Legal and Regulatory Framework of European Energy Markets

Legal and Regulatory Framework of European Energy Markets PDF Author: Cansu D. Burkhalter
Publisher: Tectum Wissenschaftsverlag
ISBN: 3828874401
Category : Law
Languages : en
Pages : 309

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Book Description
Since the beginning of the 1990s, Europe has been struggling to establish a competitive as well as a fully integrated internal energy market. Until the early 1990s, the European energy markets consisted of national monopolies possessing vertically integrated structures. They were also still nationally segregated. Since, the EU has made the decision to open European energy markets to competition and subsequently establish an internal energy market. The European energy markets are currently controlled by a dual structure consisting of two different regulatory frameworks: competition law and sector-specific regulations. The primary goal of these legal instruments is the establishment of an internal energy market. This book aims at analysing the development of the European energy markets and policies from the perspective of competition law as well as sector-specific regulations and, hence, identifying the problems regarding the introduction of competition into the energy markets.

Legal and Regulatory Framework of European Energy Markets

Legal and Regulatory Framework of European Energy Markets PDF Author: Cansu D. Burkhalter
Publisher: Tectum Wissenschaftsverlag
ISBN: 3828874401
Category : Law
Languages : en
Pages : 309

Get Book

Book Description
Since the beginning of the 1990s, Europe has been struggling to establish a competitive as well as a fully integrated internal energy market. Until the early 1990s, the European energy markets consisted of national monopolies possessing vertically integrated structures. They were also still nationally segregated. Since, the EU has made the decision to open European energy markets to competition and subsequently establish an internal energy market. The European energy markets are currently controlled by a dual structure consisting of two different regulatory frameworks: competition law and sector-specific regulations. The primary goal of these legal instruments is the establishment of an internal energy market. This book aims at analysing the development of the European energy markets and policies from the perspective of competition law as well as sector-specific regulations and, hence, identifying the problems regarding the introduction of competition into the energy markets.

Competition in Energy Markets

Competition in Energy Markets PDF Author: Peter D. Cameron
Publisher: Oxford University Press, USA
ISBN: 9780198257707
Category : Business & Economics
Languages : en
Pages : 544

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Book Description
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 Evolution of Electricity Markets in Europe

The Evolution of Electricity Markets in Europe PDF Author: Leonardo Meeus
Publisher: Edward Elgar Publishing
ISBN: 1789905478
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches.

Capacity Mechanisms in the EU Energy Markets

Capacity Mechanisms in the EU Energy Markets PDF Author: Leigh Hancher
Publisher: Oxford University Press
ISBN: 0192666673
Category : Law
Languages : en
Pages : 513

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Book Description
Capacity remuneration mechanisms (or simply capacity mechanisms) have become a fact of life in member states' energy markets and are one of the hottest topics in the wider European regulatory debate. Concerned about the security of electricity supply, national governments are implementing subsidy schemes to encourage investment in conventional power generation capacity, alongside already heavily subsidized renewable energy sources. With the increasingly connected European electricity markets, the introduction of a capacity mechanism in one country not only tends to distort its national market but may also have unforeseeable consequences for neighbouring electricity markets. As these mechanisms are adopted by member states with limited supra-national coordination as well as consideration for the cross-border impact, they tend to cause serious market distortions and put the future of the European internal electricity market at risk. This second edition will take stock of how capacity mechanisms have actually worked so far and consider the consequences they have for the European internal electricity market. It will include a detailed overview of national capacity mechanisms, their implications for the EU internal market, and will outline the nature of market failures which are likely to occur in the European electricity markets. This edition is intended to serve as a point of reference for regulators and policy-makers on how to design optimal capacity mechanisms in Europe. It will be an invaluable resource for anyone interested in energy market design, regulation, and competition issues.

