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The Electricity Market In Germany Regarding The Eu Directives To Market Liberalisation
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Book Synopsis The Electricity Market in Germany Regarding the EU Directives to Market Liberalisation by : Valentin Balint Pikler
Download or read book The Electricity Market in Germany Regarding the EU Directives to Market Liberalisation written by Valentin Balint Pikler and published by GRIN Verlag. This book was released on 2010-07 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2010 in the subject Business economics - Economic Policy, grade: 1, Oxford Brookes University, language: English, abstract: The main understanding of this work will suggest that the electricity market liberalisation need a new impulse from the biggest market players and from the regulators. The liberalisation process is defaulting; the practice and implementation should more precedes as the electricity market in the EU. The base; the Directives are settled by the Commission. The implementation by the big four companies on the market is be a long time coming. There is a wide range of different national experiences of liberalisation electricity markets in terms of the degree of the concentration of generation, the stringency of unbundling public ownership and regulatory institutions. The thesis is combining the "Third Party Access" and the "Single Buyer Model" with its empirical evidence and their implementation for Germany. However, the results of this report will reach a number of significant conclusions at the end of the thesis and will make several policy recommendations. (Blaxter,2006). It draws a distinction between observations that are relevant to the design a well functioned electricity markets. The German electricity sector has undergone considerable changes throughout the past few years (RWE, 2007). Main developments were related to liberalisation of electricity markets (generation and sell of power) and transport of electricity (grid operations), the evolving European CO2 emissions trading scheme and the promotion of renewable electricity generation.
Book Synopsis The Regulation of Power Exchanges in Europe by : Martha M. Roggenkamp
Download or read book The Regulation of Power Exchanges in Europe written by Martha M. Roggenkamp and published by Intersentia nv. This book was released on 2005 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: The liberalisation of the electricity sector has changed the way in which electricity is traded. De facto or legal vertical monopolies are gradually abandoned and new participants have entered the market. At the wholesale level, one of the important developments is the establishment of organised electricity markets, i.e. electricity power exchanges. This book analyses the role and evaluates the impact of these new organised markets, which until now received little attention. The introduction provides an overview of the developments on EC level as this creates the legal environment within which power exchanges operate. The implementation of the EC Electricity Directive has inter alia resulted in a commodization of electricity trading. Thereupon the development of power pools and electricity exchanges is discussed as well as the products which can be traded. Subsequently, the development of the most important national and/or regional exchanges in Europe will be examined. National experts will analyse the role of power exchanges in the Nordic countries, the United Kingdom, the Netherlands, Germany, France, Austria, Spain and Italy. The authors analyse the most important developments in their jurisdictions according to a fixed outline (e.g. implementation of the EC Electricity Directive, market structure, emergence and functioning of the organised market, products traded and the impact of cross-border trade) which allows for a comparative analysis and facilitates understanding. Finally, some conclusions with regard to the establishment of a single electricity market will be presented as well as some future developments.
Book Synopsis Case Study: Regulation of Electric Power in Germany by : Carsten Dümichen
Download or read book Case Study: Regulation of Electric Power in Germany written by Carsten Dümichen and published by GRIN Verlag. This book was released on 2012-10-31 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2011 in the subject Economics - Micro-economics, grade: 1,7, University of Erfurt, language: English, abstract: Table of Content 1. Introduction 2. Historical background 2.1 History of Energy supply 3. European Perspective 4. Current Situation 5. Why Regulation is needed 6. Liberalisation 6.1 Legal background of liberalization 6.1.1 European Single Market policy 96/92/EG 6.1.2 European Single Market policy 200/54/EG 7. Regulation 7.1 Cost-based Regulation 7.2 Why changing it to incentive regulation 8. Incentive Regulation 9. Conclusion 10. References Regulation of Electric Power in Germany 1. Introduction The electricity market in Germany was faced with loads of changes since the 19th century, when it all began due to Werner von Siemens (and among others) and his first electric generator. But soon electricity became a public good and the governments realized, that it needed to be provided to every citizen. Therefore many different systems, regulations and deregulations were implemented over time. After a historical overview and a European perspective on the electricity market, we present you the Liberalization process and its cost-based regulation and, as a last point, the change to incentive regulation. 2. Historical background 2.1 The History of Energy Supply in Germany With the first street light in Berlin in 1884 the history of public energy supply in Germany begun. Following the example of Berlin and other cities in the world, in the next decades other German cities developed an urbanized network of several power stations. Already at the beginning of the 20th century there was laid out the first long-distance cable and there were several German power stations which offered a cheaper price for power at night for consistent capacity utilization. In 1938 the German Energy Industry Act mandated the electricity supply under the supervision of the German Reich, therefore the National Commissioner was then responsible for the price and introduced the first basic fee. Quick after World War II the biggest electricity suppliers reached again the pre-war level, but in 1954 the separation of the electricity grid network of the German Democratic Republic (GDR) and the Federal Republic of Germany (FRG) was conducted and still inflicts some problems today. After that, the first German nuclear power plant “Grunremmingen A” (1966) started supplying electricity to the grid. In 1974...
