Single European energy Market: progress and some concerns

摘要

It is not simple to describe the Single market if there is not one. This paper offers a detailed description and analysis of the competitive and regulatory framework of the European energy market. Since the beginning, electricity markets had an essential role, because it was the starting point for the restructuring and it has been the market who determines the path for all the remaining energy markets, such as gas or carbon storage. Despite the trend being forward increased liberalisation and integration there are several obstacles that made and that are still making the European process a complex and difficult task. We discuss barriers and problems identified, starting from a classification on “old” European concerns and “new” European concerns on electricity markets in order to infer their detrimental effects or to find solutions to avoid them.