The Impact of Changing Sources on the EU's Electricity Market
Antony Froggatt, Senior Research Fellow, Energy, Environment and Resources, Chatham House
Since 1996 the European Union has adopted three directives on the liberalization of the electricity markets and is in the process of preparing a fourth one. They have altered the market structure in most member states. However, environmental policies are in the process of transforming the dominance and fortunes of utilities, as considerable quantities of base-load capacity, coal and nuclear, have, and will be, closed as a result of pollution control legislation, safety regulation and political opposition. Simultaneously, the EU's 2020 climate and energy target is resulting in a growing share for renewable energy, with the growing importance of micro-generation and a new role for the prosumer.
At this event the speaker will overview the development in the European electricity sector and discussion will centre on how far these trends might develop and the implications for the traditional utilities across Europe and beyond.
Attendance is by invitation only.
This event is part of the Fossil Fuels Expert Roundtable project.