Book Synopsis The Liberalization of Electricity and Natural Gas in the European Union by : Damien Geradin
Download or read book The Liberalization of Electricity and Natural Gas in the European Union written by Damien Geradin and published by Kluwer Law International B.V.. This book was released on 2001-07-11 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this important book, notable European experts in the energy field provide valuable perspectives on the principal issues raised by the liberalisation of the electricity and natural gas markets in the EU. Lawyers, business people, regulators, and policymakers who deal with matters and issues in the energy, natural resources, and environmental fields will find the details and insights presented here of great value.
Book Synopsis Analysis of the German and European Electric Power Market by : Nicolai Westsee
Download or read book Analysis of the German and European Electric Power Market written by Nicolai Westsee and published by GRIN Verlag. This book was released on 2014-03-24 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2013 in the subject Economics - Case Scenarios, grade: 2,0, University of Hannover, language: English, abstract: The main goal of this term paper is to give an overview about differences within the European market and their advantages and disadvantages. Additionally the historical development of energy markets and the future perspective, influenced by the development of the renewables shall be pointed out. The next part, after this introduction, is about the historical development of the electric power market in Europe with a focus on the German market liberalization. In section three, the two different market models Open-Market model and Pool-Market model are discussed. After an explanation and a comparison of the two models, the trend towards renewables is taken into account. The focus lays on the development, the integration into the different existing electricity-markets in Germany and Spain and on their impacts on these markets. Based on a study of Makkonen et al. from 2012, published in the journal Energy Policy an extensive outlook in future requirements, changes and possibilities of the development of a single European Electricity Market, this term paper will be concluded.
Book Synopsis A European Market for Electricity? by : Lars Bergman
Download or read book A European Market for Electricity? written by Lars Bergman and published by Centre for Economic Policy Research. This book was released on 1999 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second in CEPR's annual Monitoring European Deregulation (MED) series, this report explores the economic and regulatory aspects of a single European market for electricity and provides a basis for policy choices both at national and EU levels. The report combines analyses of key issues in electricity market integration and liberalization with evaluations of practical experiences in selected European countries: France, Germany, Norway, Spain, Sweden, and the UK. Key issues include: to what extent competition in national electricity markets is a necessary requirement for the integration of these markets, and the design of national electricity markets in which competition in generation and supply is allowed. Lars Bergman is at the Stockholm School of Economics; Gert Brunekreeft is at Institut fuer Verkehrswissenschaft, University of Freiburg; Chris Doyle is at the London Business School; David M G Newbery and Michael Pollitt are at Cambridge University; Pierre Regibeau is at Institut d'Analisi Economica CSIC, Bellaterra; and Nils von der Fehr is at Nuffield College, Oxford.
Book Synopsis Market Liberalization: an Analysis of the Austrian Electricity Market by : Natascha Ljubic
Download or read book Market Liberalization: an Analysis of the Austrian Electricity Market written by Natascha Ljubic and published by GRIN Verlag. This book was released on 2007-08 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2004 in the subject Economics - Case Scenarios, grade: 1 (A), Vienna University of Economics and Business (New Media Lab), course: Baccalaureut Work, language: English, abstract: The liberalization of the European electricity market is supposed to reduce electricity prices by opening up to competition and by promoting integration of the common European market. Deregulation allows energy consumers to choose their electric energy supplier and therefore dissolves electric utility monopolies. The resulting re-regulation and restructuring of the electricity industry has created oppor-tunities and challenges that need to be addressed to ensure long-term capacity sustainability. The promise and benefit expectations of electricity market liberalization may need to be tempered by the reality of the process. Market liberalization of the electricity supply sector depends on many different factors and boundary conditions in the EU. In order to analyze these issues, we will use Austria as an example showing the development in liberalization, deregulation, and even re-regulation processes and the impact on the industry structure and final consumer pricing. Given the industry structure, incentives to invest in the Austrian transmission and distribution networks remain to be established. We will show that high inflexible taxes and monopoly protected transmission costs, both together account for 80% of the price of electricity. Moreover, only 20% of the electricity market is liberalized and thus any price reductions due to the liberalization of the market will be minimal and therefore possibly "non existent" in Austria.
