Regional Cooperation Potentials in the European Context: Survey and Case Study Evidence from the Alpine Region

The energiewende (“Energy Turnaround”) in Germany will occur within the context of setting up Europe’s internal electricity market. An important initial step will be to intensify regional cooperation between neighboring countries. We assert that the full benefits of regional cooperation will be real...

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Bibliographic Details
Published in:Economics of energy & environmental policy 2014-09, Vol.3 (2), p.45-60
Main Authors: GERBAULET, CLEMENS, LORENZ, CASIMIR, RECHLITZ, JULIA, HAINBACH, TIM
Format: Article
Language:English
Subjects:
Alpine regions
Case studies
Context
Cooperation
Countries
Economic coordination mechanisms
Electric industries
Electrical grids
Electricity
Energy
Environmental policy
Financial investments
Infrastructure investments
International cooperation
Regional cooperation
Renewable energy
SYMPOSIUM ON THE GERMAN “ENERGIEWENDE”
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Summary:The energiewende (“Energy Turnaround”) in Germany will occur within the context of setting up Europe’s internal electricity market. An important initial step will be to intensify regional cooperation between neighboring countries. We assert that the full benefits of regional cooperation will be realized by integrating Europe’s market segments, e.g., real-time, day ahead, reserve markets and backup capacities, and coordinating grid expansion. This paper examines three existing regional schemes, the Pentalateral Forum, the North Sea Countries Offshore Grid Initiative and the Baltic Energy Market Interconnection Plan. The results of two case studies of the Alpine Region comprising Austria, France, Germany, Italy and Switzerland indicate that cross-border cooperation is possible even when involving only the operation of existing assets, and that the necessary capital-intensive investments in generation, renewables and transmission will be major challenges, but also potentially benefit the participating countries. We conclude that expanded regional cooperation is an essential element of Europe’s decarbonization initiative and Germany’s energiewende.
ISSN:2160-5882
2160-5890
DOI:10.5547/2160-5890.3.2.cger