EU Electricity Trade Law

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.

1. Introduction.- Part I General Aspects: 2. Setting the Scene.- 3. Introduction to the Regulation of Electricity Markets.- Part II Marketplaces: 4. Electricity Marketplaces.- 5. Transmission Marketplaces.- 6. Market Coupling.- 7. Electricity Generated from Renewable Sources and Emission Marketplaces.- Part III Physical Contracts: 8. Long-term Electricity Supply Contracts.- 9. Balancing Contracts and Balance Group Contracts.- 10. Transmission Contracts.- Part IV Financial Contracts: 11. Financial Contracts.- 12. Financial Derivatives on Transmission Capacity.