Power Cut? How the EU Is Pulling the Plug on Electricity Markets : How the EU Is Pulling the Plug on Electricity Markets

Box 1 Carbon taxes versus cap-and-trade schemes -- Box 2 Institutions matter -- Box 3 The natural monopoly problem -- Figure 1 EU28's gross inland consumption of energy by source (2013, left panel) and gross electricity generation by source (2013, right panel) -- Figure 2 Transmission and distribution grids within the power industry -- Figure 3 Supply and demand curves in the Italian Power Exchange (IPEX) on 10 December 2014 at 12 a.m. -- Figure 4 EU legislative framework for energy -- Figure 5 Regulatory conditions in the electricity sector (1975-2013) in Europe -- Figure 6 Renewable energy as a share of electricity generation compared with 2010 plans ('target') -- Figure 7 Main renewable energy support instruments in the EU27 -- Figure 8 Average support to renewable energy production in the EU [€/MWh] by country -- Figure 9 Average support to renewable energy production in the EU(€/MWh) by technology -- Figure 10 Average CO2 abatement cost in some EU member states -- Figure 11 Share of renewable and non-renewable electricity production in EU28 -- Figure 12 Hourly prices of power in the day-ahead market in Italy for the Sicily market zone on Wednesday, 12 May 2010 (left) and 14 May 2014 (right) -- Figure 13 Installed generating capacity by source (bars, left axis) versus final electricity consumption (line, right axis) in the EU28 -- Figure 14 Energy-related CO2 emissions per capita and CO2 intensity in selected regions -- Table 1 Achievements of EU electricity directives -- Table 2 Overview of RES electricity support instruments by country and technology -- The author -- Foreword -- Acknowledgment -- Summary -- Tables, figures and boxes -- 1 Introduction -- Complex supply chains and state monopolies -- Tackling environmental concerns -- Summary -- PART 1 -- The Theoretical Framework -- 2 The climate-energy nexus -- Carbon emissions and energy