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The Liberalization of Electricity and Natural Gas in the European Union (Hardcover)
Loot Price: R5,765
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The Liberalization of Electricity and Natural Gas in the European Union (Hardcover)
Series: European Monographs Series Set
Expected to ship within 10 - 15 working days
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In this edited work, European experts in the energy field provide
perspectives on the principal issues raised by the liberalization
of the electricity and natural-gas markets in the EU. The various
analyses are collected under four headings. Part One - Competition
- discusses how, even when the market is fully open, substantial
impediments to competition remain, such as long-term contracts,
refusal of access to essential infrastructures or lack of capacity
in interconnectors. Contributors discuss these deadlocks and
suggest possible breakthroughs. In Part Two - Transmission and
Trading - experts deal with network access and pricing and energy
trading. Third-party access to the network is a critical factor in
ensuring a real liberalization of the market, but it raises complex
technical, economic and legal issues. Liberalization has also
stimulated new forms of energy trading, including physical
contracts and purely financial tools. The legal and economic
framework of these new forms of transactions is discussed. In Part
Three - Environment and Consumer Protection - experts investigate
the extent to which the liberalization process favours industrial
interests and explore in what ways environmental and consumer
concerns are (or could be) an integral part of liberalized energy
policy. Finally, in National Experiences, contributors discuss
different approaches taken by four Member States (Belgium, France,
Germany and The Netherlands) in opening their energy markets.
General
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