Philip
Baker
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The European Council’s proposals on the internal energy market fundamentally weaken the framework that is needed to deliver an integrated market that will benefit European energy consumers, write Philip Baker and Christos Kolokathis from the global energy policy advisors Regulatory Assistance Project (RAP). They may even legalise practices that are currently – and should remain – illegal. The authors call on European policymakers to support the … [Read more...]
The European Commission has proposed to set up Regional Operational Centers (ROCs), which is a welcome step in the further integration of the EU internal electricity market, writes Philip Baker of the Regulatory Assistance Project (RAP). However, according to Baker, the proposal does not go far enough: more regional coordination is needed if consumers are to reap the benefits of market integration. … [Read more...]
The European Commission has proposed that independent aggregators should not be required anymore to pay compensation to suppliers, as is the case in many EU member states today. According to Philip Baker of the Regulatory Assistance Project (RAP) this proposal should be supported, as it will improve the flexibility of the market and lead to lower prices for consumers. However, it may not be appropriate in the long term: once it has achieved its … [Read more...]
Energy suppliers are lobbying against a proposal from the European Commission to remove barriers to demand response schemes, writes Philip Baker, Senior Adviser at the Regulatory Assistance Project, an independent consultancy. According to Baker, the Commission should stick with its proposal. Demand response, he argues, will bring great savings to energy consumers. What is more, the Federal Energy Regulatory Commission (FERC) in the United States … [Read more...]
New research commissioned by the Regulatory Assistance Project (RAP) finds that demand flexibility can save many billions of euros in electricity costs. As the European Commission is pondering the design of a new and interconnected energy market for Europe, it needs to make sure these benefits are realised, writes Phil Baker, Senior Advisor at RAP. Brussels should resist calls to “compensate” energy suppliers for perceived losses as a result of … [Read more...]
Europe is progressing towards an integrated, interconnected pan-European electricity market. However, writes Philip Baker of the Regulatory Assistance Project (RAP), the governance and regulatory arrangements that the EU has established to support this process are inadequate to the task. They are more focused on preserving the sovereignty of national TSO and regulators than addressing the wider interests of the market. According to Baker, the EU … [Read more...]
Consumer participation in the electricity market is essential to make the energy transition possible. However, writes Philip Baker of the Regulatory Assistance Project (RAP), a think-tank specializing in regulatory and market policy, incumbent suppliers cannot be relied upon to make this happen. Therefore, the European Commission needs to ensure that new players can enter the market. … [Read more...]
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