Springer - Capacity Withdrawals In The Electricity Wholesale Market: Between Competition.. (2017 EN)

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    Author: Panagiotis Tsangaris
    Full Title: Capacity Withdrawals In The Electricity Wholesale Market: Between Competition Law And Regulation
    Publisher: Springer; 1st ed. 2017 edition (August 30, 2017)
    Year: 2017
    ISBN-13: 9783662555132 (978-3-662-55513-2), 9783662555125 (978-3-662-55512-5)
    ISBN-10: 3662555131, 3662555123
    Pages: 208
    Language: English
    Genre: Law: International, Foreign and Comparative Law
    File type: PDF (True)
    Quality: 10/10
    Price: 119.59 €
    Website: http://www.springer.com/gp/book/9783662555125



    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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