Introducing Free Markets And Competition To The Electricity Sector In Europe

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Introducing Free Markets and Competition to the Electricity Sector in Europe

Author : Mel Marquis
Publisher : Unknown
Page : 382 pages
File Size : 47,8 Mb
Release : 2001
Category : Business & Economics
ISBN : STANFORD:36105111364985

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Introducing Free Markets and Competition to the Electricity Sector in Europe by Mel Marquis Pdf

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.

Making Energy Markets

Author : Ronan Bolton
Publisher : Springer Nature
Page : 367 pages
File Size : 41,8 Mb
Release : 2022-02-01
Category : Social Science
ISBN : 9783030900755

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Making Energy Markets by Ronan Bolton Pdf

Making Energy Markets charts the emergence and early evolution of electricity markets in western Europe, covering the decade from the late 1980s to the late 1990s. Liberalising electricity marked a radical deviation from the established paradigm of state-controlled electricity systems which had become established across Europe after the Second World War. By studying early liberalisation processes in Britain and the Nordic region, and analysing the role of the EEC, the book shows that the creation of electricity markets involved political decisions about the feasibility and desirability of introducing competition into electricity supply industries. Competition introduced risks, so in designing the process politicians needed to evaluate who the likely winners and losers might be and the degree to which competition would impact key national industries reliant on cross-subsidies from the electricity sector, in particular coal mining, nuclear power and energy intensive production. The book discusses how an understanding of the origins of electricity markets and their political character can inform contemporary debates about renewables and low carbon energy transitions.

Liberalization of Electricity Markets and the Public Service Obligation in the Energy Community

Author : Rozeta Karova
Publisher : Kluwer Law International B.V.
Page : 422 pages
File Size : 48,5 Mb
Release : 2012-02-01
Category : Law
ISBN : 9789041141910

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Liberalization of Electricity Markets and the Public Service Obligation in the Energy Community by Rozeta Karova Pdf

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.

IBSS: Economics: 2002 Vol.51

Author : Compiled by the British Library of Political and Economic Science
Publisher : Routledge
Page : 676 pages
File Size : 47,6 Mb
Release : 2013-05-13
Category : Business & Economics
ISBN : 9781134340026

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IBSS: Economics: 2002 Vol.51 by Compiled by the British Library of Political and Economic Science Pdf

First published in 1952, the International Bibliography of the Social Sciences (anthropology, economics, political science, and sociology) is well established as a major bibliographic reference for students, researchers and librarians in the social sciences worldwide. Key features * Authority: Rigorous standards are applied to make the IBSS the most authoritative selective bibliography ever produced. Articles and books are selected on merit by some of the world's most expert librarians and academics. *Breadth: today the IBSS covers over 2000 journals - more than any other comparable resource. The latest monograph publications are also included. *International Coverage: the IBSS reviews scholarship published in over 30 languages, including publications from Eastern Europe and the developing world. *User friendly organization: all non-English titles are word sections. Extensive author, subject and place name indexes are provided in both English and French. Place your standing order now for the 2003 volumes of the the IBSS Anthropology: 2002 Vol.48 December 2003: 234x156: Hb: 0-415-32634-6: £195.00 Economics: 2002 Vol.51 December 2003: 234x156: Hb: 0-415-32635-4: £195.00 Political Science: 2002 Vol.51 December 2003: 234x156: Hb: 0-415-32636-2: £195.00 Sociology: 2002 Vol.52 December 2003: 234x156: Hb: 0-415-32637-0: £195.00

Russian Electricity and Energy Investment Law

Author : Anatole Boute
Publisher : BRILL
Page : 803 pages
File Size : 45,6 Mb
Release : 2015-08-20
Category : Law
ISBN : 9789004203280

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Russian Electricity and Energy Investment Law by Anatole Boute Pdf

This book analyzes the regulatory framework that Russia has developed to attract private capital and technology in the modernization of the electricity infrastructure. Comparing Russian and EU electricity law, the book identifies regulatory risks and examines investors’ protection under Russian and international investment law.

