Evolution of Electricity Markets in Europe Florence School of Transnational Governance

Overview

European Commission, ACER and ENTSO-E invited Florence School of Regulation to organise this training. Electricity markets are undergoing many changes, and it is not easy to keep up. With this training, we want to make it easier for stakeholders to engage in the ongoing electricity market integration process.

Key Facts

In this Evolution of Electricity Markets in Europe program from Florence School of Transnational Governance we provide insights on how European electricity markets have evolved from the onset of liberalisation until where we are today. Alongside the evolution of electricity markets, this online training is evolving as well:

• The first generation of EU electricity network codes remains an important cornerstone of this training since it has been shaping the European electricity markets as we know them today. 
• We also cover the ongoing debate around the amendments to the first generation of network codes and the second generation of network codes following the adoption of the Clean Energy Package (CEP). We discuss how the CEP enhances the link between electricity markets and consumers, whether individually as prosumers, or via intermediaries such as aggregators, energy communities or other.  
• Moreover, we will look at the recent European energy crisis and discuss causes and responses from short-term interventions to medium- and long-term changes to the electricity market design resulting from the ongoing Electricity Market Reform.