Download or read book Electricity Market Design in the European Union written by Christopher Jones and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Eu Energy Law Volume XII Electricity Market Design in the European Union written by Florian Ermacora and published by . This book was released on 2020-03-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published by Claeys and Casteels, now formally part of Edward Elgar Publishing. At the end of 2018 the EU agreed a wholesale overhaul of EU electricity laws with the 'Electricity Market Design' package. The aim of this package is to bring EU electricity law up to date, taking account of its aim to become completely decarbonised by 2050, and to deal with the rapidly increasing level of intermittent renewable electricity in the network. The share of electricity produced by renewable energy sources is expected to grow to more than 50% in 2030. With this in mind, the electricity market design framework has been modernised to deal with intermittency, with new provisions on storage, capacity mechanisms (introducing a new emissions limit for power plants eligible to receive subsidies) and demand response. In addition, the role of consumers in the future electricity market has been re-thought and incorporated in the Electricity Market Design, providing the right incentives for consumers to become more active and to contribute to keeping the electricity system stable, as well as new consumer rights. In order to increase the resilience of the EU electricity system, each EU country is in the future required to define Risk Preparedness plans to be ready to respond to unexpected situations, working closely with neighbouring member states. The new rules will be supported by a stronger role for the ACER Agency, which coordinates work among national energy regulators, providing additional powers and responsibilities, and thus ensuring that decisions are taken for making best use of an integrated EU energy market to the benefit of all EU citizens. This new volume, written by all the key Commission officials responsible for drafting, negotiating and now implementing this major new piece of legislation is essential reading for all those involved in the regulation and development of Europe's electricity industry.

Download or read book Research Handbook on EU Energy Law and Policy written by Rafael Leal-Arcas and published by Edward Elgar Publishing. This book was released on 2017-10-27 with total page 563 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative Research Handbook presents, for the first time, a comprehensive overview of the most important research and latest trends in EU energy law and policy. It offers high-quality original contributions that provide state-of-the-art research in this rapidly evolving area, situated in the broader context of international economic law and governance.

Download or read book Capacity Mechanisms in the EU Energy Market written by Leigh Hancher and published by OUP Oxford. This book was released on 2015-09-24 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book European Energy Law and Policy written by Heiko Krüger and published by Edward Elgar Publishing. This book was released on 2016-09-30 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Capacity Mechanisms in EU Energy Law written by Kaisa Huhta and published by Kluwer Law International B.V.. This book was released on 2019-07-17 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many states – including European Union (EU) Member States – subsidise energy producers in order to guarantee the uninterrupted availability of affordable electricity. This book presents the first in-depth examination of how these so-called capacity mechanisms are addressed in EU law and how they affect the functioning of the EU energy markets. Focusing on the existing legal framework as well as the new provisions of the Clean Energy for All Europeans package for capacity mechanisms, the author addresses and analyses such aspects as the following: the structure and functioning of the EU electricity markets; EU’s competence to address security of supply and Member States’ margin of discretion; sector-specific rules for security of supply; legal conditions for subsidising generation adequacy; capacity remuneration under the EU State aid regime; free movement rules that address generation adequacy measures; balancing different interests of EU energy law in the context of generation adequacy; and the requirement of proportionality in State intervention to ensure generation adequacy. The analysis draws on relevant sources of EU law (treaties, regulations and directives) as well as the case law of the European Court of Justice and the General Court, together with soft law instruments such as Commission guidelines. Scholarly sources include not only legal literature but also work on energy policy, energy engineering and energy economics. As a detailed analysis of how capacity mechanisms address issues arising in the context of the enegy transition – and how the system of EU law applicable to capacity mechanisms should be interpreted to further the objectives of EU energy law – the book will help policymakers and legislators in Member States to understand the changing legal setting for capacity mechanisms. Lawyers, academics and other professionals who deal with EU electricity markets in the EU and beyond are sure to welcome its detailed description and analysis.

Download or read book EU Energy Law Volume I the Internal Energy Market written by Christopher Jones and published by . This book was released on 2020-04-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published by Claeys and Casteels, now formally part of Edward Elgar Publishing. Since the publication of the Fourth Edition in 2016 the EU's internal gas and electricity legislative framework has continued to develop quickly: A whole series of new Grid Codes have been adopted, including those on Capacity Allocation and, Congestion Management, on forward capacity allocation, on electricity balancing (EB), emergency and restoration, and on electricity transmission system operation. The Gas Directive has been amended, to bring pipelines connecting into the European system under the Internal Market rules on unbundling, regulated tariffs and third party access. The 'Electricity Market Design' package has been adopted, implementing new rules on balancing, capacity mechanisms, demand response, storage, the rights of consumers to participate in the electricity market and the powers and responsibilities of ACER. New exemption decisions for new infrastructure These changes mark a major evolution in the EU's Internal Market, as it pioneers the way towards a zero-carbon electricity system. The new volume continues to provide the standard industry reference work in this area, written by some of the key Commission Officials responsible for these developments, together with leading industry practitioners and academics.

