An inadequate bidding zone configuration for the EU electricity market risks jeopardising the benefits of market integration for energy consumers, by increasing the need for costly remedial actions. According to the CACM Regulation, liquidity is one of the criteria for assessing different possible configurations in a bidding-zone review. The available evidence from Europe and the US does not seem to support the claim, often made, that larger bidding zones promote liquidity. While liquidity is important for the well-functioning of markets, it cannot promote competition if not supported by the capability of the physical network to transport flows within a bidding- zone. Therefore, what seems to be more relevant is the structure (concentration) of the sector with respect to the structure (congestions) of the network.
As stated by the OECD, “water security in many regions will continue to deteriorate due to increasing water demand, water stress and water pollution.” Indeed water supply and sanitation (WSS) [...]
Multimodal digital mobility services (MDMS) are instrumental to fostering multimodality as they promote comparability, transparency, and the selling of products across operators and modes. MDMS stand to directly benefit passengers [...]
We need to wonder if a reform of the EU internal electricity market would suffice to deliver EU energy security, decarbonization, and electrification. Regrettably, this is not the case. Let [...]
La crise énergétique a révélé l’incapacité de l’or- ganisation du marché européen de l’électricité à répondre aux trois défis de la décarbonation, de la sécurité d’approvisionnement et des prix abordables. [...]
Réussir l’électrification des usages pour mener la transition écologique et renforcer la souveraineté énergétique et industrielle de la France. Selon les principaux scénarios, la trajectoire de décarbonation entraînera une augmentation [...]
La notion de « réforme des marchés européens de l’électricité » est tout à fait d’actualité au moment où nous rédigeons ce document de travail, au début de l’année 2023. [...]
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