This contribution explores the interplay between liberalisation and decarbonisation of the European electricity market. The focus of this piece is to see whether liberalisation of the EU electricity market, in Europe realised by means of the unbundling regime, inherently promotes decarbonisation of the grid. In other words, it seeks to explore if decarbonisation of the electrical grid is a positive externality of liberalising the market, absent of any other policies promoting the scale up of renewables in the grid. To this end, it examines existing economic and econometric literature on the issue and places it in the greater context of internal energy market legislation and European energy policy.
|Title of host publication||Energy law and economics|
|Editors||K. Mathis, B. Huber|
|Publisher||Springer International Publishing|
|Number of pages||17|
|Publication status||Published - 1 May 2018|
|Name||Economic Analysis of Law in European Legal Scholarship|