IDEAS home Printed from https://ideas.repec.org/a/bla/jcmkts/v48y2010ip1065-1081.html
   My bibliography  Save this article

Impact Assessment and the Liberalization of the EU Energy Markets: Evidence-Based Policy-Making or Policy-Based Evidence-Making?

Author

Listed:
  • JACOPO TORRITI

Abstract

The European Commission proposal on the liberalization of energy markets has been widely debated in policy, stakeholder and academic circles both for its content and the potential consequences for the structure of the EU gas and electricity markets. However, little has been said about the empirical evidence produced by the European Commission to support this legislative package. Since the Impact Assessment (IA) system has been in place, there have been concerns regarding quality and adequateness, especially when quantifying costs, benefits and risks, selecting policy options and considering stakeholder opinions. This article examines how these crucial issues were factored into the IA on the liberalization of EU energy markets. It is concluded that the selected policy option reflects the position of some stakeholders at the expense of the available evidence on its impacts on markets, society and the environment. Copyright (c) 2010 The Author(s). Journal compilation (c) 2010 Blackwell Publishing Ltd.

Suggested Citation

  • Jacopo Torriti, 2010. "Impact Assessment and the Liberalization of the EU Energy Markets: Evidence-Based Policy-Making or Policy-Based Evidence-Making?," Journal of Common Market Studies, Wiley Blackwell, vol. 48, pages 1065-1081, September.
    • Handle: RePEc:bla:jcmkts:v:48:y:2010:i::p:1065-1081
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    References listed on IDEAS

