The Unbundling Regime
Article from: OGEL 3 (2004), in Electricity Law and Regulation
Introduction
In order to ensure non-discriminatory access to the network and avoid conflicts of interest, it is necessary to separate the network business (natural monopoly) from those activities of a vertically integrated companies which compete on the market, namely production and supply. Achieving this separation is the purpose of the unbundling provisions in the new electricity and gas Directives, which are considerably strengthened in comparison to the previous Directives. The basic elements of the new unbundling regime are the following: Legal ...