The success of the internal market for products can and should be repeated for energy. Natural barriers to market entry in terms of infrastructure can be overcome by private and/ or public investment if proper returns on investment are allowed. At the same time, it is artificial barriers to entry – from environmental regulation to the unwillingness of incumbent players to embrace competition – which constitute the main obstacle to development of a true European energy market.
Download full PDF here.
EPICENTER, the European Policy Information Center, is an independent initiative of six leading think tanks from across the European Union. It seeks to inform the EU policy debate and promote the principles of a free society by bringing together the economic expertise of its members.