The Transition to Decentralized Energy: Challenges, Opportunities and Progress
University of Puerto Rico Business Law Journal, Vol. 10, Forthcoming;
65 Pages Posted: 5 Mar 2019
Date Written: February 28, 2019
The European Union (EU) 2020 Energy Strategy calls for reducing the EU’s greenhouse gas emissions, increasing the share of renewable energy, and achieving significant energy savings. All EU countries must also increase the share of renewable energy in their transport sectors. EU member states are at various stages of compliance. This article analyses the situations in Slovenia, Croatia, Austria, and Luxembourg. It analyses relevant governance structures in each country and identifies where regulation is conducive to the above goals and where it is acting as a barrier. Given that deregulation and decentralization are part of achieving the EU’s energy strategy, the article examines where each of the four countries stands on that front and what specific initiatives and projects are underway towards greater deregulation and decentralization. Such initiatives include rollouts of smart metering systems and of electric vehicles as well as launching demand response schemes. The article also addresses relevant data protection concerns.
Keywords: decentralized energy, demand response, electric vehicles, deregulation, smart meters, smart grids
JEL Classification: Q4, Q5
Suggested Citation: Suggested Citation