Mind the gap: challenges and policy options for cross-border transmission network investments

Abstract

Cross-border transmission network investment requirements are expected to increase, in order to strengthen internal market integration and reach the renewable deployment policy target across Europe. This paper discusses the governance of cross-border transmission network infrastructure using four building blocks: network planning, ownership, financing and cost allocation. Firstly, the key characteristics of current regulatory arrangements and challenges faced are identified for each building block. Options are proposed jointly to address the identified challenges.