Liberalization Of Electricity Markets And The Public Service Obligation In The Energy Community
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Liberalization Of Electricity Markets And The Public Service Obligation In The Energy Community
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Author : Rozeta Karova
language : en
Publisher: Kluwer Law International B.V.
Release Date : 2012-02-01
Liberalization Of Electricity Markets And The Public Service Obligation In The Energy Community written by Rozeta Karova and has been published by Kluwer Law International B.V. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-01 with Law categories.
This book presents the first in-depth analysis of the export of the EU electricity acquis, through the imposition of an EU-type regional electricity market (REM) in SEE within the enlargement process. Among other germane issues, the author discusses the following: the suitability of the European model of electricity markets’ liberalization for economies in transition; the use of the Public Services Obligations (PSO) to address the impact of electricity markets liberalization; the use of regulated prices and measures for granting priority rights for cross-border capacity allocation as PSOs; the Court of Justice judgement in Federutility on the sustainability of states’ protection of their different types of customers, including the large businesses; the Energy Community as a step towards a Pan-European Energy Community; the effect of simultaneous national electricity markets liberalization and cross-border regional integration of national electricity markets; and, the interplay between liberalization policy and reforms and the regulatory tools available to address their impact on provision of public services. The author’s proposed rethinking of the public services obligation offers new views on using this tool more effectively and proposes possibilities for its practical implementation through measures such as energy efficiency, allocation of interconnectors’ capacity, transparency, addressing the affordability issue and the protection of vulnerable customers. The book is remarkable for its clear analysis of the policy lessons arising from the export of the idea of liberalized energy markets, and will be welcomed by practitioners, officials, academics and others in energy law and policy for its informative and forward-looking overview of the national and cross-border reforms in the Energy Community framework.
The Electricity Market In Germany Regarding The Eu Directives To Market Liberalisation
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Author : Valentin Balint Pikler
language : en
Publisher: GRIN Verlag
Release Date : 2010-06-30
The Electricity Market In Germany Regarding The Eu Directives To Market Liberalisation written by Valentin Balint Pikler and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-06-30 with Political Science categories.
Master's Thesis from the year 2010 in the subject Business economics - Economic Policy, grade: 1, Oxford Brookes University, language: English, abstract: The main understanding of this work will suggest that the electricity market liberalisation need a new impulse from the biggest market players and from the regulators. The liberalisation process is defaulting; the practice and implementation should more precedes as the electricity market in the EU. The base; the Directives are settled by the Commission. The implementation by the big four companies on the market is be a long time coming. There is a wide range of different national experiences of liberalisation electricity markets in terms of the degree of the concentration of generation, the stringency of unbundling public ownership and regulatory institutions. The thesis is combining the “Third Party Access” and the “Single Buyer Model” with its empirical evidence and their implementation for Germany. However, the results of this report will reach a number of significant conclusions at the end of the thesis and will make several policy recommendations. (Blaxter,2006). It draws a distinction between observations that are relevant to the design a well functioned electricity markets. The German electricity sector has undergone considerable changes throughout the past few years (RWE, 2007). Main developments were related to liberalisation of electricity markets (generation and sell of power) and transport of electricity (grid operations), the evolving European CO2 emissions trading scheme and the promotion of renewable electricity generation.
Towards Liberalisation Of The European Electricity Markets
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Author : Elvira Pfrang
language : en
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Release Date : 1999
Towards Liberalisation Of The European Electricity Markets written by Elvira Pfrang and has been published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Electric utilities categories.
On 19 December 1996, the European Parliament and the Council adopted the Directive concerning common rules for an internal market in electricity. The key questions which arise from this development are the following: How far are the competition and internal market rules of the EC-Treaty applicable to the electricity sector? What are the contents of the directive and its consequences? How must Member States respond to enforce the objectives of the directive and what are the results of this new situation for both electricity supply and consumer undertakings?
Competition In Energy Markets
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Author : Peter D. Cameron
language : en
Publisher: Oxford University Press, USA
Release Date : 2002
Competition In Energy Markets written by Peter D. Cameron and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
Recent years have seen a major growth in the European law concerning the operation of the energy industry, especially with respect to electricity and gas. Several directives have been adopted that are aimed at the promotion of competition in this key sector of the European economy. At thesame time, the jurisprudence of the European Court had developed further on matters such as access to networks, import and export monopolies and security of supply.In this book the authors examine the principal legislation, Treaty provisions and decisions of the Court of Justice and Court of First Instance of the EU as they related to the promotion of competition in European energy markets. In particular, two chapters are devoted to a detailed analysis of theprovisions of the two directives that set out common rules for the creation of an internal market in the electricity and gas sectors. In each case, the analysis is set in the context of the various programmes of energy market liberalization and privatization in the Member States, which aresummarized in this book. However, the authors also take the wider pan-European context into account, explaining the requirements and the implications of the European Economic Area Agreement, the Energy Charter Treaty and the Europe Agreements with countries of Central and Eastern Europe.The approach adopted by the authors is both analytical and historical. They locate the legislation in the context of the EU Internal Market programme that began in the late 1980s and explain the roles played by the various parties (energy industries, consumers and EU institutions) in shaping thefinal legislation. Importantly, they explain how the framework character of the energy directives has led to further important rule-making in the implementation of the directives across the EU. They conclude that a co-ordinated response between the European Commission and the national regulatorswill be essential to resolve problems arising in the transition to a competitive energy market in the EU.
