How 'Europeanized' are the European Electricity Industries? A Cross-Country Analysis of Markets and Policies

30 Pages Posted: 9 Jun 2010

See all articles by Paolo Nardi

Paolo Nardi

Bocconi University - CERTeT - Centre for Research on Regional Economics, Transport and Tourism; Polytechnic University of Milan - Dipartimento di Ingegneria Gestionale

Date Written: June 9, 2009

Abstract

This paper will show whether and to what extent it is possible to identify an impact of the European Commission (EC) on the Members States (MS) electricity policies and markets, in terms of convergence and integration among them. Mainstream recognizes a quixotic situation, which leads not to a convergence, but a convergence towards clusters of MS. In order to identify these clusters, a cluster analysis has been applied to a dataset, including country-specific data on electricity as of 2005. The final stable clusters do confirm the existence of three main groups, recalling a frequent taxonomy in the literature (Börzel, 2005), plus a fourth group including only Cyprus and Malta, whose dimensions and geographical aspects determine their similar results. It could be concluded that the EC has not (yet) enough strength to influence MS: the process of integration among markets will probably follow easily an already integrated industry.

Keywords: Europeanization, Electricity Policy, Cluster Analysis

Suggested Citation

Nardi, Paolo, How 'Europeanized' are the European Electricity Industries? A Cross-Country Analysis of Markets and Policies (June 9, 2009). Available at SSRN: https://ssrn.com/abstract=1622728 or http://dx.doi.org/10.2139/ssrn.1622728

Paolo Nardi (Contact Author)

Bocconi University - CERTeT - Centre for Research on Regional Economics, Transport and Tourism ( email )

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Milan, 20144
Italy
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Polytechnic University of Milan - Dipartimento di Ingegneria Gestionale ( email )

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Italy
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