The Evolution of Electricity Markets in Europe PDF Download

Author: Leonardo Meeus
Publisher: Edward Elgar Publishing
ISBN: 1789905478
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches.

Author: Marta Cantero Gamito
Publisher: Edward Elgar Publishing
ISBN: 1788118413
Category : Law
Languages : en
Pages : 347

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Book Description
This book explores questions of transnational private legal theory in the context of the external dimension of EU private law. The interaction between existing theories of transnational ordering and the external reach of European Regulatory Private Law is articulated through examination of what are found to be the three major proxies of transnational private ordering: private contracts, standards and codes.

Author: Andreas Sumper
Publisher: John Wiley & Sons
ISBN: 1119434505
Category : Technology & Engineering
Languages : en
Pages : 282

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Book Description
Introduces readers to micro and local power markets and their use for local initiatives, grid integration, and future applications This book provides the basis for understanding micro power markets, emphasizing its application for local initiatives, the grid integration of renewable-based generation, and facilitating the decarbonization of the future electrical networks. It gives readers a comprehensive overview of the market operation, and highlights the basis of the design of local and micro markets. Micro and Local Power Markets starts by covering the economics and basic principle of power markets, including the fundamentals of the power trading (for both wholesale and local markets). Following a definition of both micro and local (technical and economic aspects) power markets, the book then looks at the organization of such markets. It describes the design of those power markets, isolated from the wholesale markets, and examines the methodologies of the interaction between these power markets and wholesale markets. The book also presents cognitive business models for micro and local power markets, as well as the regulatory issues concerning them. Introduces the basic principle of power markets Defines micro and local power markets Outlines the design of micro and local power markets, including the principles, as well as the trading schemes, flexibility, and services Discusses methodologies of the interaction between micro and local power markets and wholesale markets Presents business models for micro and local power markets Summarizes regulatory issues around micro and local power markets Micro and Local Power Markets is an ideal book for upper undergraduate students in engineering, as well as for early researchers in the energy sector. It is also recommended for any scientist and engineer being introduced to the field of power systems and their organization.

Author: Oliver D. Doleski
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3111265196
Category : Science
Languages : en
Pages : 1184

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Book Description
Bridging the technical and the economical worlds of the energy sector and establishing a solid understanding of today's energy supply as a complex system– with these missions in mind, the book at hand compactly describes the fundamentals of electrical power supply in a dialogue between technology and non-technology, between academia and practitioners, and between nations and continents. Today, energy supply is a complex global system – it is time for a dialogue of the disciplines. In this book, experts explain in an understandable manner the technical foundations and selected specific aspects of today's electrical power supply. Each chapter supplies a fundamental introduction in layman's terms to the topic and serves technical specialists both as a reference and as an opportunity to expand their knowledge. Practical examples and case studies complete the compendium. Technology and economics in the energy sector work on the same questions out of different perspectives. The increasing complexity and interconnections and the epochal upheavals in the energy sector make a comprehensive understanding of the energy sector as a system an essential requirement. This necessitates an ongoing and successful dialogue between the disciplines and between academia and practitioners. To that aim, this book serves both as a compact reference for everyone interested in the energy sector and as a true translation aid between the professional disciplines.

Author: Michelle Egan
Publisher: OUP Oxford
ISBN: 0191045705
Category : Political Science
Languages : en
Pages : 300

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Book Description
This timely book provides in-depth analytical comparison of the nineteenth century evolution of the American single market with corresponding political, economic, and social developments in post-WWII European efforts to create a single European market. Building the regulatory framework needed for successful adoption of an integrated single market across diverse political units represents one of the most important issues in comparative political economy. What accounts for the political success or failure in creating integrated markets in their respective territories? When social discontent threatens market integration with populist backlash, what must be done to create political support and greater legitimacy? Single Markets focuses on the creation of integrated economies, in which the United States and European Union experienced sharply contested ideas about the operation of their respective markets, conflict over the allocation of institutional authority, and pressure from competing political, economic, and social forces over the role and consequences of increased competition. Drawing upon four case studies, the book highlights the contestation surrounding the US and EUs efforts to create common currencies, expand their borders and territories, and deal with the pressures of populist parties, regional interests and varied fiscal and economic challenges. Theoretically, the book draws on work in European integration and American Political Development (APD) to illustrate that the consolidation of markets in the US and EU took place in conjunction with the expansion of state regulatory power and pressure for democratic reform. Single Markets situates the consolidation of single markets in the US and EU in a broader comparative context that draws on research in economics, public administration, political science, law, and history.

