EXCLUSIVE / A flagship objective to link up 15% of Europe’s electricity networks by 2030 could be scrapped altogether from EU legislation as a number of member states resist a command-and-control approach to energy policy, EURACTIV.com has learned.
Digital technologies like blockchain and artificial intelligence bring “total revolution” in the electricity industry, allowing energy communities to proliferate, says Laurent Schmitt. Utilities should not resist the change but embrace it to become “community enablers”, he told EURACTIV in an interview.
A seamless pan-European energy market is still a long way off, but decisive steps can be taken now with stronger regional cooperation and the introduction of cross-border bidding zones for electricity, policymakers and industry experts argue.
As private energy companies increasingly get involved in local electricity distribution networks, European regulators will have to do their job and ensure that grid operators are properly isolated from commercial activity, argues Laurent Schmitt.
Electricity utility Iberdola is directing 42% of new investments into networks, hoping to reap the benefits of an economy-wide electrification process currently underway in Europe and across the world, a senior company executive has told EURACTIV.
The European Commission has allocated €4 million to a project that will link the French and Irish electricity grids via an undersea cable. Irish lawmakers have now touted the plan as an “obvious solution” to Ireland’s energy reliance on a post-Brexit United Kingdom.
Malta epitomises the value of islands in leading the transition to cleaner sources of energy, and ultimately in symbolising the potential for energy independence, writes Stuart Reigeluth.
Europe already has its “new electricity market design” – it’s just a little behind schedule... and about as complicated as EU legislation gets, EURACTIV.com has learned.
An appeals board is expected to rule later this month on a dispute at the German-Austrian border. What is at stake is the future of Europe's largest area of uniform electricity prices – an issue that raises questions about the fundamental design of the EU's internal energy market.