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.

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

Get Book Here

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.

Energy Law in Europe

Energy Law in Europe PDF Author: Martha M. Roggenkamp
Publisher: Oxford University Press, USA
ISBN: 9780198712893
Category : Law
Languages : en
Pages : 0

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Book Description
Over the last few years, the energy sector in Europe has undergone rapid change. Following the adoption of the EU Third Energy Package and the Climate and Energy Package in 2007, a wide range of EU laws governing the next phase of the EU Internal Energy Market, climate change objectives, and security of supply considerations have entered into force. This new edition builds upon earlier editions of the work to provide an updated overview of important developments at national, international, and European levels, covering the most important principles of international law relevant to the energy sector. The first part of the book provides overviews of international and EU law. This is followed by chapters which look at specific European jurisdictions. A number of key energy-producing jurisdictions are focused on, including France, Poland, and the UK. In addition, a chapter is now included to outline Russian energy law. Written by a team of specialist academics and practitioners, Energy Law in Europe: National, EU and International Regulation offers in-depth coverage of energy law, trade and regulation for both practitioners and academics specializing in the energy sector.

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.

EU Energy Law and Policy

EU Energy Law and Policy PDF Author: Kim Talus
Publisher:
ISBN: 0199686394
Category : Law
Languages : en
Pages : 342

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Book Description
Providing a critical examination of EU energy law and policy in its wider context, this book takes into account international energy markets and international energy policies, the economics of energy market regulation, geopolitical aspects of energy policy, and international developments that affect EU energy policy.

Energy in International Trade Law

Energy in International Trade Law PDF Author: Anna-Alexandra Marhold
Publisher: Cambridge University Press
ISBN: 1108427227
Category : Law
Languages : en
Pages : 355

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Book Description
A study of energy regulation in international trade law against the backdrop of energy markets that have undergone radical change.

Electricity Network Regulation in the EU

Electricity Network Regulation in the EU PDF Author: Leonardo Meeus
Publisher: Edward Elgar Publishing
ISBN: 1786436094
Category : Business & Economics
Languages : en
Pages : 179

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Book Description
The UK model of incentive regulation of power grids was at one time the most advanced, and elements of it were adopted throughout the EU. This model worked well, particularly in the context of limited investment and innovation, a single and strong regulatory authority, and limited coordination between foreign grid operators. This enlightening book shows that since 2010 the whole context has changed and regulation has had to catch-up and evolve. The EU is entering a wave of investment, and an era of new services and innovation which has created growing tensions between national regulatory authorities in terms of coordinating technical standards and distribution systems. This is being played out against an increasingly disruptive backdrop of digitzation, new market platforms and novel business models.

Regulations in the Energy Industry

Regulations in the Energy Industry PDF Author: André Dorsman
Publisher: Springer Nature
ISBN: 3030322963
Category : Business & Economics
Languages : en
Pages : 263

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Book Description
This book provides a broad overview of the financial, economic and legal implications of energy industry regulations in various countries. In light of significant changes around the globe, it analyses various institutions that are involved in regulative measures, and based on various country studies, it offers insights into how energy sector regulations differ across countries with different market structures and institutions. Covering major topics such as laws and regulations geared to market competition and sustainability and the impact of noncompliance to regulations, from the perspectives of financial markets, and financial risks, the book is divided into four parts: Part I Regulations: price and trade controls; Part II. Non-price & trade control regulations; Part III: Compliance with regulations; and Part IV: Market issues and regulation. It will appeal to scholar in economics, finance and related fields as well as to policymakers and practitioners in the energy industry. This is the seventh volume in a series on energy organized by the Centre for Energy and Value Issues (CEVI). The previous volumes in the series were: Financial Aspects in Energy (2011), Energy Economics and Financial Markets (2012), Perspectives on Energy Risk (2014), Energy Technology and Valuation Issues (2015), Energy and Finance (2016) and Energy Economy, Finance and Geostrategy (2018).

Decision Making Under Uncertainty in Electricity Markets

Decision Making Under Uncertainty in Electricity Markets PDF Author: Antonio J. Conejo
Publisher: Springer Science & Business Media
ISBN: 1441974210
Category : Business & Economics
Languages : en
Pages : 549

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Book Description
Decision Making Under Uncertainty in Electricity Markets provides models and procedures to be used by electricity market agents to make informed decisions under uncertainty. These procedures rely on well established stochastic programming models, which make them efficient and robust. Particularly, these techniques allow electricity producers to derive offering strategies for the pool and contracting decisions in the futures market. Retailers use these techniques to derive selling prices to clients and energy procurement strategies through the pool, the futures market and bilateral contracting. Using the proposed models, consumers can derive the best energy procurement strategies using the available trading floors. The market operator can use the techniques proposed in this book to clear simultaneously energy and reserve markets promoting efficiency and equity. The techniques described in this book are of interest for professionals working on energy markets, and for graduate students in power engineering, applied mathematics, applied economics, and operations research.

Energy Law, Climate Change and the Environment

Energy Law, Climate Change and the Environment PDF Author: Martha M. Roggenkamp
Publisher: Edward Elgar Publishing
ISBN: 1788119681
Category : Law
Languages : en
Pages : 865

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Book Description
This comprehensive volume of the Elgar Encyclopedia of Environmental Law provides an overview of the major elements of energy law from a global perspective. Based on an in-depth analysis of the energy chain, it offers insight into the impacts of climate change and environmental issues on energy law and the energy sector. This timely reference work highlights the need for modern energy law to consider environmental impacts and promote the use of clean energy sources, whilst also safeguarding a reliable and affordable energy supply.