Electricity Market Island in European Interconnection

The European Union (EU) without net emissions of greenhouse gases, if it is possible before 2050, is the desired goal. It is recognized that reduction of greenhouse gas emissions is urgent in order to protect the health and well-being of people. The domestic emissions of greenhouse gases have dropped in the EU, contrary to the increase in the emission of greenhouse gases embedded in imports to the EU. Countries that are less intensive in terms of emissions of greenhouse gases are attractive for producers of cement, fertilizers, iron and steel, aluminum and hydrogen and such products increase in the total global emission of greenhouse gases.