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Vol 22 No 10 Oct/Nov 2017

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Lindley & Banks on Partnership

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Capacity Withdrawals in the Electricity Wholesale Market: Between Competition Law and Regulation


ISBN13: 9783662555125
Published: October 2017
Publisher: Springer-Verlag
Country of Publication: Germany
Format: Hardback
Price: £86.00



In stock.

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.

Subjects:
Competition Law, Energy and Natural Resources Law
Contents:
Introduction and Research Questions.
General Background.
Competition Law Enforcement.
Transparency.
Regulatory Enforcement.