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Competition and Energy Markets: What Role for Competition Policy in the Current Geopolitical Context?

Competition and Energy Markets: What Role for Competition Policy in the Current Geopolitical Context?

SKU:10120802-0001
Massimo Merola, Adina Claici
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Price:
$118.00
Product Line
Kluwer Law International
ISBN-13
9789403522388
Availability
Ships in 5-7 Business Days
Last Updated
2024-06-04

Overview

About this book:

Competition and Energy Markets is a pivotal and timely volume that provides guidance on how to address the crucial trade-offs that arise when competition policy meets other challenging European objectives. The extraordinary double crisis of the COVID-19 pandemic and the war in Ukraine has given rise to an unusual geopolitical dilemma for the EU institutions – especially in the energy sector – of ensuring the security of energy supply and upholding committed emission targets concurrently.


What’s in this book:

This compendium comprises contributions from eminent practitioners and academics, members of the European Commission, and representatives of national competition authorities, who address various issues around the new energy dilemma concerning the following aspects:


  • affordability of energy prices;
  • EU energy infrastructures;
  • solidarity amongst Member States;
  • reform of the electricity market design and competition enforcement;
  • fitness and appropriateness of EU State aid tools; and
  • competition enforcers’ perspectives.


The book is a revision of papers and presentations given at the 2023 Annual Conference of the Global Competition Law Center (GCLC) of the College of Europe.


How this will help you:

Although other constraints beyond the security of supply and the path towards a green economy exist, they do not alter the trade-offs’ existence but make them even more problematic and unavoidable. Consequently, all professionals and officials shaping energy policy will greatly appreciate this invaluable book. For practitioners, policymakers and academics working on competition law, the book will provide valuable food for thought and guidance in the years ahead.

Table Of Contents

Editors


Contributors


Introduction

Massimo Merola & Adina Claici


PART I

The New EU Energy Dilemma


CHAPTER 1

Securing Gas Supplies Through an Integrated European Energy Market

Dennis Hesseling, Joaquin Garcia Gimenez & Mitja Maletin


CHAPTER 2

State Aid Control and Energy Markets in a Time of Crisis

Ben Smulders & Anna Colucci


CHAPTER 3

The EU Energy Transition: Realism Confronts Dogma

Ana Palacio


PART II

Affordability of Energy Prices


CHAPTER 4

From the Implementation of Emergency Interventions to the Review of Market Design: How Two Years of Energy Price Crisis Have Changed the European Electricity Market

Juan José Alba Ríos


CHAPTER 5

Energy Prices, Consumers and Market Stability: In Search of a Viable Equilibrium – A Synthetic Approach to the Greek Market Case Study

Marios Andrikopoulos


PART III

EU Energy Infrastructures and Solidarity Amongst Member States


CHAPTER 6

Complete Markets to Complete the Energy Transition

Albert Riera


CHAPTER 7

The Impact of the Recovery and Resilience Facility, REPowerEU and State Aid Rules in Ensuring a Level Playing Field Within the EU

Nicole Robins & Matteo Marengon


PART IV

The Reform of the Electricity Market Design and Competition Enforcement


CHAPTER 8

The Return of Long-Term Contracts for Electricity Purchase: Implications for Competition Policy

Fabien Roques & Guillaume Duquesne


CHAPTER 9

A Sharper Tool to Tackle Market Abuse: The Proposed Reinforcement of REMIT and Lessons Learnt from Competition Enforcement

Peter Willis


CHAPTER 10

The Potential for Using EU Competition Tools and Regulation to Tackle the Energy Crisis

Ulrich Scholz & Pascal Schönemann


CHAPTER 11

Should ‘Green’ Merger Control Be Allowed to Shift the Burden of the Energy Transition?

Carsten Grave & Maximilian Weber


PART V

EU State Aid Tools: A Fitness Check of Their Appropriateness to Solve the EU Energy Dilemma


CHAPTER 12

The Implications of the Proposed Electricity Market Design Reform on Competition Policy and Notably State Aid Control

Guillaume Gonzalez & Nicola Pesaresi


CHAPTER 13

The Revised State Aid Toolkit: Fit to Address the Energy Dilemma?

Giorgio Motta


CHAPTER 14

Emergency State Aid Rules in the Energy Sector: A Temporary Episode or a Long-Lasting Legacy?

Francesco Maria Salerno


PART VI

Competition Enforcers’ Perspectives on the Energy Dilemma


CHAPTER 15

Tackling the Crisis from Energy to Inflation Through the Competition Lens: An Austrian Perspective

Natalie Harsdorf-Borsch & Lukas Cavada


CHAPTER 16

Energy Markets in Troubled Times: The Spanish Response

Cani Fernandez

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Competition and Energy Markets: What Role for Competition Policy in the Current Geopolitical Context? | Wolters Kluwer Legal & Regulatory