Competition and Energy Markets: What Role for Competition Policy in the Current Geopolitical Context?

Competition and Energy Markets is a pivotal and timely volume that provides guidance on how to address the crucial trade-offs that arise when competition policy meets other challenging European objectives. The extraordinary double crisis of the COVID-19 pandemic and the war in Ukraine has given rise to an unusual geopolitical dilemma for the EU institutions – especially in the energy sector – of ensuring the security of energy supply and upholding committed emission targets concurrently.

What’s in this book:

This compendium comprises contributions from eminent practitioners and academics, members of the European Commission, and representatives of national competition authorities, who address various issues around the new energy dilemma concerning the following aspects:

• affordability of energy prices
• EU energy infrastructures
• solidarity amongst Member States
• reform of the electricity market design and competition enforcement
• fitness and appropriateness of EU State aid tools, and
• competition enforcers’ perspectives

The book is a revision of papers and presentations given at the 2023 Annual Conference of the Global Competition Law Center (GCLC) of the College of Europe.

How this will help you:

Although other constraints beyond the security of supply and the path towards a green economy exist, they do not alter the trade-offs’ existence but make them even more problematic and unavoidable. Consequently, all professionals and officials shaping energy policy will greatly appreciate this invaluable book. For practitioners, policymakers and academics working on competition law, the book will provide valuable food for thought and guidance in the years ahead.