The challenges of energy market reform:what can the Spanish Presidency achieve?

The contribution examines the achievement of the three core objectives of European energy policy in the aftermath of the energy crisis of 2022. Energy security, sustainability and competitiveness have been at the root of European energy policy for many decades but progress in achieving them has been...

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Detalles Bibliográficos
Autor: Hancher, Leigh
Tipo de recurso: artículo
Fecha de publicación:2023
País:España
Institución:Universidad de Murcia
Repositorio:DIGITUM. Depósito Digital Institucional de la Universidad de Murcia
OAI Identifier:oai:digitum.um.es:10201/141379
Acceso en línea:http://hdl.handle.net/10201/141379
Access Level:acceso abierto
Palabra clave:Competences
Demand side management
Energy crisis
Energy transition
Emergency legislation
Fossil fuel phase out
Market design
REPowerEU
Renewable energy production
State aid
Storage
Competencias
Agregación de demanda
Gestión de la demanda
Crisis energética
Transición energética
Legislación de emergencia
Eliminación de combustibles fósiles
Diseño de mercado
Producción de energía renovable
Ayuda estatal
Almacenamiento
Solidaridad
Solidarity
Demand aggregation
CDU::3 - Ciencias sociales::Derecho: 34
Descripción
Sumario:The contribution examines the achievement of the three core objectives of European energy policy in the aftermath of the energy crisis of 2022. Energy security, sustainability and competitiveness have been at the root of European energy policy for many decades but progress in achieving them has been mixed. Member states can rely on their rights to choose their own energy mix. The European Union’s initial response to the energy crisis was to invoke a little used Article 122(1) of the Treatyon the Functioning of the European Union (TFEU)to adopt a series of rapidly enacted emergency legislation to promote solidarity between the 27member states.This article questions whether that response has led to an increased centralization of powers for the EU institutions at the expense of national governments? Can the EU institutions now set the policy agenda for the energy transition more efficiently? Are the EU state aid rules likely to be implemented more strictly to ensure a transition away from fossil fuels before 2050 or do national governments remain firmly in the driving seat? In the alternative, are there any emergent trends from the management of the crisis that are likely to be perpetuated in the longer term as Europe seeks to transitionas rapidly as possibleto a net zero carbon economy?