Knowledge Center
Priorities for the Market Design Initiative: What’s Missing? What’s Most Important?
The European Commission’s Market Design Initiative seeks to ensure that the electricity market will help to meet current EU climate and energy policies in the most secure and cost-effective manner. An integrated market, operated and governed seamlessly across regions and ultimately across the EU remains the best hope for achieving climate objectives securely, affordably, and in a timely fashion. This brief focuses on three of the most pressing issues and barriers the Commission should be addressing—investment and security of supply, demand-side market participation, and market governance. The authors provide a range of solutions for each issue.
