The establishment of a seamless electricity transmission system and the completion of a single market for power in Europe are currently hindered by the lack of adequate answers to several, basic questions concerning the coordination of actions and decisions, the sharing of costs and benefits, and solidarity beyond costs and benefits. • The absence of these three core ‘pillars’ explains, at least partially, why the European electricity industry is currently affected by several critical issues. In some cases, these issues constitute ‘roadblocks’ on the path towards a fully integrated electricity system and a decarbonised energy sector. Redispatching actions, on the one hand, and capacity adequacy and crisis management, on the other, are two relevant examples of such roadblocks. • To remove these two roadblocks, we propose a set of recommendations that address the three missing pillars and clearly identify key roles, tasks and responsibilities both at national and supranational level. • Member States, industry stakeholders and society at large can have alternative and even opposing views of our suggestions and how to successfully confront the two roadblocks and the other critical issues. However, they should all acknowledge the necessity, while developing their own proposals, to deal with the missing pillars and provide explicit answers to the basic issues of coordination, sharing and solidarity.
The EU ETS with companion policies is more robust than relying solely on either regulatory or carbon-pricing interventions. Policies should be developed to account for the disparate impacts of the [...]
Customers are expected to play a fundamental role in the transition to a decarbonised and digitalised energy system. However, experience so far suggests that customer engagement in energy markets cannot [...]
This deliverable, which is part of the Horizon 2020 OneNet project, outlines the alignment activities carried out in OneNet Task 3.4, focusing on integrating the proposed electricity market concepts with [...]
Flexibility involves the adjustment of energy consumption or generation schedules to benefit the grid, for instance, providing services such as balancing, congestion management, and voltage control. Flexibility can be offered [...]