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Capacity Withdrawals in the Electricity Wholesale Market - Between Competition Law and Regulation (Hardcover, 1st ed. 2017)
Loot Price: R4,337
Discovery Miles 43 370
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Capacity Withdrawals in the Electricity Wholesale Market - Between Competition Law and Regulation (Hardcover, 1st ed. 2017)
Series: Munich Studies on Innovation and Competition, 7
Expected to ship within 10 - 15 working days
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This book examines the issue of capacity withdrawals in the
electricity wholesale market. Electricity generators can exercise
market power in the wholesale market either by withdrawing
generation capacity, or by pricing above competitive levels in
order to achieve a higher market price and, thereby, increase
revenues. After a comprehensive explanation of capacity withdrawal
practices and the issues that arise when proceeding under
competition law, the book analyses whether an increased state of
transparency, as provided for in the REMIT and Regulation 543/2013,
could facilitate the efficient functioning of electricity wholesale
markets and the investigation of capacity withdrawal practices. It
also examines the effect of the prohibition of market manipulation
as prescribed in the REMIT in dealing with abusive capacity
withdrawals in the electricity wholesale market.
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