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.
Adequate, reliable and well interconnected energy networks are a prerequisite for a well functioning internal energy market and for meeting EU’s energy and climate policy objectives on greenhouse gases, cost-competitiveness [...]
Electricity network companies can innovate their own network business or stimulate system innovation, including by facilitating market activities and the integration of renewable energy sources. Regulation is essential to turn [...]
To enable deep electrification of the economy, a significant expansion of grid distribution capacity will be required. However, how much grid investments eventually will be needed depends on how the [...]
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