Market Building through Antitrust

Market Building through Antitrust PDF Author: Adrien de Hauteclocque
Publisher: Edward Elgar Publishing
ISBN: 085793774X
Category : Technology & Engineering
Languages : en
Pages : 225

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Book Description
By mixing legal, political and economic perspectives, this book will appeal to a wide range of readers from academia in law, economics and political science, regulatory and competition authorities, as well as legal and consulting practices and business

Electricity Trade in Europe

Electricity Trade in Europe PDF Author: Janusz Bielecki
Publisher: Kluwer Law International B.V.
ISBN: 9041122796
Category : Law
Languages : en
Pages : 374

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Book Description
Liberalisation in the power sector is high on the agenda of policy makers, regulators and the industry around the world. There is growing recognition of the benefits of power marker liberalisation and the need to further integrate regional markets in a liberal trade and investment environment. This volume brings together articles written by leading experts in the field of electricity trade and regulation in Europe. Organised in two parts, the contributions cover a range of issues from market structure, trade flows, infrastructure and investment to the regulatory framework within which the industry operates, including international trade rules and national technical, environmental and regulatory regimes. These are complex and sensitive issues requiring an in-depth understanding of the economics and regulation of the electricity trade and the primary object of this volume is to contribute to an informed debate on the subject. To this end, the contributors demonstrate how a competition ?friendly and liberal environment for electricity trade, including a system of non-discriminatory and transparent access to transmission and distribution networks, could contribute to improving market integration, economic efficiency , supply security and environmental health.

European Energy Law and Policy

European Energy Law and Policy PDF Author: Heiko Krüger
Publisher: Edward Elgar Publishing
ISBN: 1786430347
Category : Law
Languages : en
Pages : 264

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Book Description
EU energy law and policy have become more and more complex in recent years. Today these areas feature a multitude of layers concerning not only regulation of the power industry, but also security of energy supply, climate change, consumer needs and technical innovation. This textbook serves as an introduction to this distinctive field. For readers without much experience with the EU, the author provides a separate chapter which outlines the institutional structure and functioning of the European Union in the field of energy policy. Tables of key court decisions and key legislation, review questions and further reading lists ultimately help to give readers a lasting impression of one of the most vibrant fields of EU law and policy.

Energy Law in Europe

Energy Law in Europe PDF Author: Martha M. Roggenkamp
Publisher: Oxford University Press, USA
ISBN: 9780199217199
Category : Energy industries
Languages : en
Pages : 0

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Book Description
This work provides a comparative survey, analysis and synthesis of energy law and regulation under EU and international law and in eight key European energy producing jurisdictions. Topics include the impact of environmental law issues.

EU Energy Law and Policy

EU Energy Law and Policy PDF Author: Leigh Hancher
Publisher: European Energy Studies
ISBN: 9789077644553
Category : Business & Economics
Languages : en
Pages : 194

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Book Description
Navigating the challenges of a low carbon Europe: energy market regulation, the future of RES, and ensuring security of supply. This book provides an insight into some of the most significant issues presented at the Florence School of Regulation and Hellenic Energy Regulation Institute's joint conference on European energy law and policy, which took place in September 2016 in Athens, Greece. The purpose of the conference was to provide a comprehensive analysis of the current status of the European and Greek energy sector, and the issues it faces, from both a legal and economic perspective. The discussions included an assessment of the low carbon challenges for Europe, examining the future of renewable energy systems and support mechanisms, electricity market design, and the current regulatory framework of the gas and electricity markets in Greece. Finally, the discussions turned to the future role of distribution system operators, both in their function as independent supervisors of the electricity market and their evolving relationship with the transmission system operators. Highlights: Provides comprehensive analysis of the current European and Greek energy sector. Includes assessment of the low carbon challenges. Future role of DSO's. Evaluates the prospects if future energy law developments.

Regulation in the European Electricity Sector

Regulation in the European Electricity Sector PDF Author: Maciej M Sokołowski
Publisher: Routledge
ISBN: 1317332113
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
Since the very beginning of European integration, electricity has been within the legal sphere of the EU. Much of this is found within the binding European acts making up the framework of the Energy Packages. The established legal institutions have had a significant impact on the shape of the energy market in Europe. Nevertheless, the European energy market still seems to be developing, as demonstrated by the current lively discussion about the state of the Energy Union. Regulation in the European Electricity Sector delves into European energy law and reflects on some of the primary issues related to the public legal impact on the European energy sector. The book offers a brief explanation of the background operation of the electricity sector, as well as liberalisation within the area, and traces the evolution of the EU’s approach towards the issue of public law regulation within the electricity sector. Finally, the book presents an analysis of European and national laws, considering their interpretation, and explores the future of public law regulation. Aimed at giving the reader a deep insight into a nature of the state’s presence in the power sector, this book will be of great interest to students and scholars of EU energy law and policy.