This third edition examines the EU's Third Internal Market package, which marks a watershed in the EU's efforts to introduce effective liberalization of its electricity and gas markets. It comprises five separate legal acts that introduce new rules on: more effective unbundling, requiring real and effective separation of the transmission company from generation/supply and the introduction of the choice between ownership unbundling, ITS, ISO, and ISO+ ** new additional powers for national energy regulators ** a new European Agency, ACER, that brings together national energy regulators ** new transmission bodies, ENTSOE, and ENTSOG, that will be able to take more concentrated and effective action to develop common rules that will result in better market integration ** a new streamlined decision-making process, in which the new Agency and TSO bodies play a leading role, in developing common codes and rules ** new rules on network planning and on customer protection

EU Energy Law: The Internal Energy Market: The Third Liberalisation Package

Business & Money

Cabau, Emmanuel

Doherty, Anthony

Ermacora, Florian

Graper, Floris

Industries

Claeys & Casteels Pub

This third edition incorporates the conclusions and consequences of the Sectoral Energy Competition Enquiry. The new edition contains an entirely reworked section on anti-competitive agreements and practices, written by Lars Kjolbye, who led of the unit in charge of anti-trust in the energy sector of the European Commission. The book further examines in detail the developments in individual case concerning long-term capacity reservation and sales/purchase agreements. It also considers recent developments on cases concerning collusion on price and quantity restrictions. The book looks thoroughly at the consequences of the sectoral enquiry on abuse of a dominant position, particularly regarding discrimination in network access. The section on merger control is revised to take account of developments in the methodology in defining markets and defining dominance/significant impediment of competition from the sectoral enquiry. Furthermore, it updates the state aid section to take account of new decisions on renewable support schemes and security of supply. Contents include: the definition of the relevant market in the energy sectors * cartels * joint sales and production agreements * capacity reservation agreements * long term purchase agreements * territorial restrictions and destination clauses * the abuse of a dominant position * mergers and acquisitions in the energy sector * state aid * state guarantees * renewable support schemes * stranded costs * public service obligations.

EU Energy Law: EU Competition Law and Energy Markets

Hancher, Leigh

Kjolbye, Lars

Landes, Valerie

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