By Dominique Finon and Atle Midttun (Eds.)
A special and thorough research of the shift in the direction of Europe-wide power legislation, markets and company options, and the level to which power platforms became extra liberalised over this era.
Reshaping of ecu fuel and electrical energy Industries analyses the foremost concerns dealing with the ecu power undefined, from a regulatory, industry, and company standpoint. present demanding situations in the box also are reviewed, together with aggressive and environmental matters.
* Liberalization: grants well timed insights into the adjustments dealing with the ecu strength within the face of deregulation.
* festival: an instantaneous examine enterprise and advertising and marketing options based on the inflow of pageant from around the globe.
* setting: presents robust [insights] into the way in which environmentally-based laws has now turn into a key driving force of the strength in Europe
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Extra info for Reshaping European Gas and Electricity Industries. Regulation, Markets and Business Strategies
Example text
Although this affirmation is partially correct, empirical evidence shows that independent or not, regulatory authorities draw their power primarily from the formal dispositions of the law. It is possible to rank regulatory powers on a scale of five cumulative levels, from the less to the more powerful. When the regulatory authority is deprived of one of these attributions, it is either the government, courts or the competition regulator that are given this task. The weakest regulatory authority is usually the one whose power is mainly an informational one.
1999). Governing Europe: Effective and Democratic?. Oxford University Press, Oxford and New York. Young, A. (2001). The Politics of Regulation. Privatized Utilities in Britain. Palgrave, London. Chapter 2 Electricity Regulation in Europe C. GENOUD AND M. 1. Introduction In this chapter, we analyse and compare the electricity regulatory frameworks of seventeen European countries (fifteen European Union members plus Norway and Switzerland. 1) In an introductory section we briefly present the European liberalisation framework and the two specific cases of Norway and England & Wales, which anticipated the EU reforms by several years.
Austria therefore can no longer be categorised as a weak regulatory framework. Logically, strong and integrated regulatory frameworks are found in more centralistic states, although important differences can be found between countries in this category. As shown above, the evaluation of regulatory powers is a difficult and delicate task. Indeed, highly independent regulators can have limited attributions and vice versa. Nevertheless, one common feature of all these cases is the existence of one integrated and coherent regulatory framework.