European Union retail electricity markets in the Green Transition: The quest for adequate design,Wiley Interdisciplinary Reviews: Energy and Environment

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European Union retail electricity markets in the Green Transition: The quest for adequate design
Wiley Interdisciplinary Reviews: Energy and Environment ( IF 5.4 ) Pub Date : 2019-07-22 , DOI: 10.1002/wene.359
Luis R. Boscán ₁

Affiliation

After a gradual process of reforms, retail electricity markets in Europe are well established. In parallel, the decarbonization agenda and rapid technological progress lead the way toward a renewable‐based and distributed electricity system, in which new business models emerge. Distributed resources, prosumers, and peer‐to‐peer trading are all part of the most likely future scenarios. The newly adopted Clean Energy Package, put forward by the European Commission in 2016, responded to the consensus that existing electricity markets needed to adapt and aimed at putting consumers at the center. But will the ongoing reforms live up to the challenges posed by the coming stages of the ongoing Green Transition? While most recent analyses focus on wholesale issues, the present review narrows this gap. We analyze the European Union (EU) retail electricity market design in isolation, but also in its interaction with the renewable energy policy. We compare the current and the forthcoming legislative framework to elucidate if the recently adopted reforms mitigate conflicts or facilitate complementarities arising from the implementation of the European energy policy framework. While the reforms remove fundamental barriers for consumer participation, several unresolved conflicts remain. Thus, looking forward, there is a significant implementation challenge. Among these are the overdue task of making competition effective, striking the right balance between the verticality and horizontality of the future retail market and confronting market reconfiguration. In this respect, the paper makes several policy recommendations aimed at EU Member States, which are also valid for any jurisdiction willing to advance a transition to renewables.

中文翻译：

绿色转型中的欧盟零售电力市场：对适当设计的追求

经过逐步的改革，欧洲的零售电力市场已经确立。同时，脱碳议程和快速的技术进步引领了通往可再生能源和分布式电力系统的道路，新的商业模式应运而生。分布式资源，生产者和对等交易都是最有可能的未来方案的一部分。欧盟委员会于2016年提出的新采用的《清洁能源计划》对现有电力市场需要适应并以消费者为中心的共识做出了回应。但是，正在进行的改革是否能够应对正在进行的绿色过渡的下一阶段所带来的挑战？虽然最近的分析集中在批发问题上，但本次审查缩小了这一差距。我们将孤立地分析欧洲联盟（EU）零售电力市场的设计，而且还要分析其与可再生能源政策的相互作用。我们比较当前和即将到来的立法框架，以阐明最近通过的改革是否减轻了冲突或促进了因实施欧洲能源政策框架而产生的互补性。尽管改革消除了消费者参与的基本障碍，但仍存在一些未解决的冲突。因此，展望未来，存在重大的实施挑战。其中包括使竞争有效，应在未来零售市场的纵向和横向之间取得适当平衡以及面对市场重构的适当的逾期任务。在这方面，本文针对欧盟成员国提出了一些政策建议，

更新日期：2019-07-22

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