Publications / Books
Towards More Integration of Central and Eastern European Electricity MarketsPublished: 1 of January, 2006
he development of the Central and Eastern European Energy Market project (C3EM) is aimed at advancing regional harmonization of national energy markets including their regulatory and legal frameworks.

Table of contents

The technical possibilities of the Central-Eastern European electricity market integration

The objective of this work is to identify drivers and obstacles in integrating Central and Eastern Europe’s power market. Provided here is a collection of information that highlights the key areas that can be concentrated on for greater change.

Preconditions of Electricity Market Integration in Seven Central and Southern Eastern European Countries

This review is carries out to assess the potential of greater integration in the Central European electricity market which would fit the requirements of Directive 54/2003/EC and connected regulations. First I will summarise the essential features of national market structures and try to identify those structural elements that might prevent competition from developing in domestic markets. Beyond these impediments I also try to identify local "best practices" from a market integration perspective. After the brief national level analyses a comparison of market design issues of the seven markets - most critical from a market integration perspective - follows. The study focuses on the generation and wholesale level issues and pays less attention to demand and retail. This comes from the conviction that wholesale level market integration should be the primary target for market integration efforts in the short run.

Author: Péter Kaderják
Comparative Legal Study in Central and Eastern Europe

The market of electricity and its legislation both national and international is in a state of transition towards a market fully liberalized. Inour region, i.e. Central and Eastern Europe, changes are triggered by the endeavours of the new Member States of the European Union, including states that are becoming members and are harmonizing their national legislation with those of the EU. They are also opening their markets and industry to competition. Although the process of energy market liberalization alo aims to create a single market for electricity it was started a decade ago with the Community Directive 96/92/EC.

Finding the Barriers Preventing Increased Cooperation and Coordination in Central and Eastern Europe

Since early 2005 there has been a general emphasis on preventing the stalling of the liberalisation of electricity and gas markets. Examined in this chapter are the perpective of market participants who identified key obstacles preventing greater cooperation and coordination in Central and Eastern Europe's electricity market.

Author: Michael Carnegie LaBelle
Renewable Electricity: ambrosia or delicatessen?A survey of electricity markets

This survey is to provide actors of the regional electricity markets with concise information on renewable electricity production in countries of the C3EM project. The study intends to be more than a descriptive overview of this topic. The authors investigate renewable electricity from a perspective of actors in the liberalized electricity markets in order to understand how much renewable electricity capacity and renewable electricity production is going to be available for the free market segment currrently and in the future. For the countries of our surves, we ask the question, is renewable electricity destined to remain the untouchable ambrosia, food for the gods, which is administered by the chosen authorities and consumed by the invisible system or might it be turned into an open access delicatessen for anyone who whishes to pay a little extra for those savoury treats?

Central and Eastern European Gas Market: Legal and Market Pre-Analyses

The energy market, especially the gas market has been reshaped all over Europe. To enhance the competitiveness of the European Community on the global market the key element is to find or create new, more efficient and profitable markets. The liberalization proces is a long road with lots of restrictions and problems within each member's gas market.
The objective of my research is to describe the evolution of the gas market relative to these geographically and histrorically related countries. In this article I focus on the effects of this market control mechanism on the Central and Eastern European economies. The countires subject to this study can be grouped into three categories in relation to the EU's unified gas market: "old" member: Austria; "new" members: Hungary, Slovakia and Slovenia and candidate countires like Croatia and Romania.

Removing C3EM Market Barriers: providing a blueprint for future action

The completion of the Central and Eastern European Energy Market project has resulted in a range of findings that might support further efforts to speed up electricity market integration in the region. This chapter summarizes briefly the findings of each study. The second part of the chapter attempts to outline some of the key areas for action to move towards a more efficient Central and Eastern European regional marketplace for electricity.

Authors: Péter Kaderják, Michael Carnegie LaBelle