Please note that this website will be undergoing technical maintenance between 28 and 31 August. Consequently, users may experience instabilities and limited functionality. We apologise for the inconvenience.
For a better user experience please update your browser or use Chrome or Firefox browser.
Utilities
Publication detail
HomeThe cost of non-Europe in the Single Market for energy
Publication metadata
This Cost of Non-Europe report is designed to contribute to a clearer understanding of the potential benefits of building a more open and competitive internal energy market in the European Union. Many gaps and barriers are identified from reviewing the existing literature. Each represents a specific cost for the EU citizens and is a missed opportunity to maximise economic welfare. Four illustrative cases are explored in detail. A common balancing market, for instance, would create large efficiency gains, estimated to be in the region of EUR 600-900 million per year. The specific case of regulated prices showed that about EUR 720 million could be saved per year in a country of the size of Spain or Poland. Progress in increasing the level of integration and interaction in the single energy market is also far from being satisfactory. Moving from a national, towards a full-integration scenario in the electricity sector alone would mean a decrease in total system cost of EUR 6 billion.
- Published:
- Corporate author(s): Directorate-General for Internal Policies of the Union (European Parliament)
- Personal author(s): Del Monte, Micaela
- Themes: Energy policy , Trade — Competition
- Subject: competitiveness , energy industry , energy policy , single market
|
PDF
|
|||
| ISSN | ISBN 978-92-823-4360-9 | DOI 10.2861/20053 | Catalogue number BA-32-13-349-EN-N |
|
Paper
|
|||
| ISSN | ISBN 978-92-823-4361-6 | DOI 10.2861/20067 | Catalogue number BA-32-13-349-EN-C |