Towards a single European electricity market: A structured approach to regulatory mode decision-making

Towards a single European electricity market: A structured approach to regulatory mode decision-making

De Jong, H.M.

Weijnen, M.P.C. (promotor)
Hakvoort, R.A. (promotor)

Technology, Policy and Management

Infrastructure Systems & Services Department

2009-05-07

This study focuses on the processes through which the rules and regulations that govern European electricity markets - and inherently, their integration process - are established. So far, European policy makers have largely followed a 'trial-and-error' approach to finding an appropriate regulatory mode (process) for dealing effectively with market integration issues. This unstructured approach to regulatory mode selection leads to several problems: - Today's trial-and-error strategy of shifting from one regulatory mode to another is time-consuming. - In the regulatory mode selection process, certain key principles of good governance are insufficiently considered. - European regulatory processes are experienced as vague, intransparent, and illegitimate by 'outside' stakeholders. This study develops a 'structured approach to regulatory mode decision-making' (STARMODE) based on the theory of decision modelling in policy management and a case study exploring three key market integration issues in the field of electricity markets: interconnector investment, congestion management and market transparency. The main objective is to present a systematic and comprehensive framework for analysing and improving regulatory mode decision-making in the context of the European Union, focusing on electricity market integration. The STARMODE approach is generally applicable to (and relevant for) European market integration issues in industries characterized by a natural monopoly and/or an essential service. The approach may also contribute to national regulatory mode decision-making and multi-state decision-making in other continents

energy
electricity
regulation
european union
market integration
interconnector investment
congestion management
market transparency
european governance
european modes of regulation
regulatory change

http://resolver.tudelft.nl/uuid:99073882-2d3a-4c5d-8ac5-db0c2e94bd7d

Delft, Next Generation Infrastructures Foundation

978-90-79787-06

Institutional Repository

doctoral thesis