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Pregled bibliografske jedinice broj: 540055

Current progress in creating EU internal electricity market - where is EU now?


Jakovac, Pavle
Current progress in creating EU internal electricity market - where is EU now? // 1st International Confernce "Economic System of the European Union and Accession of Bosnia & Herzegovina" / Kandžija, Vinko (ur.).
Rijeka: Ekonomski fakultet Rijeka, 2012. str. 237-251 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)


Naslov
Current progress in creating EU internal electricity market - where is EU now?

Autori
Jakovac, Pavle

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
1st International Confernce "Economic System of the European Union and Accession of Bosnia & Herzegovina" / Kandžija, Vinko - Rijeka : Ekonomski fakultet Rijeka, 2012, 237-251

ISBN
978-953-7813-09-3

Skup
First International Conference ''Economic System of European Union and Accession of Bosnia & Herzegovina''

Mjesto i datum
Vitez, Bosna i Hercegovina, 22-23.09.2011

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
European Union; internal electricity market; liberalization effects; Directive 2009/72/EC; Regulation EC/713/2009

Sažetak
Electricity market liberalization in the EU began in the early 1990’s with the belief that introduction of competition will result with strong and flexible markets where competence and effective regulation will lead to cost-efficient production and lower electricity prices. Other expected advantages were competition increase among market participants, significant cross-border trade and interconnection capacities as well as diminishment of market concentration. Nevertheless, liberalization process of the EU electricity market still has not resulted with the creation of a fully integrated, unified and uniform market. Barriers that prevent the establishment of competitive electricity market in Europe are recognized in a form of insufficient interconnection capacity between member states, weak enforcement of EU electricity directives, differences in electricity prices among member states, varying switching rates, end-user price regulation, increased market concentration (or market power strengthening) through mergers and acquisitions. These obstacles are the reason why the convergence towards fully functional internal electricity market remains a work in progress. In order to further and finally liberalize the internal electricity market, resolve structural failings, promote infrastructure investments, enhance competitiveness and consumer protection, in April 2009 a third package of legislative proposal has been adopted amending the previous, second package and its directives. The third energy package, primarily Directive 2009/72/EC and Regulation (EC) No 713/2009, is focused on issues related to: new unbundling regime, improving the functioning of the internal electricity market, regulatory oversight and cooperation (namely, establishing the Agency for the Cooperation of Energy Regulators), enhancing the powers and independence of national regulators, measures to reinforce security of supply, efficient network cooperation and transparency. This, however, comes with the belief by the European Commission that fully opened electricity (and gas) market will have positive effects on EU GDP, employment, inflation, investments as well as it will contribute to the overall competitiveness of the European Union

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA


Projekt / tema
081-0361557-1455 - Ekonomski učinci regulatornih reformi elektroenergetskog sektora (Nela Vlahinić, )

Ustanove
Ekonomski fakultet, Rijeka

Autor s matičnim brojem:
Pavle Jakovac, (310370)