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Energy Union Law


Energy Union Law

Tanase

Topic of the Month

10.07.2018

Network Codes versus Guidelines

Week 1 – FSR Topic of the Month: Network Codes & Guidelines. A legal perspective. by Lavinia-Petronela Tanase (FSR) Pursuant to the 3rd Energy Package, the […] read more

Energy Union Law

GDPR webinar

News

4.07.2018

The General Data Protection Regulation

The new European Data Protection Regulation (GDPR), which came into force on 25 May 2018 across all EU Member States, has overhauled the EU data […] read more

Energy Union Law

electricity sparks

Publications

29.06.2018

All Things State Aid!

Do you want to find out more about EU rules surrounding State subsidies and how they play out in the energy sector? Access our latest […] read more

Energy Union Law

spider net

Podcast

26.06.2018

Capacity Withdrawals in Electricity Wholesale Markets – Competition & Regulation

In this podcast, Panagiotis Tsangaris, alumnus of the Max Planck Institute for Innovation and Competition, discusses the competition law and regulation issues that arise as […] read more

Energy Union Law

EU Electricity ‎Network Codes

Webinar

18.06.2018

EU Electricity Network Codes: Good Governance in a Network of Networks

FSR Energy Union Law Webinar Series with Saskia Lavrijssen & Thomas Kohlbacher (TILEC) This webinar will look at the development of the governance structure of […] read more

Energy Union Law

GDPR webinar

Webinar

18.06.2018

The GDPR and the Energy Sector

FSR Energy Union Law Webinar Series with Hielke Hijmans (Centre for Information Policy Leadership and Brussels Privacy Hub) In this webinar, Hielke Hijmans analyses the […] read more

Energy Union Law

Webinar

10.05.2018

Extending the Energy Acquis beyond EU ­Institutional Challenges

FSR Energy Union Law Webinar Series with Professor Henrik Bjørnebye (University of Oslo) In this open access webinar, Professor Bjørnebye) examines the institutional governance challenges […] read more

Energy PolicyEnergy Union Law

Lights on WomenNews

16.03.2018

FSR meets with Embassy of Italy in Brazil

As part of the FSR Global Programme, the Florence School of Regulation was in Brasilia from March 7 to 10 to further the cooperation with the Brazilian […] read more

Energy PolicyEnergy Union Law

News

16.03.2018

The FSR Collaborates with the Regulators of Brazil

The Florence School of Regulation delegation composed of Director Jean-Michel Glachant, Swetha RaviKumar Bhagwat, Head of Global Relations and Anne-Marie Kehoe, Energy Union Law Coordinator, […] read more

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spider net

Capacity Withdrawals in Electricity Wholesale Markets – Competition & Regulation

- Energy Union Law

In this podcast, Panagiotis Tsangaris, alumnus of the Max Planck Institute for Innovation and Competition, discusses the competition law and regulation issues that arise as a result of capacity withdrawals in the electricity wholesale markets, exploring the application of Article 102 TFEU and the terms of Regulation 1227/2011 (REMIT).

In electricity wholesale markets, market power is mainly exercised either by withdrawing generation capacity (physical withdrawal) or by pricing it above competitive levels (economic withdrawal) in order to achieve a higher market price and, thereby, increase revenue. Inevitably, capacity withdrawal practices can be damaging for both the market and consumers. Thus, the ability of competent authorities to intervene against practices of physical and economic withholding of capacity is crucial. As with any other form of market abuse, the physical and economic withholding of capacity is subject to the application of competition law, in particular Article 102 TFEU. In addition, Regulation 1227/2011 on wholesale market integrity and transparency (REMIT) also enhances transparency in wholesale energy markets and prohibits any acts of market manipulation on wholesale energy markets and may be turned to in order to deal with capacity withdrawal practices. Panagiotis Tsangaris discusses the scope and application of both, as well as the roles of ACER and the NRAs in monitoring the markets, the definition and geographic delineation of the markets in an increasingly interconnected and integrated market across Europe, and the challenges of determining market dominance.

For more, you can see Panagiotis Tsangaris’ recent publication.

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