One grid to rule them all? The future of a European single electricity market

In this episode of the sound of economics, Rebecca Christie
invites Georg Zachmann and Christian Zinglersen to talk about the
ambitious idea of creating a more integrated European electricity
market. They discuss the drastic change in Europe’s energy
outlook, as we switch from a world of fossil imports to mostly
domestic electricity production. They address the benefits of a
better-coordinated European energy system, as well as the need
for improved communication between member states, harmonised
market instruments, and joint investment in infrastructure to
achieve greater efficiency and resilience. They lay out the
complexity of this cross-sectoral challenge and stress that this
needs strong political will and trust to move forward.

Relevant publication and event:


 Zachmann, G., C. Batlle, F. Beaude, C. Maurer, M.
Morawiecka and F. Roques (2024) ‘Unity in power, power in unity:
why the EU needs more integrated electricity markets’, Policy
Brief 2024/03, Bruegel

Why the EU needs more integrated electricity markets, Bruegel
event, 28 February 2024