The Interplay Between European Merger Control Law And The Liberalisation Of European Electricity Natural Gas And Petroleum Markets
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Author : Henning Matthiesen
language : en
Publisher: GRIN Verlag
Release Date : 2023-04-21
The Interplay Between European Merger Control Law And The Liberalisation Of European Electricity Natural Gas And Petroleum Markets written by Henning Matthiesen and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-21 with Law categories.
Doctoral Thesis / Dissertation from the year 2020 in the subject Law - European and International Law, Intellectual Properties, grade: 2,2, Leuphana Universität Lüneburg (Fakultät Wirtschaftswissenschaften), language: English, abstract: This doctoral thesis examines how European merger control law is applied to the energy sector and to which extent its application may facilitate the liberalisation of the electricity, natural gas and petroleum industries so that only those concentrations will be cleared that honour the principles of the liberalisation directives. In 2007, the Commission emphasized that a real internal European energy market is essential to meet Europe’s three energy objectives. These were for example competitiveness to cut costs for citizens and undertakings to foster energy efficiency and investment, sustainability including emissions trading, and security of supply with high standards of public service obligations. The EU issued three pre-liberalisation directives since the 1990s. Dissatisfied with the existing monopolistic structures, in Germany through demarcation and exclusive concession agreements for the supply of electricity and natural gas, which were until 1998 exempted from the cartel prohibition provision, and the prevalence of exclusive rights on the energy markets, the Commission triggered infringement proceedings against four Member States. The CJEU confirmed that the Commission has the power to abolish monopoly rights under certain circumstances and the rulings had the effect of convincing the member states to enter into negotiations for an opening up of energy markets owing to the internal market energy liberalization directives 1996 / 1998 / 2003 / 2009 / 2019. The 2nd liberalisation package of 2003 brought a widening of market opening and acceleration of pace of market opening to a greater number of eligible customers and an increase in the provisions on management and legal unbundling. The 3rd energy package of 2009 addressed ownership unbundling of key-infrastructure ownership and energy wholesale and retail supply consisting of three regulations and two directives. The 4th liberalization package inter alia consists of a new IEMD2019 and IGMD2019 and addresses energy efficiency and rules on good governance in the Energy Union. A brief analysis of the economic implications of concentrations is followed by an assessment of the evolution of European merger control law since 1989, 1997 and 2004. Then, the theoretical findings are contrasted to the results of recent merger proceedings in the energy sector.
Lessons From Liberalised Electricity Markets
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Author : International Energy Agency
language : en
Publisher:
Release Date : 2005
Lessons From Liberalised Electricity Markets written by International Energy Agency and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
"After a decade or more of experiences in reforming electricity markets in several pioneer regions, some important lessons can now be drawn. This book gives an assessment of these developments, focusing on the issues that are critical for successful electricity market liberalization. One lesson is that it is a long process which requires strong on-going government involvement and commitment. Experiences and examples in the study are mainly drawn from the UK, Australian, Nordic and North Eastern United States (the PJM interconnection) markets, which have all operated with considerable success for a number of years. They have improved efficiency without jeopardizing system security. These markets are described in greater detail in annexes of the book but the main analysis focuses on key issues rather than on specific countries and regions or specific market models. The study explores different solutions used in those relatively robust markets and the remaining challenges."--Publisher description.
Introducing Free Markets And Competition To The Electricity Sector In Europe
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Author : Mel Marquis
language : en
Publisher:
Release Date : 2001
Introducing Free Markets And Competition To The Electricity Sector In Europe written by Mel Marquis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
Changes in EC electricity law are happening with amazing speed, and those changes are greater still when compared with the time required to understand them. This book is designed to provide both coverage and depth in relation to Europe's newly liberalised electricity sector and to the network of rules that govern it.In an exhaustive analysis, this book explains the current law, while taking account of imminent changes and anticipating further developments. Thorough case studies relating to the electricity sectors in France and in England & Wales are also provided for a more concrete understanding. The centrepiece chapter is devoted to reflections concerning the impact which the EC Treaty rules on competition and the free movement of goods will have on the functioning of an internal electricity market.For legal and economic practitioners as well as researchers, lawmakers, investors, and business leaders whose work requires a true understanding of the changes in the electricity industry in Europe, this book will serve as an essential reference work in the coming years. Mel Marquis obtained his Bachelor of Arts degree in Seattle at the University of Washington, and after serving as an officer of the US Army, attended Seton Hall Law School in Newark, N.J. He was awarded his J.D. magna cum laude in 1998, graduated a semester early, and was admitted to the New York and New Jersey bars. In the Spring of 1998, Mr. Marquis worked as a stagiaire for Judge Rafael García-Valdecasas at the Court of First Instance in Luxembourg. His experience in Luxembourg prompted him to begin giving guest lectures to American law students interested in community law. After working as an attorney in the United States, Mr. Marquis spent a year as a William J. Fulbright legal research scholar at the European University Institute in Florence, Italy. His research, focused particularly on EC competition law and the regulated industries, culminated in his book Introducing Free Markets and Competition to the Electricity Sector in Europe. Mr Marquis currently works in Brussels as an associate for Van Bael & Bellis. At the moment he is concentrating his personal research on intellectual property issues within the antitrust context, as well as emerging issues such as the impact of antitrust on the media, telecommunications, and the internet. He will be lecturing on EC competition law this Summer as a guest at the University of Parma.
