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Smart consumers in the internet of energy
This report analyses international case studies of innovative business models and regulatory arrangements and provides recommendations for a truly smart energy system. “Active consumers who have access to distributed energy resources, such as solar photovoltaics, storage, electric vehicles and heating appliances will play a crucial role in the challenging transition to a low carbon energy system", explains Monica Giulietti, one of the report’s authors. For fairer prices: use tariffs based on capacity rather than on volume The current network tariff regime is not optimal for a smart energy system. Researchers recommend that tariffs be more directly linked to costs. A more advanced tariff ...
Monstrous Ontologies: Politics Ethics Materiality
While the presence of monsters in popular culture is ever-increasing, their use as an explicit or implicit category to frame, stigmatise, and demonise the other is seemingly on the rise. At the same time, academic interest for monsters is ever-growing. Usually, monstrosity is understood as a category that emerges to signal a transgression to a given order; this approach has led to the demystification of the insidious characterisations of the (racial, sexual, physical) other as monstrous. While this effort has been necessary, its collateral effects have reduced the monstrous to a mere (socio-cultural) construction of the other: a dialectical framing that de facto deprives monstrosity from any...
The Law for Energy Prosumers
This book argues that law has a vital role in shaping the electricity system to enable a more active role for consumers in liberalizsed electricity industries. To do that, this book offers a unique legal perspective of the Netherlands, New Zealand and Colombia to help understand some of the current legal approaches to prosumers and therefore the legal challenges and opportunities facing. Law and regulation have the role of creating a level playing field for emerging participants, such as prosumers, to participate and compete in the market together with traditional actors, bringing not only more competition but also representing a more sustainable, environmental and democratic way to supply e...
Russian Electricity and Energy Investment Law
Electricity supply plays a strategic role for Russia’s economic development and for social peace. As a main consumer of natural gas, electricity is also of central importance for the efficient management of Russia’s energy resource basis. Today, however, the electricity sector is in an obsolete condition. Investments are needed in the modernization of the infrastructure. This book analyzes the liberalization and privatization program that Russia is implementing to attract private investments in this modernization process. Taking a comparative approach, this analysis critically assesses Russian electricity law in the light of the European liberalization experience. Given the strategic importance of electricity, investors face significant risks of government intervention. This book identifies these regulatory risks and examines investment protection mechanisms under Russia’s national and international investment obligations.
ITF Round Tables Oil Dependence Is Transport Running Out of Affordable Fuel?
Assesses the policy instruments available to address oil security and climate change and examines their interaction with measures to manage congestion and mitigate local air pollution.
Capacity Mechanisms in the EU Energy Markets
Capacity remuneration mechanisms (or simply capacity mechanisms) have become a fact of life in member states' energy markets and are one of the hottest topics in the wider European regulatory debate. Concerned about the security of electricity supply, national governments are implementing subsidy schemes to encourage investment in conventional power generation capacity, alongside already heavily subsidized renewable energy sources. With the increasingly connected European electricity markets, the introduction of a capacity mechanism in one country not only tends to distort its national market but may also have unforeseeable consequences for neighbouring electricity markets. As these mechanis...
Imperfect Markets and Imperfect Regulation
The first textbook to present a comprehensive and detailed economic analysis of electricity markets, analyzing the tensions between microeconomics and political economy. The power industry is essential in our fight against climate change. This book is the first to examine in detail the microeconomics underlying power markets, stemming from peak-load pricing, by which prices are low when the installed generation capacity exceeds demand but can rise a hundred times higher when demand is equal to installed capacity. The outcome of peak-load pricing is often difficult to accept politically, and the book explores the tensions between microeconomics and political economy. Understanding peak-load p...
Capacity Withdrawals in the Electricity Wholesale Market
This book examines the issue of capacity withdrawals in the electricity wholesale market. Electricity generators can exercise market power in the wholesale market either by withdrawing generation capacity, or by pricing above competitive levels in order to achieve a higher market price and, thereby, increase revenues. After a comprehensive explanation of capacity withdrawal practices and the issues that arise when proceeding under competition law, the book analyses whether an increased state of transparency, as provided for in the REMIT and Regulation 543/2013, could facilitate the efficient functioning of electricity wholesale markets and the investigation of capacity withdrawal practices. It also examines the effect of the prohibition of market manipulation as prescribed in the REMIT in dealing with abusive capacity withdrawals in the electricity wholesale market.
From the Channel to the Ypres Salient
The sector north of Ypres is best known for the inundation of much of the ground to the east of the Yser that acted as a block to the German advance in the autumn of 1914. From that time on military activities were extremely limited. Much of this line was manned by Belgian troops, with some assistance from the French army at its southern end and of the British army on the Channel coast. The role of the Belgian army in the Great War is little known, apart from the opening months, when 'brave little Belgium' held on to its important fortified cities, notably Liege and Antwerp, for longer than German planning had anticipated. It was not until mid October 1914 that the Belgian army was forced ba...
