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Erste Elemente eines Jahrhundertprojekts – ökonomische Betrachtungen zur Entwicklung der Europäischen Energiepolitik

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  • Bettzüge Marc

    (Universität zu Köln, Staatswissenschaftliches Seminar, Stiftungsprofessur für Energiewirtschaft und Energiewirtschaftliches Institut an der Universität zu Köln (EWI), Alte Wagenfabrik, Vogelsanger Straße 321, 50827 Köln)

  • Growitsch Christian

    (Energiewirtschaftliches Institut an der Universität zu Köln (EWI), Alte Wagenfabrik, Vogelsanger Straße 321, 50827 Köln)

  • Panke Timo

    (Energiewirtschaftliches Institut an der Universität zu Köln (EWI), Alte Wagenfabrik, Vogelsanger Straße 321, 50827 Köln)

Abstract

Europe’s current energy strategy focuses on a functioning internal energy market, security of supply, energy efficiency and the development and deployment of renewable energy technologies. In this article, we discuss selected European energy policy actions from an economic perspective. We find that several activities seem economically reasonable in general. This assessment depends however on a cost efficient and incentive compatible implementation. Also, the current equilibrium of national sovereignty and European coordination does not seems to be stable in the long run if the European Union sticks to its challenging transformation targets. Instead, a further deepening of coordination is necessary, ending in a true convergence of European energy policy.

Suggested Citation

  • Bettzüge Marc & Growitsch Christian & Panke Timo, 2011. "Erste Elemente eines Jahrhundertprojekts – ökonomische Betrachtungen zur Entwicklung der Europäischen Energiepolitik," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 60(1), pages 48-61, April.
    • Handle: RePEc:lus:zwipol:v:60:y:2011:i:1:p:48-61
    DOI: 10.1515/zfwp-2011-0104
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