A proposal for reforming an electricity market for a low-carbon economy

A proposal for reforming an electricity market for a low-carbon economy / Raphael Heffron, University of Stirling, EU energy policy blog, 8/11/2013

http://www.energypolicyblog.com/2013/11/08/a-proposal-for-reforming-an-electricity-market-for-a-low-carbon-economy/

The UK is currently reforming its electricity sector. This gives rise to some pertinent questions: Do the reforms go far enough and can more reforms be expected in the near future? The UK is not alone in its attempt to transform its electricity sector. The European Union has made three successive bids to reform the electricity market within the last two decades. The latest, namely the Third Energy Package, follows the previous two packages. The electricity sector has proved difficult to reform due principally to the competing demands of competition, energy security and climate change mitigation. Achieving all three in unison remains beyond the capabilities of most government administrations…


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