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Rethinking the EU Regulatory Strategy for the Internal Energy Market. CEPS Task Force Reports No. 52, 1 April 2004

Egenhofer, Christian and Gialoglou, Kyriakos. (2004) Rethinking the EU Regulatory Strategy for the Internal Energy Market. CEPS Task Force Reports No. 52, 1 April 2004. UNSPECIFIED.

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    Abstract

    A key message of this report is that full and effective implementation of proposed legislation will be necessary to ensure a true internal market for energy in the EU, but this alone will not be sufficient. In parallel, more attention must be paid to other, less-prominent fields. The report singles out i) the introduction of incentive-based network regulation and ii) the careful design of principal elements of the wholesale market, i.e. trade of electricity and gas for resale (‘wholesale market design and rules’). Moreover, the internal market needs to be buttressed with the consistent application of competition rules across member states to avoid the creation of national champions. The report also argues that a functioning electricity and gas market depends on market-compatible solutions to security of supply and environmental issues and a rethinking of ‘executive agencies’, whose use to date is inhibited by the Meroni doctrine.

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    Item Type: Other
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > regulations/regulatory policies
    EU policies and themes > Policies & related activities > energy policy
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Task Force Reports
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 02 Sep 2009
    Page Range: p. 72
    Last Modified: 06 Apr 2012 11:47
    URI: http://aei.pitt.edu/id/eprint/9540

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