Interconnectors: EC cross-border electricity exchanges, capacity reservations and the use it or lose it principle
Article from: OGEL 3 (2003), in Electricity Law and Regulation
Summary
This contribution examines the function and application of the so-called use it or lose it principle to capacity reservations for the utilisation of interconnected electricity networks. The article discusses the understanding of the principle presented by its codification in the forthcoming Regulation on Cross-border Exchanges in Electricity, the discussion in the Florence electricity regulatory forum, and communications of the Commission concerning competition law investigations into long-term capacity reservations. The article also illustrates the practical implementation of ...