How Integrated Are European Electricity Markets?

Michael Giberson

Georg Zachmann, writing at the EU Energy Policy Blog, asks, “How integrated are European electricity markets?”  At least in the case of the German market, the answer seems to be not so much.

(For comparison, here is a paper by John Bower that seeks to assess power market integration in Europe as of the end of 2001.  Bower concluded that EU competition authorities should focus more on breaking up national power monopolies and less on building bigger transmission links between countries.)