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| Srl | Item |
| 1 |
ID:
177507
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| Summary/Abstract |
Energy Systems Integration (ESI) is an emerging paradigm and at the centre of the EU energy debate. ESI takes a holistic view of the electricity, gas, and heat sectors to deliver a clean, reliable, and affordable energy system. By using the synergies within and between sectors, ESI aims to increase flexibility in the energy system, maximise the integration of renewable energy and distributed generation, and reduce environmental impact. While ESI-enabling technologies have been studied from a technical perspective, the economic, regulatory, and policy dimensions of ESI are yet to be analysed in depth. This paper discusses ESI in a multi-step approach. We first focus on the economics of ESI-enabling technologies. Then we briefly discuss how the EU national regulators incentivise their adoption. Major economic and policy barriers to ESI are identified and policy solutions to overcome these barriers are proposed. We conclude that current regulatory frameworks in the EU do not sufficiently stimulate ESI investments and only through proper design of incentives ESI can be adopted.
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| 2 |
ID:
124222
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| Publication |
2013.
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| Summary/Abstract |
The paper analyses the existing regulatory framework for the electricity and renewables sectors, and the role of regulatory agencies in Northern Africa and Middle East countries, under the promotion by the European Union. Using data collected through an original survey directed at regulators, ministry departments and energy companies of the southern Mediterranean, the study is aimed at assessing the extent of agencies' independence looking at three main dimensions of independence: regulatory instruments available to regulators and decision making autonomy; regulators' organizational autonomy; and regulators accountability. Results show that those countries having established an independent regulator have a more credible regulatory framework than those countries in which such a body does not exist. In particular, the analysis shows that Turkey, Croatia and Jordan have defined a regulatory framework that limits administrative expropriation and, consequently, creates an environment more suitable for attracting investments in the electricity and renewables sector. On the institutional ground, this is probably related with the harmonization of regulatory standards promoted by the European Union through the neighboring policy, for the Jordan case, and the membership perspective, in the Turkish and Croatian cases.
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