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ACER’s Success in Establishing and Ensuring the Functioning of the Internal Energy Market: Through the Eyes of NRAs and Traders

Author

Listed:
  • Alenka Lena Klopcic

    (Montel Energetika.net, Slovenia)

  • Jana Hojnik

    (University of Primorska, Slovenia)

  • Ales Pustovrh

    (University of Ljubljana, Slovenia)

Abstract

The Agency for the Cooperation of Energy Regulators (ACER) was launched in 2011 to contribute to the establishment and functioning of the EU's internal energy market. This study aims to evaluate ACER's success in establishing and ensuring the functioning of the internal energy market, both from ACER's and its stakeholders' (energy regulators and energy traders in the EU member states) perspective. The paper includes the results of interviews with nine national regulatory authorities (NRAs) and ten energy traders from the EU member states. This research revealed that, based on their perception, ACER is actually crucial for the operation of the internal market. In addition, NRAs and energy traders mostly agree that the EU has a nearly functional internal energy market and that ACER is vitally important for the functioning of the internal market.

Suggested Citation

  • Alenka Lena Klopcic & Jana Hojnik & Ales Pustovrh, 2020. "ACER’s Success in Establishing and Ensuring the Functioning of the Internal Energy Market: Through the Eyes of NRAs and Traders," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 18(2 (Summer), pages 91-110.
    • Handle: RePEc:mgt:youmgt:v:18:y:2020:i:2:p:91-110
    DOI: 10.26493/1854-6935.18.91-110
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    References listed on IDEAS

    as
    1. Robert H. Frank, 2012. "The Darwin Economy: Liberty, Competition, and the Common Good: With a new afterword by the author," Economics Books, Princeton University Press, edition 1, number 9852.
    2. Borut Roncevic & Janez Sustersic & Peter Wostner & Tamara Besednjak Valic, 2010. "Quo Vadis, Slovenia? Between Framework Conditions and Internal Capabilities," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 8(4), pages 353-380.
    3. James M. Quirk, 2008. "Globalization at Risk: The Changing Preferences of States and Societies," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 6(4), pages 341-371.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    regulator; internal energy market; EU; functioning; ACER;
    All these keywords.

    JEL classification:

    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading

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