This archive contains all documents published by cep over the last few years:
cepAdhoc: Incisive comment on current EU policy issues.
cepPolicyBrief: Concise 4-page reviews of EU proposals (Regulations, Directives, Green Papers, White Papers, Communications) – including a brief summary and economic and legal assessments.
cepInput: Impulse to current discussions of EU policies.
cepStudy: Comprehensive examination of EU policy proposals affecting the economy.
Many of the power plants currently still in the market will be shut down in the medium term due to their age. As, in addition, the incentive to invest in new secure power-plant capacity is low, due to low wholesale electricity prices, more and more Member States are starting to develop "capacity mechanisms" which provide extra remuneration for the provision of secure capacity.
The European Commission makes suggestions on how to speed up the construction of cross-border power lines. This is intended to implement the "electricity interconnection target", according to which the capacity of cross-border electricity interconnections with other Member States should constitute at least 10% of the domestic electricity generating capacity of every Member State.
The European Commission clarifies its Strategic Framework for an Energy Union and the associated climate and energy policy measures which it is planning for the coming years. It supports inter alia in this regard an expansion of cross-border gas infrastructure in the EU and tighter CO2 limits for motor vehicles.
Due to the one-sided dependence of many Central and Eastern European Member States of the EU on Russian gas imports, the options for joint gas purchasing from non-EU countries are currently discussed. This cepInput describes the economic impacts of mandatory as well as voluntary joint gas purchasing mechanisms in the EU and explains the legal preconditions for joint gas purchasing associations.
The European Council has agreed on the following key targets for the future climate and energy policy of the European Union for the period from 2021 to 2030: (1) to reduce the EU’s domestic greenhouse gas emissions by 40% relative to 1990 levels; (2) to increase the proportion of renewable energy to 27% of overall EU energy consumption; (3) to reduce projected energy consumption by 27%; (4) to increase the level in each Member State of electricity interconnections to other Member States to 15% of their installed production capacity.
By bringing infringement proceedings, the European Commission has increased the pressure on several Member States to transpose into national law the EU requirements for completion of the internal energy market. Member States will, in principle, refrain from state intervention in the internal energy market, with just a few exceptions – such as government support for renewable energy sources.
The European Commission used a "stress test" to examine the resilience of the European gas system and recommends measures which will have a positive impact on security of the gas supply in Europe. In particular, the Member States will cooperate to a greater extent on ensuring security of the gas supply.
The European Commission proposes measures to ensure a secure energy supply in the EU. It calls on the Member States to complete the internal energy market and protect critical infrastructures such as gas pipelines against the political influence of state-owned companies in non-EU countries. In addition, it considers voluntary demand aggregation in order to improve the negotiating position of individual EU energy importers with respect to energy exporters in non-EU countries.