The Future of the European Power Market

The European power market is undergoing significant changes. The EU has set an ambitious goal of reducing its greenhouse gas emissions by 40 per cent by 2030. This will require significant investment in renewable energy sources such as wind and photovoltaics as well as measured policies to deal with the fluctuating capacity offered by these renewables. The integration of national power systems into a single European system would provide huge benefits in smoothing such fluctuations, enabling the EU power market to further increase its reliance on renewables. Current power generators and government regulators will inevitably face challenges adapting to the new market environment, but experience from other countries and regions could provide useful guidance.

The Forum consists of a number of articles:

+ Fabio Genoese and Christian Egenhofer - Designing a Market for Low-Carbon Electricity
+ Michael Hogan - Power Market Design: Lessons from Experience
+ Christian Redl, Markus Steigenberger, Patrick Graichen - The 2030 Power System in Europe: Flexibility Needs, Integration
Benefits and Market Design Implications
+ Graham Weale - Future Changes and Challenges for the European Power Market

[Full text of articles can be found in the Intereconomics Archive two years after the initial publication]

• Primary Source

Intereconomics: Archive http://archive.intereconomics.eu/years/

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