European Energy Journal, 2013, Vol. 3, No. 2, pp. 23-31To meet EU climate and energy policy objectives, the energy sector must undergo substantial structural changes in the coming decades. Various challenges will originate from both supply and demand side, including an increase in variability and intermittency of generation, or the proliferation of distributed energy/power resources like distributed generation, controllable demand and electric vehicles. Some stakeholders claim today that larger variability and intermittency of supply must inevitably go with a significant development of electricity storage. But storage technologies are only one possible type of means – amongst others like flexible generation and demand side management – to provide various services to the system. To face up with the challenges of the future power system, hence, a comprehensive approach to assess how to enable the development and deployment of electricity storage (and in the broader sense also of other flexibility means) has to be developed. We analyze whether the benefits that storage can provide are already recognized and valorized by the existing market design and regulation. First, we discuss whether electricity storage is a special class of assets for the future power system that should be supported by some particular market design or regulation. Second, we identify viable business models and, finally, discuss whether current market rule setting and regulation allow for these business models.
The Brief explores pathways to promote a sustainable agricultural trade regime for the EU. We identify three challenges and propose three potential paths forward. We discuss potential implications of the [...]
The rewable energy resources within EU27 are highly dominated by wind and solar energy delivering electricity as output. As electrification is the most efficient way to deliver the energy services [...]
Manufacturing firms in the EU face the double challenge of decarbonisation and (international) competitive pressure. Based on the key findings of the 2024 EIB investment survey and considering the economic [...]
Regulation 1370/2007, as amended by the Fourth Railway Package, set the date of 25 December 2023 for the opening to competition of services subject to public service obligations. As opposed [...]
This policy brief contends that a new approach to Long Term Contracts (LTCs) in European competition policy based on new facts, new realities and a revised reasoning must be urgently [...]
In the North Seas region, a coalition of 9 countries expressed the ambition to quadruple their offshore wind capacity from 30 GW to 120 GW by 2030, and to then [...]
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