Étiqueté : European Union

Regional dimensions to Europe’s energy integration

The European Commission initially encouraged regional groupings as the bottom-up building blocks of energy market integration, at a time when, in the mid-2000s, no further EU-wide energy legislation seemed possible. But, once the Third Package was passed in 2009, the Commission decided to rush the market integration process by means of top-down centralised harmonisation. This paper argues it is neither feasible nor desirable to try to leap-frog the regional phase of energy market integration…

The end of EU climate leadership

A number of influential industry lobby organizations in EU countries such as Germany are arguing that the EU should not continue its path as a leader on climate policy as other big emitter countries have not followed its lead. These lobbyists argue that further EU decar-bonisation action would endanger the global competitiveness of entire industry sectors. Many Germany and EU based energy-intensive industries are facing structural problems, worsened by the present economic crisis…

Electricity without borders: a plan to make the internal market work

The most straightforward European single energy market design would entail a European system operator regulated by a single European regulator. This would ensure the predictable development of rules for the entire EU, significantly reducing regulatory uncertainty for electricity sector investments. But such a first-best market design is unlikely to be politically realistic in the European context for three reasons…

Cooperation mechanisms of the EU renewable energy directive and flexible mechanisms of the Kyoto Protocol

This working paper discusses similarities and differences between the cooperation mechanisms of the EU renewable energy directive (RES directive) and the flexible mechanisms of the Kyoto Protocol. The cooperation mechanisms allow the (virtual) trade of renewable energy and were introduced with the RES directive to provide Member States with greater flexibility to achieve their national targets for renewable energy sources…

Living with intermittent renewable power – Challenges for Spain and the EU

Spain is living with a high penetration of intermittent renewable power from wind and solar PV. Other EU electricity markets will soon have to do the same, if they are not already doing so. This Comment summarizes a number of the challenges facing Spain as a result of this form of de-carbonization, and also considers the implications for the EU

The role of the EU in promoting international standards in the area of climate change

The aim of this paper is to assess whether and to what extent the European Union can be considered a world leader in stimulating the development of international climate change standards through a variety of international organizations and processes as a way of spurring necessary international cooperation

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