Since the European Union's de-regulation policy for electricity and energy suppliers was implemented, new strategic configurations have emerged. Traditional restraints of geographical limitations on energy companies have been partly removed: the diversity at national regulatory and company level means that the European scene is one of a multiplicity of strategic configurations and developments, whilst also being complex and segmented.This book highlights the strategic and regulatory challenges of European deregulation, with its main focus being on the business strategies within the emerging de-regulated electricity markets; various regulatory implications which are being raised in this new climate are discussed. Some of the central strategic issues facing the electricity industry in its new competitive context are explored and reviewed, with classical themes debated as a prelude to the following empirical investigation of actual business strategies pursued by the electricity and energy industries.The main section of this work consists of 7 national case studies of business strategies which also include one North and one South American case. These were considered important inclusions as the North American companies are large investors in the European market, whilst the European companies invest in the South American market. The final chapter is a comparison and summary of the national patterns of market structures, business strategies and regulatory styles with a brief look at some challenges to be faced in future.

A unique and thorough investigation of the shift towards Europe-wide energy regulation, markets and business strategies, and the extent to which energy systems have become more liberalised over this period. Reshaping of European Gas and Electricity Industries analyses the key issues facing the European energy industry, from a regulatory, market, and business perspective. Current challenges within the field are also reviewed, including competitive and environmental issues. - Liberalization: Delivers timely insights into the changes facing the European energy industry in the face of deregulation - Competition: A direct look at business and marketing strategies in response to the influx of competition from across the globe - Environment: Provides powerful [insights] into the way environmentally-based legislation has now become a key driver of the energy industry in Europe

Since the mid-2000s, the European Union has made unprecedented strides toward the creation of a common energy policy. This book takes stock of these developments, evaluating how much progress has actually been made and what remains to be done, what factors explain these recent advances and their limitations.

This book aims to describe the mechanisms of the internal wholesale electricity market in terms of the legal tools and practices used by electricity producers, the most important market participants. In this regard, the focus is on Northwestern Europe. Because of the book’s functional perspective, it is not limited to the external regulation of electricity markets at the EU level and also describes the business models and practices employed by electricity producers. Both the physical and financial marketplaces are examined and topics including electricity supply, balancing, transmission and derivatives are covered. The target for the completion of the EU’s internal electricity market was 2014. The internal wholesale electricity market is very important not only for electricity producers, suppliers and major end consumers but also for network operators, marketplace operators, electricity technology firms, investment firms and market regulators.

La 4e de couverture indique : "Since the introduction a quarter-century ago of market-based investments in the production of electricity and other critical services, our awareness of the underlying issues affecting the supply and consumption of energy has changed radically. No longer can Europe (or any region) rely on over-capacity of electricity generation and inexpensive primary energy fuels, or disregard the signs of potentially catastrophic climate change. The author of this timely and sharply focused book shows that, in the light of our current knowledge, ensuring new investments - and the right investments - in electricity generation constitutes an urgent energy policy challenge facing the EU over the coming decades. He accordingly makes the case for a serious reconsideration of the market facilitation and market intervention rules under electricity market legislation in the EU. In the first detailed legal analysis of the EU's internal electricity market framework for investments in electricity generation facilities from the perspective of security of supply, this book cover such legal issues as the following in precise detail : applicability of the Treaty on the Functioning of the European Union (TFEU) ; security of supply as a ground for exemption on the basis of public security ; justifications of public intervention ; the applicability of EU State aid provisions to investments in energy security ; requirements imposed by EU law on Member States for ensuring cost-efficient investments in European supply security ; facilitation of renewable energy sources and cogeneration in the environmental interest ; the Court of Justice's approach to Member State interventions ; the Court's decisions on restrictions on free movement in the environmental interest ; Member States' right to launch tendering procedures for new generation capacity ; Member States' right to impose public service obligations in the general economic interest on certain undertakings ; and relationship between the provisions of the TFEU and those of the Euratom Treaty in relation to investments in nuclear power generation. Throughout the study, in addition to his analysis of the decisions of the Court of Justice and the Court of First Instance, the author takes into account legal literature and Union reports, preparatory works, and working papers. The book demonstrates convincingly that today's energy supply challenges must be based on a broader balancing of security, competitiveness and sustainability interests. It suggests that the internal electricity market provisions of the Electricity Directive and the Security of Electricity Supply Directive would benefit from focusing more intensely on requiring investments in technologies and primary energy sources that will help mitigate climate change and reduce European energy import dependency, and less on the need for ensuring cost-efficient investments through market-based means. Through its detailed analysis of EU law in an area of great significance to both market participants and the public sector, Investing in EU Energy Security will be welcomed by legal advisors, whether working for the EU electricity industry or public agencies responsible for implementation of internal electricity market measures, as well as by academics in this hugely important field of current research."