The Evolution of Electricity Markets in Europe

Author : Leonardo Meeus
Publisher : Edward Elgar Publishing
Page : 192 pages
File Size : 54,7 Mb
Release : 2020-11-27
Category : Business & Economics
ISBN : 9781789905472

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The Evolution of Electricity Markets in Europe by Leonardo Meeus Pdf

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.

Introduction to EU Energy Law

Author : Kim Talus
Publisher : Oxford University Press
Page : 193 pages
File Size : 55,6 Mb
Release : 2016-09-15
Category : Law
ISBN : 9780192509628

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Introduction to EU Energy Law by Kim Talus Pdf

Offering an introduction to students on the most essential elements of EU energy law and policy, this volume will be the go-to text for those seeking knowledge of EU energy regulation and its objectives, as well as an overview of energy law. Specific topics will cover the content of sector-specific energy regulation, the application and impact of general EU law on energy markets, third party access, unbundling, investment in cross-border networks, energy trading and market supervision, the application of general EU competition law on energy markets, the impact of free movement provisions, and the application of state aid rules. A structured, step by step guide through the fundamental areas of EU energy law.

Handbook on Electricity Markets

Author : Glachant, Jean-Michel,Joskow, Paul L.,Pollitt, Michael G.
Publisher : Edward Elgar Publishing
Page : 672 pages
File Size : 49,9 Mb
Release : 2021-11-12
Category : Business & Economics
ISBN : 9781788979955

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Handbook on Electricity Markets by Glachant, Jean-Michel,Joskow, Paul L.,Pollitt, Michael G. Pdf

With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.

Free Movement and the Energy Sector in the European Union

Author : Sirja-Leena Penttinen
Publisher : Routledge
Page : 286 pages
File Size : 40,7 Mb
Release : 2020-04-27
Category : Business & Economics
ISBN : 9781000075007

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Free Movement and the Energy Sector in the European Union by Sirja-Leena Penttinen Pdf

This book analyses the case-law of the European Court of Justice on free movement in the energy sector. Sirja-Leena Penttinen provides a comprehensive review of the interpretation and application of the free movement provisions in the energy sector by the European Court of Justice (ECJ), which allow for cross-border energy trade (free movement of goods) and energy investments (free movement of capital). Through detailed analysis of ECJ case-law, Penttinen tracks the development of the legislative framework at EU level in response to the growth of the energy sector, as well as exposing the various political and economic nuances at play. In addition, she sheds light on the dynamic relationship between the EU Member States and their regulatory autonomy, the EU legislator, the Commission and the Court in the establishment of the EU internal energy market. Taking a coherent, systematic approach, this volume will be of great interest to scholars of EU law and energy policy, as well as policymakers and professionals working in this sector.

Energy Convergence

Author : Peter C. Fusaro
Publisher : John Wiley & Sons
Page : 266 pages
File Size : 49,7 Mb
Release : 2002-10-15
Category : Business & Economics
ISBN : 9780471266891

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Energy Convergence by Peter C. Fusaro Pdf

