Retail Energy Markets Under Stress: Lessons Learnt for the Future of Market Design

Bert Willems, Nils-Henrik von der Fehr, Catherine Banet, Michael Pollitt, Chloé Le Coq

Research output: Book/ReportReport

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Abstract

The paper aims to address and provide some initial answers to the below research questions:

How well have European retail electricity markets been coping with the current energy crisis? How have governments responded to increasing prices?
What short-term measures can governments take to soften the impact of high energy prices?
What long-term measures can governments take to protect consumers from high energy prices?
What should be the role of the EU vs. the Member States? What legal constraints are imposed by EU directives and regulations?
Do we need to regulate the risk exposure of suppliers? What are the options for doing this?
Original languageEnglish
Place of PublicationBrussels
PublisherCentre on regulation in Europe (CERRE)
Number of pages52
Publication statusPublished - Jul 2022

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