harmonizing an Effective Regulation in Europe. In: Glachant, J. M. –Lévêque, F. (eds.): Electricity Reform in Europe. Edward Elgar Publishing Inc, UK: 89–105. https://doi.org/10.4337/9781848446052
Hyland, M. (2016): Restructuring European electricity markets. Utilities Policy, Vol. 38, Feb.:33–42. https://doi.org/10.1016/j.jup.2015.11.004
IRENA (2018): Renewable Power Generation Costs in 2017. International Renewable Energy Agency, Abu Dhabi: 26–58. Jogszabály 1: Directive 2003/96/EC –: Restructuring the Community framework for the taxation of energy products and electricity (Az energiatermékek és a villamos energia közösségi adóztatási keretének átszervezéséről).
ITRE Committee (2016): Energy Union: Key Decisions for the Realisation of a Fully Integrated Energy Market. Study, European Parliament, Brussels: 15–23, 36–51.
Jogszabály 1: Directive 2003/96/EC – Restructuring the Community framework for the taxation of energy products and electricity (az energiatermékek és a villamos energia közösségi adóztatási keretének átszervezéséről).
Jogszabály 2: Directive 2009/72/EC – Concerning common rules for the internal market in electricity (a villamos energia belső piacára vonatkozó közös szabályokról).
Jogszabály 3: Regulation 1227/2011 (EU) – Wholesale energy market integrity and transparency (a nagykereskedelmi energiapiacok integritásáról és átláthatóságáról).
Jogszabály 4: Communication C(2013) 7243 final – Making Delivering the internal electricity market and the most of public intervention (a villamos energia belső piacának megteremtése és az állami beavatkozások optimális hozzájárulása).
Jogszabály 5: Communication 2014/C 200/01 – Guidelines on State aid for environmental protection and energy 2014-2020 (iránymutatás a 2014 és 2020
közötti időszakban nyújtott környezetvédelmi és energetikai állami támogatásokról).
Jogszabály 6: Communication COM(2014) 0634 final – Progress towards completing the Internal Energy Market (haladás a belső energiapiac megvalósulása
felé).
Jogszabály 7: Communication COM(2015) 080 final – A Framework Strategy for a Resilient Energy Union with a Forward Looking Climate Change Policy (a
stabil és alkalmazkodóképes energiaunió és az előretekintő éghajlat-politika keretstratégiája).
Jogszabály 8: Communication COM(2016) 860 final – Clean Energy For All Europeans (tiszta energia minden európainak).
Jogszabály 9: Regulation COM(2016) 759 final – Governance of the Energy Union (rendelet az Energia Unió irányításáról).
Jogszabály 10: Report COM(2016) 769 final – Energy prices and costs in Europe (Energiaárak és -költségek Európában).
Marques, A. C. – Fuinhas, J. A. (2012): Are public policies towards renewables successful? Evidence from European countries. Renewable Energy, Vol. 44, Aug.:109–118. https://doi.org/10.1016/j.renene.2012.01.007
Pollitt, M. G. (2008): The future of electricity (and gas) regulation in a lowcarbon policy world. The Energy Journal, Vol. 29., No. 2: 63–94. https://doi.org/10.5547/issn0195-6574-ej-vol29-nosi2-5
Ruester, S. – Schwenen, S. – Finger, M. – Glachant, J. M. (2013.): A strategic energy technology policy towards 2050: No-regret strategies for European technology
push. International Journal Energy Technology and Policy, Vol. 9, No. 2:160–174. https://doi.org/10.1504/ijetp.2013.058143
Soroudi, A. – Rabiee, A. – Keane, A. (2017): Distribution networks’ energy losses versus hosting capacity of wind power in the presence of demand flexibility. Renewable Energy, Vol. 102, Part B:316–325. https://doi.org/10.1016/j.renene.2016.10.051