In the spring of 2007, the European Council agreed on a policy vision with three components: the green component (to promote a sustainable energy economy), the market component (to enhance efficiency and competition) and the security of supply component (to secure the EU’s energy supply). With regard to these three components, distinct implementing paths and action lines were developed. The existence of separate implementing paths entails some coordination issues. Coordination is necessary here to guarantee that the three action lines are integrated into a consistent EU Energy Policy. EU Energy policy needs to get smarter and align the incentives deriving from the three components to produce an integrated vision that moves beyond 2020. 22 policy recommendations can then be formulated for the most relevant energy-related issues which the EU is facing nowadays.
This policy brief, written in May 2024, provides an overview of the international carbon market landscape and describes the status quo in terms of the degree of its integration and [...]
Aviation is crucial for Europe's mobility, connectivity and competitiveness. With over 900 million air passengers travelling to, from and within the European Union each year, Europe makes up a third [...]
Lack of interoperability is increasingly becoming a significant issue in the electricity sector. The need to integrate a growing amount of distributed resources, such as renewable energy sources and electric [...]
The energy transition calls for a rapid expansion of electricity grids at both transmission and distribution levels. Technological progress and digitalisation offer new solutions to system needs that can increase [...]
The interaction of “Contracts”, “Markets” and “Law and Regulation” have informed the economic analysis of market economies for over 40 years. One of the main lessons learnt is that (contracts), [...]
Rail transport and inland waterways are crucial to achieve the objectives outlined in the Green Deal agenda. These aims include a 55% reduction in greenhouse gases by 2030 and attaining [...]
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