The establishment of a seamless electricity transmission system and the completion of a single market for electricity in Europe are currently hindered by the lack of adequate answers to several, often basic, questions concerning the coordination of actions and decisions, the sharing of costs and benefits, and solidarity beyond costs and benefits. This research report, prepared by the Florence School of Regulation, looks at the development of the past decades and identifies the existence of three core ‘missing pillars’ which explain, at least partially, why the European electricity system is affected by numerous blocking factors. The report presents two case studies that show the importance and utility of looking at what is blocking the integration and the decarbonisation of the European electricity sector through the lens of coordination, sharing and solidarity. By doing that, the report offers a set of non-technical recommendations that points out key roles, tasks and responsibilities at national and European level for removing the two ‘roadblocks’ represented, on the one hand, by redispatching costs and, on the other, by capacity adequacy and electricity crisis management.
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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