Achievements and Challenges in European Energy Markets

The European electricity and gas markets have been deregulated more than two decades before. From rather diverse starting points, they have continuously evolved over the years to accommodate with new challenges and to improve integration. Since 2005, these markets have been complemented by the marke...

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Main Author: Christoph Weber
Format: Article
Language:English
Published: IEEE 2023-01-01
Series:Journal of Modern Power Systems and Clean Energy
Subjects:
Online Access:https://ieeexplore.ieee.org/document/10049813/
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author Christoph Weber
author_facet Christoph Weber
author_sort Christoph Weber
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description The European electricity and gas markets have been deregulated more than two decades before. From rather diverse starting points, they have continuously evolved over the years to accommodate with new challenges and to improve integration. Since 2005, these markets have been complemented by the market for emission certificates established by the European Union (EU) emission trading system. Three partly competing paradigms have thereby shaped the markets and continue to drive their on-going transformation: effective competition, sub-sidiarity and sustainability.
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spelling doaj.art-f5782840ea2f42409e0d92c729f9d28e2023-05-31T23:00:40ZengIEEEJournal of Modern Power Systems and Clean Energy2196-54202023-01-0111369870410.35833/MPCE.2023.00006110049813Achievements and Challenges in European Energy MarketsChristoph Weber0University of Duisburg-Essen,Essen,GermanyThe European electricity and gas markets have been deregulated more than two decades before. From rather diverse starting points, they have continuously evolved over the years to accommodate with new challenges and to improve integration. Since 2005, these markets have been complemented by the market for emission certificates established by the European Union (EU) emission trading system. Three partly competing paradigms have thereby shaped the markets and continue to drive their on-going transformation: effective competition, sub-sidiarity and sustainability.https://ieeexplore.ieee.org/document/10049813/Electricity markerEuropecarbon pricingmarket designderegulationdecarbonization
spellingShingle Christoph Weber
Achievements and Challenges in European Energy Markets
Journal of Modern Power Systems and Clean Energy
Electricity marker
Europe
carbon pricing
market design
deregulation
decarbonization
title Achievements and Challenges in European Energy Markets
title_full Achievements and Challenges in European Energy Markets
title_fullStr Achievements and Challenges in European Energy Markets
title_full_unstemmed Achievements and Challenges in European Energy Markets
title_short Achievements and Challenges in European Energy Markets
title_sort achievements and challenges in european energy markets
topic Electricity marker
Europe
carbon pricing
market design
deregulation
decarbonization
url https://ieeexplore.ieee.org/document/10049813/
work_keys_str_mv AT christophweber achievementsandchallengesineuropeanenergymarkets