This highly unique book focuses on market design issues common to most EU gas markets, particularly in the context of closer integration. It explores in detail the characteristics and requirements of national gas markets in Europe, which are constructed as virtual hubs based on entry/exit...

The installation of electricity Smart Meters (SM) brings about new opportunities for enhancing the interaction between consumers, generators and energy service providers. SM are needed to exert certain sets of actions upon consumers aimed at producing changes in the functioning of the system...

Taking a quarter-century to build a European internal market for electricity may seem an incredibly long journey. The aim of achieving a European-wide market might be reached, but we have gone through – and should continue to go through – a process subject to many adverse dynamics. The EU...

Taking a quarter-century to build Europe's internal market for electricity may seem an incredibly long journey. The aim of achieving a European-wide market might be reached, but we went through – and should continue to go through – a process subject to many adverse dynamics. The EU internal...

Smart meters (SM) may provide large benefits to all stakeholders by providing the information required to implement certain sets of demand response actions. Benefits produced by SM related actions depend on the features of these actions, the system and the targeted consumer group.

With the European Strategic Energy Technology Plan (SET Plan) expiring in 2020, the EU needs to revisit its energy technology policy for the post-2020 horizon and to establish a policy framework that fosters the achievement of ambitious EU commitments for decarbonization by 2050. We discuss...

Several market failures, as well as other technical, economic and regulatory barriers to the market penetration of clean energy technologies result in under-investment of private innovators in RD&D. Therefore, public support is needed in order to induce innovations. Policy tools creating market...