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Energy Policy

Lights on WomenPodcast

22.01.2018

Ensuring competitiveness and integrity of wholesale energy markets: the regulators’ view | Podcast with Clara Poletti

Competitiveness of wholesale energy markets is a fundamental goal of the EU since more than 20 years. Recently, specific pieces of legislation like REMIT have […] read more

Gas

Interview

19.01.2018

All you need to know on the EU energy market in 2018-2019… in one interview!

The FSR is pleased to publish an exclusive interview to Klaus-Dieter Borchardt (Director, DG ENER), by Ilaria Conti (Head of FSR Gas Area) – recorded […] read more

Energy Union Law

Leigh Hancher

Topic of the Month

18.01.2018

State aid, unbundling and EdF – a new piece in the puzzle?

Written by Leigh Hancher    The EU Treaty state aid rules (Articles 107 and 108) have a major role to play in the energy sector. […] read more

Climate

news climate

News

16.01.2018

FSR Climate Member of UN SDSN

The FSR Climate has been accepted as member of the UN Sustainable Development Solutions Network (SDSN). Operating since 2012 under the auspices of the UN Secretary-General,  […] read more

Climate

News

15.01.2018

Simone Borghesi IAERE President

On 1 January 2018, the director of FSR Climate, Simone Borghesi has  received the mandate to act as President of the IAERE for the period 2018-2019, after […] read more

Electricity

Toulouse School of Economics

15.01.2018

The European Commission’s green resolutions

Written by S. Ambec and C. Crampes (Toulouse School of Economics) The European Commission (EC) provided its contribution to the One Planet Summit in Paris […] read more

Electricity

News

15.01.2018

Design the electricity market(s) of the future – new ebook!

New publication online! Design the electricity market(s) of the future. Edited by Nicolò Rossetto (FSR) Proceedings from the Eurelectric-FSR Conference, 7 June 2017 Markets can […] read more

Energy Union Law

Podcast

15.01.2018

The Opal Gas Pipeline

In this podcast, Szymon Zaręba from the Polish Institute of International Affairs discusses the legislative developments surrounding the controversial Opal gas pipeline. The Opal pipeline […] read more

Electricity

Lights on WomenTopic of the Month

9.01.2018

Will the Bridge Span the Gap? The Political Debate on Governance

Written by Marie Vandendriessche   This Topic of the Month will zoom in on the EU’s Energy Union, and particularly a novel part of it: […] read more

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Ensuring competitiveness and integrity of wholesale energy markets: the regulators’ view | Podcast with Clara Poletti

- Energy Policy

Competitiveness of wholesale energy markets is a fundamental goal of the EU since more than 20 years. Recently, specific pieces of legislation like REMIT have been introduced to foster market transparency and integrity. According to Clara Poletti – Head of the Energy Division at the Italian energy regulator ARERA (formerly known as AEEGSI) – national energy regulators are used to cooperate with national competition authorities and the European Commission to promote competition both ex-ante and ex-post. They are now obliged to adapt their procedures and praxis to the new rules. Beside traditional issues like abuse of market power and market foreclosure, they need to consider further cases of market abuse, not necessarily implemented by dominant players. Harmonised implementation across Europe is vital.

A relevant example is represented by excessive pricing. Unfortunately, due to the current deployment of more capital intensive electricity generation technologies, it is more and more difficult to assess whether a price is excessive or not. In other words: are the high prices recorded from time to time on wholesale markets the result of scarcity or the consequence of market power and other unfair conducts by market players? Academics are invited to contribute to the discussion.

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