Focussing on the change and development of national gas markets in Europe, this book provides an overview, analysis and comparison of recent dynamics in several national gas markets, at a time of very rapid change within this industry. This overview provides a better understanding of current events and future evolution in the European gas business.What can be expected at the European level given the recent trends and dynamics in national gas markets in Europe? How did countries respond to the EU gas directive and why? What are the important barriers to a harmonised European gas market from the perspective of national developments? This book tackles these and related questions.Written by experts across the field of energy policy and reform, this publication will be an invaluable resource for social scientists studying the ongoing reform process in energy markets as well as industry analysts, consultants, policy makers and utility companies worldwide.

. . . this book is a timely and significant read for anyone with an interest in the operation of the energy sector. Karen Morrow, International Energy Law & Taxation Review This is a timely and comparative assessment of initiatives to promote renewable electricity sources (RES-E) in eight European countries. Carried out by the ProSus research programme at the University of Oslo in cooperation with leading research institutions in each country, the book focuses on the promotional schemes used to foster RES-E in Austria, Denmark, Finland, Ireland, the Netherlands, Norway, Spain and Sweden. The book is unique in that it monitors progress on implementing the EU RES-E Directive in relation to the impact of the dominant energy systems in each country. Employing notions of path dependency/path creation , the analysis demonstrates that crucial lessons for promoting RES-E are to be found in the contextual conditions of national and regional settings; conditions that qualify the effects of more general, market-oriented schemes. The conclusions reached are of direct relevance for the ongoing debate as to the most effective policy instruments for achieving sustainable energy and climate policies in Europe. Promoting Sustainable Electricity in Europe will be of interest to academics and researchers involved in environmental management, energy studies, technology and sustainable development. Furthermore, it will be of interest to policymakers and bureaucrats both at the EU level and among EU/EEA member states concerned with climate change, renewable energy and sustainable development at large. The book should also be of relevance for business organizations and NGOs concerned with the promotion of sustainable electricity.

Global climate change and the war in Ukraine have put energy back on the agenda for Europe in a way that has not been seen since the oil crisis of the 1970s. But the economics and business of supplying energy to Europe has a long and rich history going back to the nineteenth century. This book explores changes in energy markets, strategies, firms and investments during the nineteenth and twentieth centuries. The primary focus is on manufactured gas—the gas that was initially produced from coal distillation until new ways of manufacturing gas emerged after the Second World War. The expert contributors to this volume draw on their extensive research and utilise primary sources to explore a wide range of issues, including technological adaptation, market regulation, energy investments (particularly the role of foreign capital), gas consumption and supply issues. The case studies are particularly drawn from Spain, France and Italy, but the authors provide a comparative and global perspective to consider the wider context. The volume closes with an epilogue that brings the story into the present day to consider current issues affecting gas markets in the EU, including war, geostrategy and pipelines. This book will be of interest to readers in economic history, business history, energy history, the history of public utilities and modern European history more broadly.

Provides an overview of issues related to energy supply, distribution, and use, including history, terminology, biographical information on important individuals, and a complete annotated bibliography.