The reform of the EU electricity market: An Italian point of view

Author/s Ester Benigni, Elisabetta Bourla, Fabio Conza, Stefano Nova
Publishing Year 2023 Issue 2023/2 Language Italian
Pages 13 P. 5-17 File size 164 KB
DOI 10.3280/EFE2023-002001
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This article aims to provide a critical analysis of the European Commission communication for a reform of electricity market design, proposed primarily after the energy crisis deriving from the Russia-Ukraine conflict. In particular, the present document highlights some reflections for more in-depth analyses of the electricity market modelling trends in response to crisis factors of a purely endogenous nature (e.g. drought, heat waves, a gradual phasing out of electric power generation with regulating capacity and its replacement with intermittent generation, simultaneous stresses) in relation to a profoundly changing ecosystem.

Keywords: electricity market design, Italian electricity market, drought, simultaneous stresses.

Jel codes: Q48, D 47, L98

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Ester Benigni, Elisabetta Bourla, Fabio Conza, Stefano Nova, The reform of the EU electricity market: An Italian point of view in "ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT" 2/2023, pp 5-17, DOI: 10.3280/EFE2023-002001