Capacity Mechanisms in the EU Energy Market: Law, Policy, and Economics

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9780198749257: Capacity Mechanisms in the EU Energy Market: Law, Policy, and Economics

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.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

L'autore:

Leigh Hancher is Professor of European Law at Tilburg University, and part-time Professor at the Florence School of Regulation. She is also Of Counsel at the Amsterdam office of Allen & Overy LLP. She is a well-known EU law expert and has counselled firms in a broad range of procedures. She is the author of numerous titles, including EU State Aids (4th ed, Sweet & Maxwell 2012) and EU Competition and Internal Market Law in the Healthcare Sector (with Wolf Sauter, OUP 2012).

Dr Adrien de Hauteclocque is a Law Clerk (Référendaire) at the Court of Justice of the European Union and an Adviser of the Florence School of Regulation (European University Institute). He is also a visiting lecturer at École Nationale dAdministration (France). His research interests include EU antitrust and state aid law, competition policy in network industries and the law & economics of energy regulation. He is a regular speaker in international conferences and has published numerous academic articles and book chapters. He authored recently Market Building Through Antitrust: Long-term Contract Regulation in EU Electricity Markets (Edward Elgar 2014).

Dr Malgorzata Sadowska is Research Fellow at the European University Institute, and Coordinator of the Energy Law & Policy Area at the Florence School of Regulation, Robert Schuman Centre for Advanced Studies. She is the author of Committed to reform? Pragmatic antitrust enforcement in electricity markets (Intersentia 2014) and has published a number of papers on energy regulation and competition policy in top European law and economics journals.

Contenuti:

  • Part I: Policy
  • 1: Francisco Enrique González-Díaz: EU Policy on Capacity Mechanisms
  • 2: Alberto Pototschnig and Martin Godfried: The Regulators' View: ACER's Report on Capacity Mechanisms and the EU Internal Electricity Market
  • 3: Arthur Henriot and Jean-Michel Glachant: Capacity Mechanisms in the European Market: Now, but How?
  • Part II: Economics
  • 4: Jens Perner and Christoph Riechmann: Energy Market Design with Capacity Mechanisms
  • 5: Fabien Roques and Charles Verhaeghe: Different Approaches for Capacity Mechanisms in Europe: Rationale and Potential for Coordination?
  • 6: Dominique Finon: Capacity Mechanisms and Cross-Border Participation: The EU Integrated Approach in Question
  • 7: Carlos Batlle, Paolo Mastropietro, Pablo Rodilla, and José Ignacio Pérez-Arriaga: The System Adequacy Problem: Lessons Learned from the American Continent
  • 8: Bert Willems: The Generation Mix, Price Caps, and Capacity Payments
  • Part III: Law
  • 9: Leigh Hancher: Capacity Mechanisms and State Aid Control: A European Solution to the 'Missing Money' Problem?
  • 10: Adrien de Hauteclocque and Malgorzata Sadowska: Antitrust Law: A Missing Piece in a Regulatory Puzzle?
  • 11: Peter Oliver: Free Movement of Goods in the Labyrinth of Energy Policy and Capacity Mechanisms
  • Part IV: Case Studies
  • 12: Thomas Starlinger and Harald Kröpfl: Austria
  • 13: Wim Vandenberghe and René Gonne: Belgium
  • 14: Daniel Crevel-Sander and Charlotte Beaugonin: France
  • 15: Kai Uwe Pritzsche and Katharina Reinhardt: Germany
  • 16: Antonis Metaxas: Greece
  • 17: Francesco Maria Salerno: Italy
  • 18: Marinus Winters: Netherlands
  • 19: Jens Naas-Bibow and Catherine Ramstad Wenger: Norway
  • 20: Malgorzata Sadowska: Poland
  • 21: Iñigo del Guayo: Spain
  • 22: Peter Willis: United Kingdom

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

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Editore: Oxford University Press, United Kingdom (2015)
ISBN 10: 0198749252 ISBN 13: 9780198749257
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Descrizione libro Oxford University Press, United Kingdom, 2015. Hardback. Condizione libro: New. 250 x 184 mm. Language: English . Brand New Book. 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. Codice libro della libreria AOP9780198749257

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Editore: Oxford University Press, United Kingdom (2015)
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Descrizione libro Oxford University Press, United Kingdom, 2015. Hardback. Condizione libro: New. 250 x 184 mm. Language: English . Brand New Book. 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. Codice libro della libreria AOP9780198749257

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Descrizione libro Oxford University Press. Hardback. Condizione libro: new. BRAND NEW, Capacity Mechanisms in the EU Energy Market: Law, Policy, and Economics, Leigh Hancher, Adrien de Houteclocque, Malgorzata Sadowska, 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. Codice libro della libreria B9780198749257

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