The Transformation Of Economic Law
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Author : Lucila de Almeida
language : en
Publisher: Bloomsbury Publishing
Release Date : 2019-09-05
The Transformation Of Economic Law written by Lucila de Almeida and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-05 with Law categories.
This book is written in honour of Hans-W. Micklitz for his jubilee 70th birthday and the closure of his twelve-year term as the Chair for Economic Law at the European University Institute (EUI). Hans-W. Micklitz has gained international recognition for dedicating his extensive and fruitful career to diverse areas of law: European Economic Law, European Private Law, National and European Consumer Law, Legal Theory, theories of Private Law and Social Justice. This book is a product of the collaborative endeavors of its contributors, who all have a special connection with Hans W. Micklitz as his doctoral supervisees or research assistants. The collection of twenty chapters is to be read as the influence of Hans's dialogues in the early stage of the academic career of thirty-one young legal scholars. The volume is divided into three sections devoted to subjects that have received Hans's attention while at the EUI: EU Consumer Law (part I); European Private Law and Access Justice (part II); the CJEU between the individual citizen and the Member States (part III).
The Proliferation Of Privileged Partnerships Between The European Union And Its Neighbours
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Author : Sieglinde Gstöhl
language : en
Publisher: Routledge
Release Date : 2019-06-26
The Proliferation Of Privileged Partnerships Between The European Union And Its Neighbours written by Sieglinde Gstöhl and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-26 with Political Science categories.
This edited volume provides a timely analysis of the European Union’s ‘privileged’ partnerships with neighbouring countries, identifying key points of comparison. It analyses which policy areas are covered and why, the reasons why a specific institutional arrangement has been chosen, the major advantages and shortcomings for both sides and how effectively the privileged partnerships have worked in practice. Drawing on a number of case studies, the book highlights critical junctures and path dependence in the EU’s external relations and examines what general lessons can be drawn regarding privileged partnerships, in particular with a view to the UK’s post-Brexit relationship with the EU. This book will be of key interest to scholars, students and practitioners in EU affairs, European politics, diplomacy studies, and more broadly to international relations and law.
Application Of Anti Manipulation Law To Eu Wholesale Energy Markets And Its Interplay With Eu Competition Law
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Author : Huseyin Cagri Corlu
language : en
Publisher: Kluwer Law International B.V.
Release Date : 2018-06-05
Application Of Anti Manipulation Law To Eu Wholesale Energy Markets And Its Interplay With Eu Competition Law written by Huseyin Cagri Corlu and has been published by Kluwer Law International B.V. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-05 with Law categories.
In the course of energy liberalisation, electricity and natural gas contracts have been separated from physical delivery, and these contracts are now traded as commodities in multilateral trading facilities. Although designed to render energy trading standardised and efficient, this system raises serious questions as to whether existing regulatory and antitrust provisions are sufficient to address market abuses that cause imbalances in demand and supply. The European Union’s (EU’s) Regulation on Wholesale Energy Market Integrity and Transparency (REMIT), adopted to combat such market manipulation, is still lacking in significant case law to bolster its effectiveness. Addressing this gap, this invaluable book provides the first in-depth analysis of market manipulation in the energy sector, offering a deeply informed understanding of the new anti-manipulation rules and their implementation and enforcement. Focusing on practices that perpetrators employ to manipulate electricity and natural gas markets and the applicability of anti-manipulation rules to combat such practices, the analysis examines such issues and topics as the following: – factors and circumstances that determine when and what market misconduct can be subject to enforcement; – the European Commission’s criteria to determine whether a particular market is susceptible to regulation; – jurisdiction of REMIT and the Market Abuse Regulation (MAR) with respect to the prohibitions of insider trading in financial wholesale energy markets; – to what extent anti-manipulation rules and EU competition law may be applied concurrently; and – types of physical and financial instruments that market participants have employed in devising their manipulative schemes. Because market manipulation is rather new in the EU context but has been prohibited and prosecuted under US law for over a century, much of the case law analysis is from the United States and greatly clarifies how anti-manipulation rules may be enforced. A concluding chapter offers policy recommendations to mitigate legal uncertainties arising from REMIT. Energy market participants, such as energy producers, wholesale suppliers, traders, transmission system operators and their counsel, and legal practitioners in the field will welcome this book’s extensive legal analysis and its clear demarcation of the objectives that REMIT seeks to accomplish with respect to energy market liberalisation.