Title :
The Green Impact: How Renewable Sources Are Changing EU Electricity Prices
Author :
Chaves-Avila, Jose Pablo ; Wurzburg, Klaas ; Gomez, Tomas ; Linares, Pedro
Author_Institution :
Comillas Pontifical Univ., Madrid, Spain
Abstract :
The European Union (EU) energy policy focuses on achieving a balance between three main pillars: increase the security of supply, reduce the impact of climate change, and improve economic competitiveness. To accomplish these objectives, the EU has been creating competitive conditions that internalize environmental externalities, and it has also actively promoted renewable energy.
Keywords :
environmental factors; government policies; renewable energy sources; EU electricity prices; EU energy policy; European Union energy policy; climate change impact reduction; economic competitiveness; green impact; renewable energy; renewable sources; Biomass; Coal; Electricity supply indutry; Energy consumption; Europe; Global warming; Government policies; Power grid; Power grids;
Journal_Title :
Power and Energy Magazine, IEEE
DOI :
10.1109/MPE.2015.2416111
