Cross-border energy infrastructure plays a fundamental role in a well-integrated European internal energy market. It is a prerequisite for making full use of renewable energy production and for achieving Europe’s decarbonisation targets in the most...
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Cross-border energy infrastructure plays a fundamental role in a well-integrated European internal energy market. It is a prerequisite for making full use of renewable energy production and for achieving Europe’s decarbonisation targets in the most cost-efficient way.
Cross-border grid infrastructure, however, raises important questions around the allocation of risks, costs, and benefits across countries. Besides investment risks for grid operators, there are uneven costs and benefits – such as higher resilience and security of supply – that cannot easily be covered by cost-sharing mechanisms.
Moreover, offshore wind infrastructure, which is often hybrid, combining generation and transmission, poses problems due to its sheer complexity and the need for coordination among several EU member states and their non-EU neighbours.
Summary and Key Findings
This multidisciplinary study examines the existing regulatory framework and its challenges, such as its short-term focus and la
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