Summary:
- Wholesale prices are high compared to other countries and relative to generation cost
- There are no easy fixes – as issues (lack of competition, isolation, crosssubsidisation) are structural
- Short-term
- Monetise PSO
- Ensure competitive imports
- Strong monitoring and enforcement of anti-competition rules
- Long-term
- Encourage incumbents to divest some assets
- ENTSO-e integration
- Competitive RES-deployment
- Privatise Centrenergo to contestant
Keyword(s):
What is a Policy Briefing?
Similar to Policy Papers, current or possible future policy topics are discussed. The economic analysis and policy recommendations are presented in a concise manner, focussing on the core arguments and results.