Long-term transmission rights promotes competition, fosters investment of new entrants facilitating, in this way, the efficient renewable deployment across the EU member states, and helps the efficient use of interconnectors. However, EU regulations only require long-term transmission rights of up to one-year term. The lack of longer term transmission rights appears to be inconsistent with the twin EU goals of electricity markets integration and ambitious renewable target. Other countries experiences show that longer term transmission rights are viable and proved to be important for promoting investment efficiency and market competition. In addition, longer term financial transmission rights provides information about the need of interconnection investment.
We examine the optimal behavior of carbon-emitting companies operating under the European Union Emission Trading System (EU ETS), under which firms are obliged to purchase emission permits on the secondary [...]
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 [...]
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