Book Synopsis The Single European Market for Electricity by : Stephan Hiller
Download or read book The Single European Market for Electricity written by Stephan Hiller and published by GRIN Verlag. This book was released on 2009-06 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2008 in the subject Business economics - Business Management, Corporate Governance, University of Applied Sciences Hof, language: English, abstract: Energy is one of nowadays most frequently discussed issues. It becomes a more and more crucial factor for growth and competitiveness in Europe as well as worldwide. Dependable energy services at reasonable prices for business and household customers are essential elements for the economic and social development in the European Union (EU). In this context, a well-functioning Single European Market (SEM) is Europe's key to meet today's three main challenges in the energy sector: competitiveness, sustainability and security of supply. As a matter of fact, the way towards a SEM for energy is long and complex. A multitude of aspects play important roles. Outlining all of them would go far beyond the scope of this work. In consequence, this paper focuses on electricity only, leaving out the gas sector. Moreover, emphasis is put on the fundamental EU legislation and the development of the Regional Initiatives as a means to facilitate market integration. Topics of equal importance such as the technical requirements and prerequisites for the general market design had to be excluded from this composition.
Book Synopsis Capacity Mechanisms in the EU Energy Markets by : Leigh Hancher
Download or read book Capacity Mechanisms in the EU Energy Markets written by Leigh Hancher and published by Oxford University Press. This book was released on 2022-10-13 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capacity remuneration mechanisms (or simply capacity mechanisms) have become a fact of life in member states' energy markets and are one of the hottest topics in the wider European regulatory debate. Concerned about the security of electricity supply, national governments are implementing subsidy schemes to encourage investment in conventional power generation capacity, alongside already heavily subsidized renewable energy sources. With the increasingly connected European electricity markets, the introduction of a capacity mechanism in one country not only tends to distort its national market but may also have unforeseeable consequences for neighbouring electricity markets. As these mechanisms are adopted by member states with limited supra-national coordination as well as consideration for the cross-border impact, they tend to cause serious market distortions and put the future of the European internal electricity market at risk. This second edition will take stock of how capacity mechanisms have actually worked so far and consider the consequences they have for the European internal electricity market. It will include a detailed overview of national capacity mechanisms, their implications for the EU internal market, and will outline the nature of market failures which are likely to occur in the European electricity markets. This edition is intended to serve as a point of reference for regulators and policy-makers on how to design optimal capacity mechanisms in Europe. It will be an invaluable resource for anyone interested in energy market design, regulation, and competition issues.
Book Synopsis The Interplay between European Merger Control Law and the Liberalisation of European Electricity, Natural Gas and Petroleum Markets by : Henning Matthiesen
Download or read book The Interplay between European Merger Control Law and the Liberalisation of European Electricity, Natural Gas and Petroleum Markets written by Henning Matthiesen and published by GRIN Verlag. This book was released on 2023-04-21 with total page 661 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2020 in the subject Law - European and International Law, Intellectual Properties, grade: 2,2, Leuphana Universität Lüneburg (Fakultät Wirtschaftswissenschaften), language: English, abstract: This doctoral thesis examines how European merger control law is applied to the energy sector and to which extent its application may facilitate the liberalisation of the electricity, natural gas and petroleum industries so that only those concentrations will be cleared that honour the principles of the liberalisation directives. In 2007, the Commission emphasized that a real internal European energy market is essential to meet Europe’s three energy objectives. These were for example competitiveness to cut costs for citizens and undertakings to foster energy efficiency and investment, sustainability including emissions trading, and security of supply with high standards of public service obligations. The EU issued three pre-liberalisation directives since the 1990s. Dissatisfied with the existing monopolistic structures, in Germany through demarcation and exclusive concession agreements for the supply of electricity and natural gas, which were until 1998 exempted from the cartel prohibition provision, and the prevalence of exclusive rights on the energy markets, the Commission triggered infringement proceedings against four Member States. The CJEU confirmed that the Commission has the power to abolish monopoly rights under certain circumstances and the rulings had the effect of convincing the member states to enter into negotiations for an opening up of energy markets owing to the internal market energy liberalization directives 1996 / 1998 / 2003 / 2009 / 2019. The 2nd liberalisation package of 2003 brought a widening of market opening and acceleration of pace of market opening to a greater number of eligible customers and an increase in the provisions on management and legal unbundling. The 3rd energy package of 2009 addressed ownership unbundling of key-infrastructure ownership and energy wholesale and retail supply consisting of three regulations and two directives. The 4th liberalization package inter alia consists of a new IEMD2019 and IGMD2019 and addresses energy efficiency and rules on good governance in the Energy Union. A brief analysis of the economic implications of concentrations is followed by an assessment of the evolution of European merger control law since 1989, 1997 and 2004. Then, the theoretical findings are contrasted to the results of recent merger proceedings in the energy sector.
