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Books > Professional & Technical > Energy technology & engineering > Electrical engineering > Power generation & distribution
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EU Energy Law Volume XII - Electricity Market Design in the European Union (Hardcover)
Loot Price: R6,087
Discovery Miles 60 870
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EU Energy Law Volume XII - Electricity Market Design in the European Union (Hardcover)
Expected to ship within 12 - 17 working days
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At the end of 2018 the EU agreed a wholesale overhaul of EU
electricity laws with the 'Gas Market Design' package. The aim 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 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, 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.
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