    as
    1. repec:dau:papers:123456789/210 is not listed on IDEAS
    2. Jennifer Franz & Colin Kirkpatrick, 2007. "Integrating Sustainable Development Into European Policymaking: The Role Of Impact Assessments," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 9(02), pages 141-160.
    3. Robert W. Hahn & Robert E. Litan, 2005. "Counting Regulatory Benefits and Costs: Lessons for the US and Europe," Journal of International Economic Law, Oxford University Press, vol. 8(2), pages 473-508, June.
    4. Roeger, Werner & in 't Veld, Jan, 2004. "Some selected simulation experiments with the European commission's QUEST model," Economic Modelling, Elsevier, vol. 21(5), pages 785-832, September.
    5. Lee, Norman & Kirkpatrick, Colin, 2004. "A Pilot Study of the Quality of European Commission Extended Impact Assessment," Impact Assessment Research Centre (IARC) Working Papers 30580, University of Manchester, Institute for Development Policy and Management (IDPM).
    6. Domanico, Fabio, 2007. "Concentration in the European electricity industry: The internal market as solution?," Energy Policy, Elsevier, vol. 35(10), pages 5064-5076, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Torriti, Jacopo, 2014. "Privatisation and cross-border electricity trade: From internal market to European Supergrid?," Energy, Elsevier, vol. 77(C), pages 635-640.
    2. Claire A Dunlop, 2014. "The Possible Experts: How Epistemic Communities Negotiate Barriers to Knowledge Use in Ecosystems Services Policy," Environment and Planning C, , vol. 32(2), pages 208-228, April.
    3. Hasselbalch, Jacob Adam, 2017. "Innovation assessment: governing through periods of disruptive technological change," SocArXiv 3rj94, Center for Open Science.
    4. Jacopo Torriti & Philipp Grunewald, 2014. "Demand Side Response: Patterns in Europe and Future Policy Perspectives under Capacity Mechanisms," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 1).
    5. Jacopo Torriti & Eka Ikpe, 2015. "Administrative costs of regulation and foreign direct investment: the Standard Cost Model in non-OECD countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 151(1), pages 127-144, February.
    6. Stijn van Voorst & Ellen Mastenbroek, 2017. "Enforcement tool or strategic instrument? The initiation of ex-post legislative evaluations by the European Commission," European Union Politics, , vol. 18(4), pages 640-657, December.
    7. Mirumachi, Naho & Torriti, Jacopo, 2012. "The use of public participation and economic appraisal for public involvement in large-scale hydropower projects: Case study of the Nam Theun 2 Hydropower Project," Energy Policy, Elsevier, vol. 47(C), pages 125-132.
    8. Jacopo Torriti, 2017. "The Risk of Residential Peak Electricity Demand: A Comparison of Five European Countries," Energies, MDPI, vol. 10(3), pages 1-14, March.
    9. Gerli, Paolo & Van der Wee, Marlies & Verbrugge, Sofie & Whalley, Jason, 2017. "The involvement of utilities in the development of broadband infrastructure: A comparison of EU case studies," 28th European Regional ITS Conference, Passau 2017 169461, International Telecommunications Society (ITS).
    10. Giuseppe Munda, 2022. "Qualitative reasoning or quantitative aggregation rules for impact assessment of policy options? A multiple criteria framework," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(5), pages 3259-3277, October.
    11. Esposito, Giovanni & Cicatiello, Lorenzo & Ercolano, Salvatore, 2020. "Reforming railways in the EU: An empirical assessment of liberalisation policies in the European rail freight market," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 606-613.
    12. Cristiano Codagnone & Federico Biagi & Fabienne Abadie, 2016. "The Passions and the Interests: Unpacking the ‘Sharing Economy’," JRC Research Reports JRC101279, Joint Research Centre.
    13. Claire A. Dunlop & Martino Maggetti & Claudio M. Radaelli & Duncan Russel, 2012. "The many uses of regulatory impact assessment: A meta‐analysis of EU and UK cases," Regulation & Governance, John Wiley & Sons, vol. 6(1), pages 23-45, March.
    14. Gerli, Paolo & Van der Wee, Marlies & Verbrugge, Sofie & Whalley, Jason, 2018. "The involvement of utilities in the development of broadband infrastructure: A comparison of EU case studies," Telecommunications Policy, Elsevier, vol. 42(9), pages 726-743.
    15. Stijn Voorst & Ellen Mastenbroek, 2019. "Evaluations as a decent knowledge base? Describing and explaining the quality of the European Commission’s ex-post legislative evaluations," Policy Sciences, Springer;Society of Policy Sciences, vol. 52(4), pages 625-644, December.
    16. Torriti, Jacopo, 2012. "Demand Side Management for the European Supergrid: Occupancy variances of European single-person households," Energy Policy, Elsevier, vol. 44(C), pages 199-206.
    17. Marialessandra Carro & Claudio Di Mario & Michele Grimaldi & Gianluca Murgia, 2017. "A Public Affairs Platform For The Analysis Of The Liberalization Process In The Italian Electricity Market," International Journal of Energy Economics and Policy, Econjournals, vol. 7(5), pages 123-136.