Download or read book Capacity Mechanisms in the EU Energy Markets written by Leigh Hancher and published by Oxford University Press. This book was released on 2022-10-13 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Electricity Reform in Europe written by Jean-Michel Glachant and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . this volume comes across as one of the most profound sources on the specifics of European electricity market restructuring. Competition and Regulation in Network Industries The SESSA study on the Internal Energy Market was an important and influential contribution towards the Commission s proposal for a third package of proposals, intending to bring more effective competition and better security of supply to Europe s energy markets. This volume, based on the results of the study is an important and welcome contribution to the ongoing debate on these proposals. Andris Piebalgs, Commissioner for Energy at the European Commission The chapters in this book are written by the leading European scholars who have studied the structure, behavior and performance of liberalised electricity markets in many European countries as well as in other regions of the world. Both the analyses and the policy recommendations contained in this volume are well worth careful consideration by policymakers in Europe, as well as by policymakers in other countries that are seeking to adopt successful electricity sector liberalisation programs. From the foreword by Paul L. Joskow, Massachusetts Institute of Technology, US Dynamism or dissipation? Competition or national champions? Will enlargement promote or delay reform? Energy economists contemplate the challenges posed by the restless and discontent European Commission. Stephen Littlechild, University of Birmingham and Judge Institute for Management Studies, University of Cambridge, UK The challenge of European electricity reform is being met, although gradually, delays notwithstanding. This book provides precious help in spotting where the necessary further efforts should be directed. In the US mistakes and delays have occurred, no less than in Europe, but an aggressive federal regulator (absent in Europe) is working to overcome them. Electricity markets do not happen, they have to be built. Here are suggestions for a workable European market design. No ideology, just competence and wisdom from both theory and experience. Will Europe learn? Pippo Ranci, Università Cattolica del Sacro Cuore, Italy The realisation of a European internal market for energy is still a work in progress. Written by leading European scholars and discussed with major energy stakeholders, this book presents a thorough analysis of the motives and methods needed to achieve a single European energy market. The authors discuss the critical issues surrounding an internal European energy market including: market design, competition and market power, sustainable energy versus the market, regulation and harmonisation, benchmarking and indicators, modelling of competition, market prices and energy forecasts. They provide a multi-disciplinary assessment of the best way to build the market base of a future European energy policy. Electricity Reform in Europe will be of great interest to decision makers and managers in the energy industry or business sector as they will be able to see the whole European energy policy picture beyond their own corporate interests. The book will also appeal to national and European energy administrations, regulatory bodies and policy makers providing a synthesis of all relevant policy issues.

Download or read book Investing in EU Energy Security written by Henrik Bjørnebye and published by Kluwer Law International B.V.. This book was released on 2010-01-01 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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."

Download or read book The Internal Energy Market written by Christopher W. Jones and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: European energy markets are undergoing rapid and fundamental change. Last year alone the Council and Parliament adopted the second energy liberalisation package, including the new electricity and gas Directives and the electricity Regulation. In addition, the Commission tabled new Directives on Security of Supply and a draft gas Regulation. This is affecting markets not only in the European Union, but throughout Europe, the Mediterranean, the Balkans and Russia. These changes have affected not only energy law. Community competition law in the energy sector has been evolving quickly, reacting to the restructuring of the markets, and the new commercial partnerships that result.

Download or read book EU Energy Law and Policy Issues written by Bram Delvaux and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This fourth volume of the 'ELRF' book 'EU Energy Law and Policy Issues', as with the previous versions of the book, offers an overview of some of the most recent developments taking place in the EU energy law and policy sector. In this respect, the reader will find a number of contributions which provide detailed and critical views on some of the main issues in this area. Over the years the Energy Law Research Forum or "ELRF" has confirmed it has a role to play in the energy law and policy debate. Today, the ELRF includes most of the younger generation of EU energy law specialists with an academic interest, and the book has become a reference for research and literature, as well as for the Court of Justice of the European Union. This edition of the book covers topical issues ranging from exemptions and derogations in the EU energy acquis, pricing, access, investments, nuclear energy, external energy relations as well as the role of regulatory authorities in the EU and beyond."--Back cover.

Download or read book Introduction to EU Energy Law written by Kim Talus and published by Oxford University Press. This book was released on 2016 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book EU Energy Law and Policy written by Leigh Hancher and published by European Energy Studies. This book was released on 2017 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book EU Energy Law and Policy written by Kim Talus and published by OUP Oxford. This book was released on 2013-09-05 with total page 1425 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical overview of European Union energy law and policy, this book takes a law-in-context approach as it examines the development of EU energy law from the 1950s to the present day. It discusses the development of EU energy law; the application of general EU law into energy; the regulation of EU energy markets; international aspects of EU energy law; and policy, sustainability, and energy regulation. Presenting an up-to-date overview of EU energy law and policy and a critical analysis of its sub-areas, the book extends the discussion from electricity and natural gas markets to other areas of energy, including oil. This holistic approach to the subject is then placed within the broader context of the international geopolitical sphere which EU energy law and policy operates, as the author considers the impact of regional and international energy policies and markets on the EU markets and the overall EU policy. He also draws on the wider context and takes into account non-legal factors such as the impact of unconventionals, the rise of the BRICS, and the 'Arab spring'. The book frames EU energy law as a topic that can provoke intellectual, political, and professional discussion about the slowly moving train of economic regulation under the typical pressures and contradictions of countries and the European Union in the global economy.

Download or read book Regulation in the European Electricity Sector written by Maciej M Sokołowski and published by Routledge. This book was released on 2016-02-22 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Codex EU Energy Law written by Kurt Deketelaere and published by Lexxion Verlagsgesellschaft. This book was released on 2012 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: HauptbeschreibungThe Codices EU Energy Law and EU Climate Law bring together the most essential, presently applicable legislation, as adopted in the framework of the EU Institutions. Codex EU Energy LawThe liberalisation of the European gas and electricity markets, the awareness to increase the security of energy supply, the necessity to be more energy efficient, and the protection of the environment have triggered the European energy legislation to flourish in recent years. Therefore, an impressive amount of new regulations, directives and decisions on gas, electricity, renewables, biofuels, re.