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Capacity Withdrawals in the Electricity Wholesale Market Panagiotis Tsangaris

Capacity Withdrawals in the Electricity Wholesale Market By Panagiotis Tsangaris

Capacity Withdrawals in the Electricity Wholesale Market by Panagiotis Tsangaris


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Summary

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.

Capacity Withdrawals in the Electricity Wholesale Market Summary

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

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.

Table of Contents

Introduction and Research Questions.- General Background.- Competition Law Enforcement.- Transparency.- Regulatory Enforcement.

Additional information

NPB9783662555125
9783662555125
3662555123
Capacity Withdrawals in the Electricity Wholesale Market: Between Competition Law and Regulation by Panagiotis Tsangaris
New
Hardback
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
2017-10-05
208
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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