Price Regulation of the Residential (Retail) Energy Market

Directive (EU) 2019/944 of the European Parliament and of the Council of 5 June 2019 on common rules for the internal market in electricity, which amends Directive 2012/27/EU, advocates for the phasing out of regulated household electricity prices in favour of a fully liberalised retail electricity...

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Main Author: Attila Nyikos
Format: Article
Language:English
Published: Tudatosan a Környezetünkért Egyesület 2025-03-01
Series:Közigazgatási és Infokommunikációs Jogi PhD Tanulmányok
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Online Access:https://journals.lib.pte.hu/index.php/kikphd/article/view/8301
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author Attila Nyikos
author_facet Attila Nyikos
author_sort Attila Nyikos
collection DOAJ
description Directive (EU) 2019/944 of the European Parliament and of the Council of 5 June 2019 on common rules for the internal market in electricity, which amends Directive 2012/27/EU, advocates for the phasing out of regulated household electricity prices in favour of a fully liberalised retail electricity market. According to the author’s position, the removal of regulated end-user prices adversely affects Hungarian household consumers. This stance is supported by the economic argument that genuine competition in the household electricity market can only function effectively—thus should only be permitted by law—under specific conditions: the presence of a developed economy with abundant domestically sourced energy resources; high individual income levels, which enhance consumer engagement; widespread adoption of energy-efficient, cost-effective technologies and innovations at the household level. Only where these criteria are met can liberalisation result in reduced household energy costs and increased energy savings over the long term. In all other contexts, even partial liberalisation of the retail market tends to trigger a spiralling increase in household energy prices.
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language English
publishDate 2025-03-01
publisher Tudatosan a Környezetünkért Egyesület
record_format Article
series Közigazgatási és Infokommunikációs Jogi PhD Tanulmányok
spelling doaj-art-e1ac59a117c54a0e84880213c2bfb5192025-08-20T02:10:29ZengTudatosan a Környezetünkért EgyesületKözigazgatási és Infokommunikációs Jogi PhD Tanulmányok2732-07312025-03-016110.47272/KIKPhD.2025.1.1Price Regulation of the Residential (Retail) Energy MarketAttila Nyikos0https://orcid.org/0009-0007-1106-2978Office for Supported Research Groups, HUN-REN TKI Directive (EU) 2019/944 of the European Parliament and of the Council of 5 June 2019 on common rules for the internal market in electricity, which amends Directive 2012/27/EU, advocates for the phasing out of regulated household electricity prices in favour of a fully liberalised retail electricity market. According to the author’s position, the removal of regulated end-user prices adversely affects Hungarian household consumers. This stance is supported by the economic argument that genuine competition in the household electricity market can only function effectively—thus should only be permitted by law—under specific conditions: the presence of a developed economy with abundant domestically sourced energy resources; high individual income levels, which enhance consumer engagement; widespread adoption of energy-efficient, cost-effective technologies and innovations at the household level. Only where these criteria are met can liberalisation result in reduced household energy costs and increased energy savings over the long term. In all other contexts, even partial liberalisation of the retail market tends to trigger a spiralling increase in household energy prices. https://journals.lib.pte.hu/index.php/kikphd/article/view/8301Electricity retail marketUSA vs. EU retailRegulated vs. fully liberalized supply
spellingShingle Attila Nyikos
Price Regulation of the Residential (Retail) Energy Market
Közigazgatási és Infokommunikációs Jogi PhD Tanulmányok
Electricity retail market
USA vs. EU retail
Regulated vs. fully liberalized supply
title Price Regulation of the Residential (Retail) Energy Market
title_full Price Regulation of the Residential (Retail) Energy Market
title_fullStr Price Regulation of the Residential (Retail) Energy Market
title_full_unstemmed Price Regulation of the Residential (Retail) Energy Market
title_short Price Regulation of the Residential (Retail) Energy Market
title_sort price regulation of the residential retail energy market
topic Electricity retail market
USA vs. EU retail
Regulated vs. fully liberalized supply
url https://journals.lib.pte.hu/index.php/kikphd/article/view/8301
work_keys_str_mv AT attilanyikos priceregulationoftheresidentialretailenergymarket