Capacity Withdrawals in the Electricity Wholesale Market : Between Competition Law and Regulation / by Panagiotis Tsangaris.
2017
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Title
Capacity Withdrawals in the Electricity Wholesale Market : Between Competition Law and Regulation / by Panagiotis Tsangaris.
Added Corporate Author
Edition
1st ed. 2017.
Imprint
Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2017.
Description
XI, 208 p. 3 illus. online resource.
Series
Munich studies on innovation and competition. 2199-7462 ; 7.
Formatted Contents Note
Introduction and Research Questions
General Background
Competition Law Enforcement
Transparency
Regulatory Enforcement.
General Background
Competition Law Enforcement
Transparency
Regulatory Enforcement.
Summary
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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Alternate Title
SpringerLink electronic monographs.
Language
English
ISBN
9783662555132
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