European competition policy and the energy transition
In the transition to a low carbon energy sector, what role does the European Commission foresee for competition policy ?
Speakers
Georg Zachmann
Senior fellow
Margrethe Vestager
Executive Vice-President, European Commission
Carlos Sallé Alonso
Director of Energy Policies and Climate Change, Iberdrola,
Justus Haucap
Member of the Scientific Council
Founding Director of the Düsseldorf Institute for Competition Economics (DICE), Heinrich-Heine-University of Düsseldorf
Ambitious European Union targets for decarbonising the economy are already shaping the energy sector. Competition policy has to react to this step-change. Authorities must not block this transformation by clinging to out-dated models, but they must also be vigilant not to accept it as an excuse for undue state-intervention. The issue raises manifold questions for competition policymakers. What is the role of state aid (supporting renewables or capacity mechanisms)? How can we define markets for antitrust surveillance and merger control?
We were delighted to welcome Commissioner Vestager for a discussion about the role of European competition policy in the energy market, and especially its potential impact on the transition to a low-carbon energy sector.
EVENT RECORDING
EVENT MATERIALS
Related content
European natural gas imports
This dataset aggregates daily data on European natural gas import flows and storage levels.
Talks@Bruegel: How the US weaponised the world economy with Abe Newman
How does recent research illuminate the US' influence on global surveillance and control, and what does this imply for international economies?
Talks@Bruegel: China's tech regulations and global tech rivalry with Angela Zhang
How China governs Big Tech and regulates Artificial Intelligence?
AI in the labour market: balancing disruption and development
How can we maximise the benefits of AI while addressing its potential negative impact on income distribution and labor markets?