The European think tank Bruegel presents a detailed, sophisticated analysis of the European Union’s energy policy and the viability of creating a European cross-border electricity transmission system. Underlying this technical and academic study is a major political story about why EU member nations don’t cooperate to create such a historic system. National concerns that have shaped Europe for centuries remain factors in creating a single market for the generation and transmission of electricity within a continental grid. Research fellow Georg Zachmann’s technical expertise and systemic insights make this dense research report and its unifying policy recommendation essential reading for anyone interested in this complex but crucial topic. getAbstract spotlights this report for energy executives, managers, policy makers and investors.
In this summary, you will learn
- Why the European Union needs a single energy market,
- How the creation of cross-border energy exchanges will benefit the EU and
- What challenges this historic project faces.
About the Author
Georg Zachmann is a research fellow on energy and climate change at Bruegel.