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Review

Trend Analysis of Cross-Border Electricity Trading in Pan-European Network

by
Venizelos Venizelou
and
Andreas Poullikkas
*
Cyprus Energy Regulatory Authority, P.O. Box 24936, Nicosia 2002, Cyprus
*
Author to whom correspondence should be addressed.
Energies 2024, 17(21), 5318; https://doi.org/10.3390/en17215318
Submission received: 25 September 2024 / Revised: 11 October 2024 / Accepted: 21 October 2024 / Published: 25 October 2024
(This article belongs to the Section F: Electrical Engineering)

Abstract

The long-term global target of facilitating energy security and optimizing resource utilization while supporting the transition to sustainable energy systems has led the pathway towards regional cooperation in the context of energy infrastructures and trading. Recent trends highlight the development of transnational energy grids, pipelines, and renewable energy projects, facilitating efficient distribution of electricity, gas, and other energy forms. These advancements offer benefits such as increased reliability of energy supply, cost savings through shared resources, and strengthened relationships between countries. However, challenges persist, including regulatory differences, geopolitical tensions, alignment of market rules as well as substantial investment requirements in infrastructure and technology. Addressing these challenges necessitates harmonized policies, robust legal frameworks, and cooperative international governance, which are crucial for effective cross-border energy trading. The aim of the work is to present the current landscape as well as analyze the latest trends and developments in the dynamic field of electricity interconnectors, providing insights into its trajectory and implications for the European internal energy market.
Keywords: cross-border trading; electricity interconnection; energy infrastructure; energy transition; internal energy market cross-border trading; electricity interconnection; energy infrastructure; energy transition; internal energy market

Share and Cite

MDPI and ACS Style

Venizelou, V.; Poullikkas, A. Trend Analysis of Cross-Border Electricity Trading in Pan-European Network. Energies 2024, 17, 5318. https://doi.org/10.3390/en17215318

AMA Style

Venizelou V, Poullikkas A. Trend Analysis of Cross-Border Electricity Trading in Pan-European Network. Energies. 2024; 17(21):5318. https://doi.org/10.3390/en17215318

Chicago/Turabian Style

Venizelou, Venizelos, and Andreas Poullikkas. 2024. "Trend Analysis of Cross-Border Electricity Trading in Pan-European Network" Energies 17, no. 21: 5318. https://doi.org/10.3390/en17215318

APA Style

Venizelou, V., & Poullikkas, A. (2024). Trend Analysis of Cross-Border Electricity Trading in Pan-European Network. Energies, 17(21), 5318. https://doi.org/10.3390/en17215318

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