1 / 5

An Integrated Electricity Market Strengthens Europe’s Competitiveness

An Integrated Electricity Market Strengthens Europe’s Competitiveness. Pär Holmberg and Thomas Tangerås Research Institute of Industrial Economics (IFN) Stockholm. Wholesale electricity market. Advantages of market integration (cross-border trade). R educes production costs.

butterfly-nguyen
Télécharger la présentation

An Integrated Electricity Market Strengthens Europe’s Competitiveness

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. An Integrated Electricity Market Strengthens Europe’s Competitiveness Pär Holmberg and Thomas Tangerås Research Institute of Industrial Economics (IFN) Stockholm

  2. Wholesale electricity market

  3. Advantages of market integration(cross-border trade) • Reduces production costs. • Prices stabilized. • Improves competition in electricity markets • Mainly electricity consumers gain. • Increase employment and competitiveness of EU • Cheap reform (but politically expensive?)

  4. Local prices => Improved integration • Correct price of bottlenecks=>efficient power system. • EU design with one price per country can be abused.

  5. Avoid home-biased grid investments • European energy regulator supervise investments. • Merchant transmission lines as a complement.

More Related