Praise for Energy Convergence "Another outstanding contribution to the understanding of risk management by Peter Fusaro. A useful work for the workplace, executive management training, and the classroom." -Dennis O'Brien, Director, Institute for Energy Economics and Policy and John A. Brock Professor for Energy Economics and Policy Sarkeys Energy Center, University of Oklahoma "Energy Convergence identifies and addresses the key elements in the ongoing development and evolution of the energy trading markets. This book is an important addition to the literature on contemporary energy trading markets. It pulls together in one place thoughtful discussions about the way the energy markets are converging from different starting points." -Andrea S. Kramer, Partner, McDermott, Will & Emery, and author of Financial Products: Taxation, Regulation, and Design "Peter Fusaro is the worldly-wisest commentator on commodity markets and exchanges that I know and should have been listened to far more often than he has been. This new book provides everyone with a fresh opportunity. With several colleagues he has written the best up-to-date introduction to market risk management and energy trading which should be studied by both the new practitioner and the oldest hand on the exchange." -Napier Collyns, Cofounder of Global Business Network, former Public Director of the New York Mercantile Exchange "Peter Fusaro has once again assembled a team of energy professionals to provide their views on emerging commodity markets and evaluation techniques. The book provides an excellent overview of market developments and market interactions, as well as presenting the business case for convergence of commodity markets via online trading and the Internet. Overall, a very unique and insightful book." -Wayne Moore, Manager, Risk Control, Generation and Energy Marketing, Southern Company "Considering the recent upheavals in U.S. energy markets, from the California electricity crisis to Enron's demise, this volume provides a timely introduction for anyone interested in developing a better understanding of the turbulent nature and complex interdependencies of energy markets." -Riaz Siddiqi, President and CEO, Capstone Global Energy, LLC

Financial Aspects in Energy

Author : André Dorsman,Wim Westerman,Mehmet Baha Karan,Özgür Arslan
Publisher : Springer Science & Business Media
Page : 231 pages
File Size : 45,5 Mb
Release : 2011-06-24
Category : Business & Economics
ISBN : 9783642197093

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Financial Aspects in Energy by André Dorsman,Wim Westerman,Mehmet Baha Karan,Özgür Arslan Pdf

Energy production and supply, as well as sourcing and consumption, are becoming evermore important in a volatile world. In this book, attention is paid to prevalent energy issues from a finance perspective. The topics discussed cover markets, prices, regulations and firms. An international group of authors from both academia and energy practice provides in twelve chapters a state of the art of the energy markets in a finance environment. They do so by discussing the current knowledge and presenting empirical research in this quickly changing and developing field. This book is the first in a planned series on energy at a high scientific level organized by the Centre for Energy and Value Issues (CEVI).

Global Environmental Governance Reconsidered

Author : Frank Biermann,Philipp Pattberg
Publisher : MIT Press
Page : 319 pages
File Size : 44,8 Mb
Release : 2012-07-06
Category : Business & Economics
ISBN : 9780262304771

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Global Environmental Governance Reconsidered by Frank Biermann,Philipp Pattberg Pdf

An examination of three major trends in global governance, exemplified by developments in transnational environmental rule-setting. The notion of global governance is widely studied in academia and increasingly relevant to politics and policy making. Yet many of its fundamental elements remain unclear in both theory and practice. This book offers a fresh perspective by analyzing global governance in terms of three major trends, as exemplified by developments in global sustainability governance: the emergence of nonstate actors; new mechanisms of transnational cooperation; and increasingly segmented and overlapping layers of authority. The book, which is the synthesis of a ten-year “Global Governance Project” carried out by thirteen leading European research institutions, first examines new nonstate actors, focusing on international bureaucracies, global corporations, and transnational networks of scientists; then investigates novel mechanisms of global governance, particularly transnational environmental regimes, public-private partnerships, and market-based arrangements; and, finally, looks at fragmentation of authority, both vertically among supranational, international, national, and subnational layers, and horizontally among different parallel rule-making systems. The implications, potential, and realities of global environmental governance are defining questions for our generation. This book distills key insights from the past and outlines the most important research challenges for the future.

Economics of Electricity

Author : Anna Cretì,Fulvio Fontini
Publisher : Cambridge University Press
Page : 369 pages
File Size : 42,7 Mb
Release : 2019-05-30
Category : Business & Economics
ISBN : 9781107185654

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Economics of Electricity by Anna Cretì,Fulvio Fontini Pdf

Explains the economics of electricity at each step of the supply chain: production, transportation and distribution, and retail.

