University of Twente Student Theses

Login

The European Union’s liberalisation of electricity markets since 1996 : implementation and consequences in France.

Lesieur, Claire (2023) The European Union’s liberalisation of electricity markets since 1996 : implementation and consequences in France.

This is the latest version of this item.

[img] PDF
966kB
Abstract:This thesis explores the liberalisation of the French electricity market within the context of its European legislative framework, focusing on the alignment of european liberal policy goals with the implemented directives. It investigates the manner in which France approached this regulatory shift and how it today reflects the goals which motivated the liberal policies in the first place. An examination of EU directives’ translation into French law is conducted, revealing France's approach to liberalisation as minimalistic, prioritising its security of supply and the preservation of EDF's dominant position. The research delves into the effects of this liberalisation process on France's electricity market. An analysis of key variables, namely the price levels and investment into production capacity, is carried out, as a way of verifying the matching of the French practice with the European liberal policy goals. Despite liberalisation's promise of market efficiency, this thesis’ findings indicate that these outcomes were not achieved in the French electricity market. Notably, no significant decrease in price or increase in investment was observed post-liberalisation. On the contrary, the liberalisation has been extensively criticised for undermining France’s security of supply and capacity to manage prices.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:83 economics, 86 law
Programme:European Studies MSc (69303)
Link to this item:https://purl.utwente.nl/essays/95712
Export this item as:BibTeX
EndNote
HTML Citation
Reference Manager

 

Repository Staff Only: item control page