    18. Yuya Kajikawa, 2022. "Reframing evidence in evidence-based policy making and role of bibliometrics: toward transdisciplinary scientometric research," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(9), pages 5571-5585, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jacopo Torriti, 2010. "Impact Assessment and the Liberalization of the EU Energy Markets: Evidence‐Based Policy‐Making or Policy‐Based Evidence‐Making?," Journal of Common Market Studies, Wiley Blackwell, vol. 48(4), pages 1065-1081, September.
    2. Carrilho-Nunes, Inês & Catalão-Lopes, Margarida, 2022. "The effects of environmental policy and technology transfer on GHG emissions: The case of Portugal," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 255-264.
    3. Fidrmuc, Jarko & Lind, Ronja, 2020. "Macroeconomic impact of Basel III: Evidence from a meta-analysis," Journal of Banking & Finance, Elsevier, vol. 112(C).
    4. Wallis, Kenneth F., 2004. "Comparing empirical models of the euro economy," Economic Modelling, Elsevier, vol. 21(5), pages 735-758, September.
    5. Creedy, John & Guest, Ross, 2008. "Population ageing and intertemporal consumption: Representative agent versus social planner," Economic Modelling, Elsevier, vol. 25(3), pages 485-498, May.
    6. Mark Pollack & Emilie Hafner-Burton, 2010. "Mainstreaming international governance: The environment, gender, and IO performance in the European Union," The Review of International Organizations, Springer, vol. 5(3), pages 285-313, September.
    7. Kaller, Alexander & Bielen, Samantha & Marneffe, Wim, 2018. "The impact of regulatory quality and corruption on residential electricity prices in the context of electricity market reforms," Energy Policy, Elsevier, vol. 123(C), pages 514-524.
    8. Lee, Norman, 2004. "Bridging the Gap Between Theory and Practice in Integrated Assessment," Impact Assessment Research Centre (IARC) Working Papers 30575, University of Manchester, Institute for Development Policy and Management (IDPM).
    9. Sebastian Gechert, 2015. "What fiscal policy is most effective? A meta-regression analysis," Oxford Economic Papers, Oxford University Press, vol. 67(3), pages 553-580.
    10. Lindemann, Henrik, 2015. "Regulatory Objectives and the Intensity of Unbundling in Electricity Markets," Hannover Economic Papers (HEP) dp-544, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    11. Brzoza-Brzezina, Michał & Kolasa, Marcin & Makarski, Krzysztof, 2015. "A penalty function approach to occasionally binding credit constraints," Economic Modelling, Elsevier, vol. 51(C), pages 315-327.
    12. Claire A. Dunlop & Martino Maggetti & Claudio M. Radaelli & Duncan Russel, 2012. "The many uses of regulatory impact assessment: A meta‐analysis of EU and UK cases," Regulation & Governance, John Wiley & Sons, vol. 6(1), pages 23-45, March.
    13. Jerry Ellig & Patrick A. McLaughlin, 2012. "The Quality and Use of Regulatory Analysis in 2008," Risk Analysis, John Wiley & Sons, vol. 32(5), pages 855-880, May.
    14. Lindemann, Henrik, 2015. "Budgetary Interests and the Degree of Unbundling in Electricity Markets - An Empirical Analysis for OECD Countries," Hannover Economic Papers (HEP) dp-543, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    15. Fabio Canova & Evi Pappa, 2007. "Price Differentials in Monetary Unions: The Role of Fiscal Shocks," Economic Journal, Royal Economic Society, vol. 117(520), pages 713-737, April.
    16. Cave, Jonathan & Gibson, Stephen, 2023. "Primary and secondary legislation – assessing the impacts of rules for making rules," The Warwick Economics Research Paper Series (TWERPS) 1486, University of Warwick, Department of Economics.
    17. Oana - Catalina Tapurica & Florin TACHE, 2011. "Quantifying Social Objectives Aiming Pollution Control – An Economic Perspective Upon Strategic Management And Project Management," Review of General Management, Spiru Haret University, Faculty of Management Brasov, vol. 14(2), pages 130-138, November.
    18. Rahimiyan, Morteza & Rajabi Mashhadi, Habib, 2010. "Evaluating the efficiency of divestiture policy in promoting competitiveness using an analytical method and agent-based computational economics," Energy Policy, Elsevier, vol. 38(3), pages 1588-1595, March.
    19. Alberto Orgaz & Antonio Bello & Javier Reneses, 2019. "A New Model to Simulate Local Market Power in a Multi-Area Electricity Market: Application to the European Case," Energies, MDPI, vol. 12(11), pages 1-15, May.
    20. Kishimoto, Jo & Goto, Mika & Inoue, Kotaro, 2017. "Do acquisitions by electric utility companies create value? Evidence from deregulated markets," Energy Policy, Elsevier, vol. 105(C), pages 212-224.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jcmkts:v:48:y:2010:i::p:1065-1081. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley-Blackwell Digital Licensing or Christopher F. Baum (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0021-9886 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.