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.
The EU wants to oblige Member States to undertake closer regional cooperation in the avoidance and management of electricity crises. In cep’s view, this could avoid severe economic damage in Member States in the event of an electricity crisis. The duty to manage electricity crises primarily with measures which are compatible with the internal electricity market also facilitates efficient pricing on the wholesale electricity market.
The EU Commission’s proposed reform of the EU Energy Agency ACER and the creation of additional organisations aims to improve regulation of cross-border electricity networks and the wholesale electricity market. cep criticises the Commission’s proposals.
The “governance mechanism” aims to enable coordination of the energy policy measures of the Member States and the EU, and tighten planning and reporting duties. The EU Commission’s proposed Regulation creates clarity and reduces excess red tape. However, its authorisation for the Commission to design a financing platform for renewable energy projects is contrary to EU law.
The EU Commission wants to strengthen competition on the wholesale electricity markets. Cross-border power flows in the EU will also be increased. In cep's view, banning Member States from intervening in price formation on the wholesale electricity markets increases competition amongst electricity producers.
The recast of the Electricity Market Directive aims to give consumers a stronger influence on the retail electricity market and generally protect the market against state intervention. In cep’s view, however, it is misguided for electricity suppliers to have to offer tariffs with dynamic electricity prices when there is no corresponding demand.
The share of renewable energy in overall EU energy consumption is to increase to 27% by 2030. This is set out in the EU Commission’s Proposal for a Directive to promote energy from renewable sources (“renewables”) post-2021. In cep’s view, the Proposal allows Member States too much scope for developing inefficient and anti-competitive renewables support schemes.