Driving the Sustainability and Competitiveness of the European Energy Sector. How Can the Juncker Plan Achieve More?

被引:0
|
作者
Murafa, Corina [1 ]
机构
[1] Bucharest Acad Econ Studies ASE Bucuresti, Bucharest, Romania
关键词
energy policy; Public Private Partnerships; investments; Juncker Plan; project finance;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The article defines the concepts of "sustainability" and "competitiveness", applied to the European energy sector. It then analyses various financing instruments that can drive these two objectives, like project finance, purely public subsidies and Public Private Partnerships (PPPs). Examining the financial, political and implementation risks of energy PPPs, it derives lessons for the institutional improvement of the Juncker Plan, the most ambitious PPP in the energy sector so far. Policy prescriptions comprise aspects related to greater transparency, higher risk taking for the European Investment Bank to avoid creaming the market, improving the equity of geographical distribution through capacity building.
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页码:2697 / 2704
页数:8
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