Competition in Energy Markets Law and Regulation in the European Union, 2nd Edition

• The most comprehensive treatment of competition law and regulation issues available in relation to EU energy markets - in a single volume
• Anti-trust, merger control and state aid issues, including the recent Sector inquiry, all examined in separate new chapters
• The latest mergers - from Endesa/E.ON to GdF/Suez - examined in detail
• New chapters cover nuclear energy, oil, renewable energy, coal, energy security, the EU emissions trading scheme, the role of regulatory agencies and energy taxation
• Clear, matter-of-fact exposition and problem-solving approach which focuses on lawyers' requirements

New to this edition

• Considerable expansion to the competition law section, including cases
• New chapter dealing expressly with oil law issues, particularly in connection with the North Sea
• New chapter on the impact of environmental regulation, including emissions trading, renewable energy and nuclear power
• Expanded treatment of the rules made by national energy regulatory bodies
• Extensive coverage of new Member State rules, new legislation and competition cases
• A more practical approach taken than in the previous edition, focusing more on problem-solving rather than the development of law or policy

The new edition of this book gives a comprehensive update and analysis of European law as it affects competition in EU energy markets, especially oil, gas and electricity. This includes all relevant directives, regulations, Treaty provisions (including the energy chapter in the draft EU Constitution), case law and decisions of the ECJ, the CFI and the European Commission competition authorities. Appropriate consideration is also given to the new developments in EU legal relations with Norway, Switzerland and other neighbouring countries. In this edition a special chapter examines the growing impact of environmental rules on the energy sector, especially with respect to renewable energy, nuclear power and the EU emissions trading scheme.

A new section on the competition law framework explains and describes in detail the growing impact of competition law instruments such as merger control, state aid and antitrust in this sector. The new edition also explains the greatly enhanced role of the national energy regulatory authorities and the European Competition Network in enforcing law at the European level, as well as the various challenges that may be made to their decisions.

The approach adopted in this edition is primarily analytical and practical, treating each problem that has arisen in application of the law and assessing the efficacy of the solution adopted. It examines the tensions that arise in the law as a result of conflicting policy objectives on environmental, internal market and security of supply concerns. The new edition draws on the insights of a high-level advisory panel of senior pracitioners, regulators and academics in the sector. The panel is made up of Professor Sir David Edward, formerly at the ECJ; Maria Rehbinder, the Head of Unit for Energy and Water at DG Competition, European Commission; David Newbery, economics professor at Cambridge University; and Michael Brothwood, solicitor and occasional advisor to the House of Lords Select Committee on Europe.

Readership: Practitioners and legal consultants dealing with European energy law and regulation, or utilities law more generally; legal practitioners and economists specialising in EU competition and regulation; regulators in the energy sector; judges; policy specialists and business professionals in the energy, environment or other regulated sectors; academics; reference libraries.