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"Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches. Leonardo Meeus explains the sequence of electricity markets in Europe from wholesale to balancing markets, forward transmission markets, capacity mechanisms, redispatching and flexibility markets. Chapters explore current issues including the new paradigm that places the citizen at the centre of the energy transition. Concluding that most of the market integration process in Europe so far has required horizontal coordination between transmission system operators in different countries, the book looks ahead to the importance of vertical coordination between the transmission and distribution. An invaluable book for energy policymakers and practitioners working in Europe, the solutions offered for contemporary issues will also be helpful for those working in international or multi-region electricity markets more widely. Academics involved in the world of electricity regulation will also find this an invigorating read"--
Electric utilities --- electricity markets --- integration process --- europe --- european union --- regulation --- network codes --- Europe. --- Council of Europe countries --- Eastern Hemisphere --- Eurasia
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What is the European energy strategy for 2050? How different is it from the 2020 energy strategy? What are the technology options? What are the policy options? This volume discusses the European ""2050 Energy Roadmap to a Low Carbon Economy: Energy Policy & Innovation."" The book represents the outcome of the Third Academic Roundtable of the Loyola de Palacio Chair at the European University Institute, held in Florence in May 2011. It introduces the most recent thinking regarding the European transition towards a low carbon future. The views presented include those of experts of the European C
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