Book Synopsis Renewable Energies in Germany’s Electricity Market by : Elke Bruns
Download or read book Renewable Energies in Germany’s Electricity Market written by Elke Bruns and published by Springer Science & Business Media. This book was released on 2010-11-04 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This cross-sectional, interdisciplinary study traces the “history of innovation” of renewable energies in Germany. It features five renewable energy sectors of electricity generation: biomass, photovoltaic, wind energy, geothermal energy and hydropower. The study tracks the development of the respective technologies as well as their contribution to electricity generation. It focuses on driving forces and constraints for renewable energies in the period between 1990 and today.
Book Synopsis Governing the Energy Challenge by : G. Bruce Doern
Download or read book Governing the Energy Challenge written by G. Bruce Doern and published by University of Toronto Press. This book was released on 2009-01-01 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governing the Energy Challenge is a comparative study between Canada and Germany that features essays by leading energy and public policy specialists from both countries.
Book Synopsis Putting Politics Into Perspective by : Sara Berglund
Download or read book Putting Politics Into Perspective written by Sara Berglund and published by Eburon Uitgeverij B.V.. This book was released on 2009 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Evolution of Electricity Markets in Europe by : Leonardo Meeus
Download or read book The Evolution of Electricity Markets in Europe written by Leonardo Meeus and published by Edward Elgar Publishing. This book was released on 2020-11-27 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches.
Book Synopsis Making Energy Markets by : Ronan Bolton
Download or read book Making Energy Markets written by Ronan Bolton and published by Springer Nature. This book was released on 2022-02-01 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making Energy Markets charts the emergence and early evolution of electricity markets in western Europe, covering the decade from the late 1980s to the late 1990s. Liberalising electricity marked a radical deviation from the established paradigm of state-controlled electricity systems which had become established across Europe after the Second World War. By studying early liberalisation processes in Britain and the Nordic region, and analysing the role of the EEC, the book shows that the creation of electricity markets involved political decisions about the feasibility and desirability of introducing competition into electricity supply industries. Competition introduced risks, so in designing the process politicians needed to evaluate who the likely winners and losers might be and the degree to which competition would impact key national industries reliant on cross-subsidies from the electricity sector, in particular coal mining, nuclear power and energy intensive production. The book discusses how an understanding of the origins of electricity markets and their political character can inform contemporary debates about renewables and low carbon energy transitions.
Book Synopsis Decentralised Power Generation in the Liberalised EU Energy Markets by : Wolfram Jörß
Download or read book Decentralised Power Generation in the Liberalised EU Energy Markets written by Wolfram Jörß and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book gives a comprehensive overview of technologies for decentralised power generation (DG technologies), including those based on both renewable energy sources (RES), and on combined heat and power (CHP) technologies, and of relevant policies of the EU and its Member States. Special attention is paid to barriers to implementation and success factors that were drawn from 24 case studies carried out throughout the EU. Furthermore, the book offers policy recommendations regarding how to move towards a level playing field for DG technologies. Additionally, the analysis is founded on the results of a study for future developments in European DG technologies and likely scenarios for the role of DG in the future.
Book Synopsis European Energy Law and Policy by : Heiko Krüger
Download or read book European Energy Law and Policy written by Heiko Krüger and published by Edward Elgar Publishing. This book was released on 2016-09-30 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: EU energy law and policy have become more and more complex in recent years. Today these areas feature a multitude of layers concerning not only regulation of the power industry, but also security of energy supply, climate change, consumer needs and technical innovation. This textbook serves as an introduction to this distinctive field. For readers without much experience with the EU, the author provides a separate chapter which outlines the institutional structure and functioning of the European Union in the field of energy policy. Tables of key court decisions and key legislation, review questions and further reading lists ultimately help to give readers a lasting impression of one of the most vibrant fields of EU law and policy.
