December 20th, 2011
Huge investments in new transmission power lines are required on both sides of the Atlantic in the next two decades. Financial, technological and regulatory uncertainties jeopardise their timely implementation. The European Commission (EC) and the Federal Energy Regulatory Commission (FERC) have recently started to design a more favourable regulatory framework. Will they succeed? And do their proposals differ? Continue reading »
Posted in Climate Change, Electricity | No Comments »
April 16th, 2009
How should energy regulators manage contractual relationships in wholesale and retail markets ? I suggest that two decades after the start of the first liberalization programs around the world this question is more pressing than ever. The opening of energy markets to competition was blessed with mixed results.
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Posted in Electricity, Energy Policy | 2 Comments »
July 17th, 2008
On June 26, 2008 the US Supreme Court issued a 5-2 decision that reopens the debate on long-term contracts concluded in the wake of the California electricity crisis. It advances arguments that confirm the uncertainties surrounding contractual arrangements in the liberalized energy industries.
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Posted in Electricity | No Comments »
January 30th, 2008
Long-term energy contracts are under attack by antitrust authorities and courts on both sides of the Atlantic. Should we protect contract certainty to promote infrastructure investments? Or should we deny the validity of contracts concluded in non-competitive energy markets?
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Posted in Electricity, English, Gas | 1 Comment »
