The EU Clean Energy Package (CEP) was finalised in June 2019 after the publication of its final texts in the Official Journal of the European Union, following trilogue negotiations between the European Commission, Council, and Parliament. It includes eight legislative texts - four directives and four regulations - on the electricity market and consumers, energy efficiency and the energy efficiency of buildings, renewables and bioenergy sustainability as well as governance of the Energy Union. In this
report, we will focus on three of the eight legislative texts. First is the Regulation on the Governance of the Energy Union and Climate Action (Regulation (EU) 2018/1999). Second is the directive on the promotion of the use of energy from renewable sources (Directive (EU) 2018/2001) that is commonly referred to as RED II. Third is the directive on common rules for the internal market in electricity (Directive (EU) 2019/944). We will assess the impact of this legislation on the European
internal electricity market rules compared to the framework established by the Third Energy Package. In this report, we present the background to the CEP provisions and weigh the possible implications of these measures.
In this special issue we focus on the digitalisation of infrastructure, and different infrastructure industries are analysed. Common challenges will be identified, as well as the specificities of each sector. [...]
Ofcom identified significant competition concerns in the UK pay TV market and proposed regulatory remedies to address them. For about ten years it tried to get these measure implemented. However, [...]
Most existing Emissions Trading Systems (ETSs) include their own specific Price Control Mechanism (PCM): a design feature which steers the allowance price into a desired range. Divergences along five key [...]
The environmental ambition of an ETS may be assessed considering three dimensions: emissions coverage, stringency and determinacy. Allowance prices are an imperfect metric for the stringency of an ETS. Yet, [...]