This book presents the first in-depth analysis of the export of the EU
electricity acquis, through the imposition of an EU-type regional electricity
market (REM) in SEE within the enlargement process. Among other germane
issues, the author discusses the following:
the suitability of the European model of electricity markets’ liberalization
for economies in transition;
the use of the Public Services Obligations (PSO) to address the impact of
electricity markets liberalization;
the use of regulated prices and measures for granting priority rights for
cross-border capacity allocation as PSOs;
the Court of Justice judgement in Federutility on the sustainability of
states’ protection of their different types of customers, including the large
the Energy Community as a step towards a Pan-European Energy Community;
the effect of simultaneous national electricity markets liberalization and
cross-border regional integration of national electricity markets; and,
the interplay between liberalization policy and reforms and the regulatory
tools available to address their impact on provision of public services.
The author’s proposed rethinking of the public services obligation offers new
views on using this tool more effectively and proposes possibilities for its
practical implementation through measures such as energy efficiency,
allocation of interconnectors’ capacity, transparency, addressing the
affordability issue and the protection of vulnerable customers. The book is
remarkable for its clear analysis of the policy lessons arising from the
export of the idea of liberalized energy markets, and will be welcomed by
practitioners, officials, academics and others in energy law and policy for
its informative and forward-looking overview of the national and cross-border
reforms in the Energy Community framework.
List of Figures.
List of Tables.
List of Abbreviations.
Part I The Framework.
Chapter 1 From a Textbook Model to an Incrementally Developing European
Model for the Liberalization of Electricity Markets.
Chapter 2 PSO as a Regulatory Tool to Tackle the Impact of Electricity
Chapter 3 The Power of the Commission in Implementing the Incrementally
Developed European Model of Electricity Market Liberalization in Third
Part II Analysis of Electricity Market Liberalization in SEE.
Chapter 4 Implementation of the Incrementally Developed European Model
of Electricity Market Liberalization in Third Countries.
Chapter 5 Rethinking Liberalization through an Analysis of PSO: Is PSO
a Useful Tool to Tackle the Impact of Electricity Market Liberalization in the
Annex I: Market Participants in the Electricity Markets of the
Annex II: Energy Consumption and Supply, and Installed Capacity to Meet
Electricity Demand in the Contracting Parties.
Table of Statutes.
Table of Cases.
Energy Community Documents.