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Capacity Withdrawals in the Electricity Wholesale Market
Between Competition Law and Regulation
Taschenbuch von Panagiotis Tsangaris
Sprache: Englisch

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Beschreibung
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.
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.
Zusammenfassung
Explains and sheds light on the complex economic and legal issue of abuse of market power in the electricity wholesale marketDraws a detailed and balanced picture of the interaction between general antitrust law and sector-specific energy regulation, and demonstrates how the one can affect the interests and compensate for the deficits of the otherTakes a European-wide perspective by including in the analysis legal judgements and materials from several European jurisdictions
Inhaltsverzeichnis
Introduction and Research Questions.- General Background.- Competition Law Enforcement.- Transparency.- Regulatory Enforcement.
Details
Erscheinungsjahr: 2018
Fachbereich: Internationales & ausländ. Recht
Genre: Recht
Produktart: Nachschlagewerke
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Reihe: Munich Studies on Innovation and Competition
Inhalt: xi
208 S.
3 s/w Illustr.
208 p. 3 illus.
ISBN-13: 9783662572375
ISBN-10: 3662572370
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Tsangaris, Panagiotis
Auflage: Softcover reprint of the original 1st ed. 2017
Hersteller: Springer-Verlag GmbH
Springer Berlin Heidelberg
Munich Studies on Innovation and Competition
Maße: 235 x 155 x 13 mm
Von/Mit: Panagiotis Tsangaris
Erscheinungsdatum: 15.08.2018
Gewicht: 0,341 kg
Artikel-ID: 115380068
Zusammenfassung
Explains and sheds light on the complex economic and legal issue of abuse of market power in the electricity wholesale marketDraws a detailed and balanced picture of the interaction between general antitrust law and sector-specific energy regulation, and demonstrates how the one can affect the interests and compensate for the deficits of the otherTakes a European-wide perspective by including in the analysis legal judgements and materials from several European jurisdictions
Inhaltsverzeichnis
Introduction and Research Questions.- General Background.- Competition Law Enforcement.- Transparency.- Regulatory Enforcement.
Details
Erscheinungsjahr: 2018
Fachbereich: Internationales & ausländ. Recht
Genre: Recht
Produktart: Nachschlagewerke
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Reihe: Munich Studies on Innovation and Competition
Inhalt: xi
208 S.
3 s/w Illustr.
208 p. 3 illus.
ISBN-13: 9783662572375
ISBN-10: 3662572370
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Tsangaris, Panagiotis
Auflage: Softcover reprint of the original 1st ed. 2017
Hersteller: Springer-Verlag GmbH
Springer Berlin Heidelberg
Munich Studies on Innovation and Competition
Maße: 235 x 155 x 13 mm
Von/Mit: Panagiotis Tsangaris
Erscheinungsdatum: 15.08.2018
Gewicht: 0,341 kg
Artikel-ID: 115380068
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