A new Special Report examines the contribution that electricity trading can make towards reducing the costs of the EU’s transition to a competitive low-carbon economy, but warns that the scale and urgency of the infrastructure challenges call for significant further progress.

Despite the fact that the economic crisis has made the EU less attractive as a partner to Ukraine in the short term, a new CEPS Working Document finds that an association agreement with the EU stands out as the only alternative that promises to put the country’s shaky economy back on track.