Power Exchanges and Capacity Allocation and Congestion Management: A New Role in a Better Regulatory Environment?
-
-
R. Feltkamp
-
-
G. Hendrikx
Published 19 October 2017
Abstract
This paper assesses the manner in which the Commission Regulation (EU) 2015/1222 of 24 July 2015 establishing a guideline on capacity allocation and congestion management ("CACM") alters the legal context within which power exchanges ("PXs") perform their activities. By submitting the cooperation among the newly introduced NEMO-entities, and between these NEMOs and TSOs, regarding market coupling to a new set of rules, CACM affects the market coupling activities of PXs in different ways. This paper in particular examines from the power exchanges perspective (1) the need for the increased regulation introduced by CACM, (2) how CACM affects their activities in the context of market coupling and (3) whether CACM contributes to a better governance of market coupling.
To read this article you need to be a subscriber
Subscribe
Fill in the registration form and answer a few simple questions to receive a quote.
Subscribe now
Suggested Citation
R. Feltkamp; G. Hendrikx (2017, forthcoming) "Power Exchanges and Capacity Allocation and Congestion Management: A New Role in a Better Regulatory Environment?"
(OGEL, ISSN 1875-418X) October 2017, www.ogel.org
Other recently published material:
Corporate Tax in Oil & Gas Production. Who Must Pay It in Equatorial Guinea?
13 April 2018
Addendum OGEL 4 (2017): Enforceability of Take-or-Pay Provision in Offtake Agreements Post Cavendish
11 April 2018
Addendum OGEL 4 (2017) - US LNG Competition Evaluation and Export Prospects
1 March 2018
Adjudicating the Impact of Oil Spills in Nigeria: The Need for Black Benches in Oil Producing States
2 February 2018
Design of the Energy Community of China and Its Neighboring Countries: Legal Basis and Possible Approaches
9 January 2018
Complete listing of Advance publication.