Author: Martha M. Roggenkamp
Publisher: Intersentia nv
ISBN: 9050953174
Category : Electric power distribution
Languages : en
Pages : 338

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Book Description
The liberalisation of the electricity sector has changed the way in which electricity is traded. De facto or legal vertical monopolies are gradually abandoned and new participants have entered the market. At the wholesale level, one of the important developments is the establishment of organised electricity markets, i.e. electricity power exchanges. This book analyses the role and evaluates the impact of these new organised markets, which until now received little attention. The introduction provides an overview of the developments on EC level as this creates the legal environment within which power exchanges operate. The implementation of the EC Electricity Directive has inter alia resulted in a commodization of electricity trading. Thereupon the development of power pools and electricity exchanges is discussed as well as the products which can be traded. Subsequently, the development of the most important national and/or regional exchanges in Europe will be examined. National experts will analyse the role of power exchanges in the Nordic countries, the United Kingdom, the Netherlands, Germany, France, Austria, Spain and Italy. The authors analyse the most important developments in their jurisdictions according to a fixed outline (e.g. implementation of the EC Electricity Directive, market structure, emergence and functioning of the organised market, products traded and the impact of cross-border trade) which allows for a comparative analysis and facilitates understanding. Finally, some conclusions with regard to the establishment of a single electricity market will be presented as well as some future developments.

Author: Juan M. Morales
Publisher: Springer Science & Business Media
ISBN: 1461494117
Category : Business & Economics
Languages : en
Pages : 434

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Book Description
This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units. As stochastic renewable production units become ubiquitous throughout electric energy systems, an increasing level of flexible backup provided by non-stochastic units and other system agents is needed if supply security and quality are to be maintained. Within the context above, this book provides up-to-date analytical tools to address challenging operational problems such as: • The modeling and forecasting of stochastic renewable power production. • The characterization of the impact of renewable production on market outcomes. • The clearing of electricity markets with high penetration of stochastic renewable units. • The development of mechanisms to counteract the variability and unpredictability of stochastic renewable units so that supply security is not at risk. • The trading of the electric energy produced by stochastic renewable producers. • The association of a number of electricity production facilities, stochastic and others, to increase their competitive edge in the electricity market. • The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units. This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, applied mathematics and economics. Practitioners in the electric energy sector will benefit as well from the concepts and techniques explained in this book.

Author: Stephane Goutte
Publisher: World Scientific
ISBN: 9813278390
Category : Business & Economics
Languages : en
Pages : 827

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Book Description
Modeling the dynamics of energy markets has become a challenging task. The intensification of their financialization since 2004 had made them more complex but also more integrated with other tradable asset classes. More importantly, their large and frequent fluctuations in terms of both prices and volatility, particularly in the aftermath of the global financial crisis 2008-2009, posit difficulties for modeling and forecasting energy price behavior and are primary sources of concerns for macroeconomic stability and general economic performance.This handbook aims to advance the debate on the theories and practices of quantitative energy finance while shedding light on innovative results and technical methods applied to energy markets. Its primary focus is on the recent development and applications of mathematical and quantitative approaches for a better understanding of the stochastic processes that drive energy market movements. The handbook is designed for not only graduate students and researchers but also practitioners and policymakers.

Author: Bram Delvaux
Publisher:
ISBN: 9781780681870
Category : Energy conservation
Languages : en
Pages : 0

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Book Description
"This fourth volume of the 'ELRF' book 'EU Energy Law and Policy Issues', as with the previous versions of the book, offers an overview of some of the most recent developments taking place in the EU energy law and policy sector. In this respect, the reader will find a number of contributions which provide detailed and critical views on some of the main issues in this area. Over the years the Energy Law Research Forum or "ELRF" has confirmed it has a role to play in the energy law and policy debate. Today, the ELRF includes most of the younger generation of EU energy law specialists with an academic interest, and the book has become a reference for research and literature, as well as for the Court of Justice of the European Union. This edition of the book covers topical issues ranging from exemptions and derogations in the EU energy acquis, pricing, access, investments, nuclear energy, external energy relations as well as the role of regulatory authorities in the EU and beyond."--Back cover.

Author: Leigh Hancher
Publisher: Oxford University Press
ISBN: 0191066184
Category : Law
Languages : en
Pages : 443

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Book Description
Ensuring an adequate, long-term energy supply is a paramount concern in Europe. EU member states now intervene by encouraging investment in generation capacity, offering an additional revenue stream for conventional power plants in addition to the existing, heavily subsidised investments in renewable energy sources. These capacity remuneration mechanisms (or simply capacity mechanisms) have become a hot topic in the wider European regulatory debate. European electricity markets are increasingly interconnected, so the introduction of a capacity mechanism in one country not only distorts its national market but may have unforeseeable consequences for neighbouring electricity markets. If these mechanisms are adopted by several member states with no supra-national coordination and no consideration for their cross-border impact, they may cause serious market distortions and put the future of the European internal electricity market at risk. This book provides readers with an in-depth analysis of capacity mechanisms, written by an expert team of policy-makers, economists, and legal professionals. It will be a first point of reference for regulators and policy-makers responsible for designing optimal capacity mechanisms in Europe, and will be an invaluable resource for academics and practitioners in the fields of energy, regulation, and competition.