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.
In 2014, the European Council laid down stricter targets for reducing carbon emissions for the period 2021-2030. The 2030 reduction target in the sectors covered by the EU Emissions Trading System (ETS) amounts to at least 43% as compared with 2005 levels. In order to achieve this, the EU-wide permitted volume of emissions ("Cap") will be reduced annually from 2021 by 2.2% instead of the current 1.74%. In addition, the "benchmarks", which aim to create incentives for reducing carbon emissions and are based on the average emission volume of the 10% most efficient installations in a sector in 2007 and 2008, will be subject to a blanket reduction.
The European requirements for economic reform and consolidation are being ignored in many capitals. The eurozone countries openly disagree on what role the market should play as a mechanism for ensuring discipline and coordination. To overcome this dilemma, the eurozone should agree on a sovereign default regime for its member states.
The EU Commission is convinced that EU legislation can be improved. With the "Better Regulation Package" it has therefore taken measures to increase the quality of legislation. cep considers whether it has been successful in this regard.
In the context of increasing electricity generation based on renewable energy, the Commission puts forward its ideas for redesigning the European electricity markets. Thus support for renewable energy should follow a more market-based concept. The simple provision of reserve capacity will only be remunerated by way of capacity mechanisms in the exceptional case that electricity supply cannot be secured by the electricity market itself.
In its Strategy for a Digital Single Market, the Commission lays down numerous measures to strengthen the European digital economy. This cepPolicyBrief deals with the second pillar of the Strategy (Digital networks and services). It deals, inter alia, with the reform of telecommunications regulations, the examination of the rules on audiovisual media services, online platforms, and with the rules on illegal content on the Internet.
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 negotiations between the EU and the US on the free trade agreement TTIP are a hot topic at the moment. Investment protection in particular is the subject of heated debate. The cep takes a closer look at what kind of investment protection is really needed.