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European Energy Law Report XIII (Paperback)
Martha M. Roggenkamp, Catherine Banet; Contributions by Catherine Banet, Martha M. Roggenkamp, Adrien de Hauteclocque, …
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R5,587
R5,090
Discovery Miles 50 900
Save R497 (9%)
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Ships in 12 - 17 working days
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The European Energy Law Reports are an initiative taken by the
organisers of the European Energy Law Seminar which has been
organised on an annual basis since 1989 at Noordwijk aan Zee in the
Netherlands. The aim of this seminar is to present an overview of
the most important legal developments in the field of
International, EU and national energy and climate law. Whereas the
first seminars concentrated on the developments at EC level, which
were the results of the establishment of an Internal Energy Market,
the focus has now gradually switched to the developments at the
national level following the implementation of the EU Directives
with regard to the internal electricity and gas markets. This
approach can also be found in these reports.This volume includes
chapters on ''Newcomers in the Electricity Market: Aggregators and
Storage'', ''Hydropower Concessions in the EU: A Need for
Liberalisation or Privatisation?'', ''Investments and
des-Investments in the Energy Sector'', ''Offshore Decommissioning
in the North Sea'', ''CCS as a Climate Tool: North Sea Practice''
and ''From EU Climate Goals to National Climate Laws''
Antitrust is a sledgehammer to the creation of European-wide
markets. How does it really work though? Take the case of power
contracting. Look at the smart and fresh view from a promising
scholar: Adrien de Hauteclocque. A must read.' - Jean-Michel
Glachant, European University Institute, Italy'Long-term energy
contracts pose one of the greatest challenges for EU competition
law. Focusing on electricity markets and contracts, this book
provides interesting new approaches and guidance in this area of EU
law. The book also examines a wider and even more difficult issue:
what role can competition law have in creating markets. The book
delivers. It is a remarkably lucid account of difficult issues. A
must-have book for practitioners and policy makers alike.' - Kim
Talus, University of Eastern Finland Market Building through
Antitrust investigates the role of antitrust policy in the building
of competitive energy markets in Europe. By looking at the specific
problem of long-term supply and access contracts in the electricity
sector, the book questions the suitability of antitrust policy as a
market building tool. It shows that the institutional
infrastructure that pre-dated competitive reform and the politics
of liberalization have largely shaped the current dynamics at work
in European energy regulatory practice. In particular, antitrust
law has increasingly been used as a quasi-ex ante regulatory tool,
thereby raising problems in terms of economic efficiency, legal
certainty and political legitimacy. By mixing legal, political and
economic perspectives, this book will appeal to a wide range of
readers from academia in law, economics and political science,
regulatory and competition authorities, as well as legal and
consulting practices and business economists. Contents: Foreword
General Introduction 1. The Problem of Long-term Contracts in
Decentralized Electricity Markets: An Economic Perspective 2.
Vertical De-integration and Single Market Integration in the
European Union: An Incomplete Transition 3. The Antitrust Strategy
of the European Commission on Long-term Contracts: Is the New
Methodology truly 'More Economic'? 4. Long-term Contracts Across
Member States: The Problem of Priority Access Rights to
Interconnectors 5. The Strategy of the European Union for the
Development of Interconnectors: Assessing the Role of Merchant
Transmission Investment with Vincent Rious Bibliography Index
This book fills a gap in the existing literature by dealing with
several issues linked to long-term contracts and the efficiency of
electricity markets. These include the impact of long-term
contracts and vertical integration on effective competition,
generation investment in risky markets, and the challenges for
competition policy principles. On the one hand, long-term contracts
may contribute to lasting generation capability by allowing for a
more efficient allocation of risk. On the other hand, they can
create conditions for imperfect competition and thus impair
short-term efficiency. The contributors - prominent academics and
policy experts with inter-disciplinary perspectives - develop fresh
theoretical and practical insights on this important concern for
current electricity markets. This highly accessible book will
strongly appeal to both academic and professional audiences
including scholars of industrial, organizational and public sector
economics, and competition and antitrust law. It will also be of
value to regulatory and antitrust authorities, governmental
policymakers, and consultants in electricity law and economics.
Contributors: J. Boucher, G. Brunekreeft, D. Finon, J.-M. Glachant,
L. Hancher, A. de Hauteclocque, P. Longva, F. Marty, R. Meade, G.
Meunier, M. Mulder, S. O'Connor, J. Pillot, F.A. Roques, Y. Smeers
This important new work offers a comprehensive and compelling
account of State aid law and policy and its application to the
energy sector. Clearly structured and offering meticulous detail
and robust analysis, it is required reading for all practitioners
in the field. The volume explores general questions from the
definition of State aid to its application in Member States by
national courts. It also examines questions of procedure, questions
of compatibility, and State aid and the EEA. It is an invaluable
tool for lawyers, policymakers and tax professionals specialising
in State aid law and energy law, written by a team of leading
practitioners and academics in the field.
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