Capacity Withdrawals in the Electricity Wholesale Market [electronic resource] : Between Competition Law and Regulation / by Panagiotis Tsangaris.

By: Tsangaris, Panagiotis [author.]Contributor(s): SpringerLink (Online service)Material type: TextTextSeries: Munich Studies on Innovation and Competition ; 7Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2017Description: XI, 208 p. 3 illus. online resourceContent type: text Media type: computer Carrier type: online resourceISBN: 9783662555132Subject(s): Law | Energy policy | Energy and state | International law | Trade | Law | European Law | Energy Policy, Economics and Management | International Economic Law, Trade LawAdditional physical formats: Printed edition:: No titleDDC classification: 341.2422 LOC classification: KJ-KKZ4999Online resources: e-book Full-text access
Contents:
Introduction and Research Questions -- General Background -- Competition Law Enforcement -- Transparency -- Regulatory Enforcement.
In: Springer eBooksSummary: 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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Introduction and Research Questions -- General Background -- Competition Law Enforcement -- Transparency -- Regulatory Enforcement.

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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