The European electricity market: fit for purpose?

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Climate, Energy & Natural Resources
The European electricity market: fit for purpose?

What happened?

The climate crisis and Russia’s war in Ukraine together act like a perfect storm for Europe’s turbulent energy market. In quick response to last year’s dramatic rises in prices, the European Commission earlier this month unveiled a set of proposed reforms to the EU’s electricity market that it hopes will be a robust response to both challenges.

The main aims of the proposed reforms are to protect private and corporate consumers from volatile fossil fuel prices, to accelerate the transition to renewable energy, and ultimately, to phase out natural gas, which is a major factor that determines electricity prices.

This policy insight debate brought respected voices from academia, the energy industry and the European Commission together to discuss the proposal. Speakers included Professor Leonardo Meeus, Director of the Florence School of Regulation at the European University Institute (EUI); Marion Labatut, Deputy Director of European Affairs at Électricité de France (EdF); and Annamaria Marchi, Deputy Head of Unit for the Internal Energy Market at the European Commission Directorate-General for Energy (DG ENER).

A common response to the Commission’s electricity market reform plans was a sense of relief that the proposals do not amount to widescale overhaul, which many had expected.

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Registration, coffee and lunch
The European electricity market: fit for purpose?
Expand The European electricity market: fit for purpose?
  • If reform of the market is inevitable, what should it look like and how can it expedite the decarbonisation of European energy supply?
  • What are the other structural changes needed in order to make the electricity system compatible with the European Green Deal?
  • How can EU reforms account for the divergence of opinions among the member states on what should be done?
  • Can a green power market, separate from fossil fuels, be established in Europe?
End of debate


Photo of Leonardo Meeus
Leonardo Meeus

Director of the Florence School of Regulation at the European University Institute (EUI)

Show more information on Leonardo Meeus

Leonardo Meeus is a Professor and the Director of the Florence School of Regulation at the EUI. The Loyola de Palacio Chair on European Energy Regulation and Policy at the Robert Schuman Centre is also a part-time professor at the KU Leuven in the engineering department and teaches public affairs at Vlerick Business School, where he used to be a partner. Meeus is an editor for the IEEE Transactions on Energy Markets, Policy and Regulation journal, and has published the open access book, “The Evolution of Electricity Markets in Europe”, as well as blogs about research with impact.

Photo of Tamsin Rose
Tamsin Rose


Show more information on Tamsin Rose

Tamsin Rose is a facilitator who was until recently a senior fellow for health at Friends of Europe. Having studied international relations, she has 25 years of experience working across the European continent from Ireland to Mongolia. A natural communicator, Tamsin has been a radio reporter, worked on press for the EU Delegation in Moscow and is currently a member of the external speaker team for the European Commission Directorate-General for Communication, describing how the EU works and key policies to visitor groups from around the world. Since 2002, she has specialised in public health and public participation issues, serving as the Secretary General of the European Public Health Alliance (EPHA), and providing strategic advice for health groups on how to engage successfully with the EU.



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