ENGLISH

Application of Anti-manipulation Law to EU Wholesale Energy Markets and Its Interplay with EU Competition Law (Energy and Environmental Law and Policy)

By Huseyin Cagri Corlu

Book information

Publisher
wolters kluwer
Year
2018
ISBN
904119603X, 9789041196033
Language
english
Format
EPUB
Filesize
1 MB (1063657 bytes)
Pages
312\0
Time added
2022-02-13 11:37:41

Description

In the course of energy liberalisation, electricity and natural gas contracts have been separated from physical delivery, and these contracts are now traded as commodities in multilateral trading facilities. Although designed to render energy trading standardised and efficient, this system raises serious questions as to whether existing regulatory and antitrust provisions are sufficient to address market abuses that cause imbalances in demand and supply. The European Union’s (EU’s) Regulation on Wholesale Energy Market Integrity and Transparency (REMIT), adopted to combat such market manipulation, is still lacking in significant case law to bolster its effectiveness. Addressing this gap, this invaluable book provides the first in-depth analysis of market manipulation in the energy sector, offering a deeply informed understanding of the new anti-manipulation rules and their implementation and enforcement. Focusing on practices that perpetrators employ to manipulate electricity and natural gas markets and the applicability of anti-manipulation rules to combat such practices, the analysis examines such issues and topics as the following:

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