Regulation in the European Electricity Sector
Since the very beginning of European integration, electricity has been within the legal sphere of the EU. Much of this is found within the binding European acts making up the framework of the Energy Packages. The established legal institutions have had a significant impact on the shape of the energy market in Europe. Nevertheless, the European energy market still seems to be developing, as demonstrated by the current lively discussion about the state of the Energy Union.
Regulation in the European Electricity Sector delves into European energy law and reflects on some of the primary issues related to the public legal impact on the European energy sector. The book offers a brief explanation of the background operation of the electricity sector, as well as liberalisation within the area, and traces the evolution of the EU’s approach towards the issue of public law regulation within the electricity sector. Finally, the book presents an analysis of European and national laws, considering their interpretation, and explores the future of public law regulation.
Aimed at giving the reader a deep insight into a nature of the state’s presence in the power sector, this book will be of great interest to students and scholars of EU energy law and policy.
1. Introduction Part I. Energy: The Road to Use It, the Road to Regulate It 2. Importance of Electricity 3. Models of the Electricity Sector and the "Package Approach" Part II. Energy Markets: Between Liberalisation and Intervention 4. The Market or the State? 5 Theories of Public Law Regulation: Space for Electricity Part III. Energy Packages: Public Tools of the Liberalisation of the Electricity Sector 6. First Liberalisation Package 7. Second Liberalisation Package 8. Third Liberalisation Package Part IV. Outcomes of the European Regulatory Reform in the Electricity Sector 9. Institutional Regulatory Model of the Electricity Sector in the EU 10. European Regulatory Approach to the Electricity Sector 11. Findings and Conclusion
"Sokołowski ’s book is an excellent read for the student of regulation of electricity markets in the EU and beyond. Sokołowski provides the student of electricity market regulation with the intellectual and theoretical foundations of market theory and liberalisation. Only once one has understood the debate between the state and the market can one begin to comprehend why electricity markets have been liberalised and the regulatory format they have taken. Of most importance, Sokołowski is successful at distilling each concept he introduces into their constituent parts to properly delve into concepts such as public law regulation in the electricity sector."
Gloria M. Alvarez, University of Aberdeen and Andreas Formosa, Tempus Energy, International Energy Law Review