Investing in EU Energy Security

Author : Henrik Bjørnebye
Publisher : Kluwer Law International B.V.
Page : 482 pages
File Size : 42,5 Mb
Release : 2010-01-01
Category : Law
ISBN : 9789041131188

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Investing in EU Energy Security by Henrik Bjørnebye Pdf

La 4e de couverture indique : "Since the introduction a quarter-century ago of market-based investments in the production of electricity and other critical services, our awareness of the underlying issues affecting the supply and consumption of energy has changed radically. No longer can Europe (or any region) rely on over-capacity of electricity generation and inexpensive primary energy fuels, or disregard the signs of potentially catastrophic climate change. The author of this timely and sharply focused book shows that, in the light of our current knowledge, ensuring new investments - and the right investments - in electricity generation constitutes an urgent energy policy challenge facing the EU over the coming decades. He accordingly makes the case for a serious reconsideration of the market facilitation and market intervention rules under electricity market legislation in the EU. In the first detailed legal analysis of the EU's internal electricity market framework for investments in electricity generation facilities from the perspective of security of supply, this book cover such legal issues as the following in precise detail : applicability of the Treaty on the Functioning of the European Union (TFEU) ; security of supply as a ground for exemption on the basis of public security ; justifications of public intervention ; the applicability of EU State aid provisions to investments in energy security ; requirements imposed by EU law on Member States for ensuring cost-efficient investments in European supply security ; facilitation of renewable energy sources and cogeneration in the environmental interest ; the Court of Justice's approach to Member State interventions ; the Court's decisions on restrictions on free movement in the environmental interest ; Member States' right to launch tendering procedures for new generation capacity ; Member States' right to impose public service obligations in the general economic interest on certain undertakings ; and relationship between the provisions of the TFEU and those of the Euratom Treaty in relation to investments in nuclear power generation. Throughout the study, in addition to his analysis of the decisions of the Court of Justice and the Court of First Instance, the author takes into account legal literature and Union reports, preparatory works, and working papers. The book demonstrates convincingly that today's energy supply challenges must be based on a broader balancing of security, competitiveness and sustainability interests. It suggests that the internal electricity market provisions of the Electricity Directive and the Security of Electricity Supply Directive would benefit from focusing more intensely on requiring investments in technologies and primary energy sources that will help mitigate climate change and reduce European energy import dependency, and less on the need for ensuring cost-efficient investments through market-based means. Through its detailed analysis of EU law in an area of great significance to both market participants and the public sector, Investing in EU Energy Security will be welcomed by legal advisors, whether working for the EU electricity industry or public agencies responsible for implementation of internal electricity market measures, as well as by academics in this hugely important field of current research."

Capacity Mechanisms in the EU Energy Market

Author : Leigh Hancher,Adrien de Houteclocque,Malgorzata Sadowska
Publisher : Oxford University Press, USA
Page : 443 pages
File Size : 55,8 Mb
Release : 2015
Category : Law
ISBN : 9780198749257

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Capacity Mechanisms in the EU Energy Market by Leigh Hancher,Adrien de Houteclocque,Malgorzata Sadowska Pdf

Ensuring an adequate, long-term energy supply is a paramount concern in Europe. EU member states now intervene by encouraging investment in generation capacity, offering an additional revenue stream for conventional power plants in addition to the existing, heavily subsidised investments in renewable energy sources. These capacity remuneration mechanisms (or simply capacity mechanisms) have become a hot topic in the wider European regulatory debate. European electricity markets are increasingly interconnected, so the introduction of a capacity mechanism in one country not only distorts its national market but may have unforeseeable consequences for neighbouring electricity markets. If these mechanisms are adopted by several member states with no supra-national coordination and no consideration for their cross-border impact, they may cause serious market distortions and put the future of the European internal electricity market at risk. This book provides readers with an in-depth analysis of capacity mechanisms, written by an expert team of policy-makers, economists, and legal professionals. It will be a first point of reference for regulators and policy-makers responsible for designing optimal capacity mechanisms in Europe, and will be an invaluable resource for academics and practitioners in the fields of energy, regulation, and competition.--