Designing a European energy price regulation system: some basic principles
van Aarle B. Konings J. Putseys A.
2024Routledge
Journal of Economic Policy Reform
2024#27Issue 145 - 65 pp.
The recent surge in energy prices in Europe and their high volatility, have a very large impact on its economy. Policymakers have sought to counteract the impacts of the unprecedented energy price shock with a plethora of measures albeit with limited success. This paper proposes a dynamic, flexible system of energy price regulation at the retail level. The mechanism is simple, automatic and has a number of parameters that can be adjusted to fine tune its execution. It is shown how the mechanism leads to toppling of energy prices and reduces their volatility. At the same time, it does not prevent energy prices to absorb long-run fundamental/ market-conform price trends.
energy price control , Energy price shocks
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LCIS and Vives, KU Leuven, Leuven, Belgium
Nazarbayev University Graduate School of Business, Kazakhstan
Vives, KU Leuven, Leuven, Belgium
Department of Economics and Vives, KU Leuven, Astana, Belgium
LCIS and Vives
Nazarbayev University Graduate School of Business
Vives
Department of Economics and Vives
10 лет помогаем публиковать статьи Международный издатель
Книга Публикация научной статьи Волощук 2026 Book Publication of a scientific article 2026