This report covers work performed in the context of the Impact Assessment of the Market Design Initiative, consisting of two parts. The first part focuses on electricity market operation and evaluates a number of policy options. The second part examines the behaviour of investors and assesses the ability of markets to sustain adequate levels of investments in future years. The study used modelling techniques based on the PRIMES model and electricity markets sub-models developed for the scope of the impact assessment.
Following-up the IEA’s authoritative work ‘Capturing the multiple benefits of energy efficiency’, this study is a first attempt to apply this framework to make a comprehensive quantitative assessment of such multiple benefits and their trade-offs. It shows that enhanced energy efficiency in Europe beyond a 27% target for 2030 could led to substantial social, economic and environmental effects.
This study examines the impact of diverging transmission tariff structures in EU member States. It explores some of the key issues in relation to transmission tariffs and outlines potential policy options for the Commission to consider. It also provide a summary of congestion income spending in EU Member States in recent years.
The present report describes and evaluates scenarios fostering the full integration of the Baltic electricity system within the EU power and market framework. Towards this goal, the de-synchronisation of the Baltic electricity grids from the Russia/Belarus system crucially represents a key-necessary requirement.
The study analyses the initial results from Horizon 2020 projects in four areas: Energy Efficiency, Low Carbon Energy (grids and storage), Low Carbon Energy Renewable Energy System Market Uptake and Smart Cities and Communities.
It comes in support to the Interim Evaluation of H2020 and the midterm review of the Multiannual Financial Framework.
The report first identifies and assesses options for collecting or calculating preliminary data (or ‘early estimates’) on annual energy consumption for EU Member States and the EU as a whole for the year t-1 (i.e. currently 2015) within eight to nine months of the end of the year.
The second part of the report focuses on producing the early estimates for the year 2015 both for the EU as a whole and for each EU Member State on the basis of the methodologies developed. This involves the calculation of early estimates of energy balances, of the renewable energy share in gross final energy consumption and in gross electricity generation.
The main goal of this report is to map and explain the sources of finance and corresponding clean energy investment opportunities that are interacting in the EU's clean energy finance landscape. Suggestions on how to usefully incorporate such findings in existing macro-economic models are then provided.
This case study examines the resilience of the EU economy to energy supply shocks and provides comparisons with six other global regions. Trends in the EU and other global regions are reviewed for key indicators that measure aspects of resilience to energy supply shocks. The case study then proceeds to present the results of new econometric analysis of the degree of substitutability between energy and other production factors across EU sectors.
The objective of this study is thus to provide an in-depth analysis of the electricity infrastructure developments in that region (especially the need of new interconnections), to understand the barriers (administrative, permitting, regulatory and financing aspects) towards the deployment of these projects, and to provide recommendations to progress on PCIs deployment in this region.