eu

by Simona Benedettini - The European Commission has recently launched a state aid sector inquiry on Member States’ capacity mechanisms. The UK is not included in the inquiry given that its capacity market, currently running, has been already approved by the EC in the light of state aid rules.
Nonetheless, a more detailed insight into the UK capacity mechanism leads to some considerations about whether its ability to promote generation adequacy in a competitive and cost-effective manner may be involuntarily jeopardized by some of its features.

by Sissi Bellomo (Il Sole 24 Ore) - One of the charges the European Commission brought against Gazprom in its antitrust case is that it allegedly practiced an “unfair pricing policy” towards some customers that were thus forced to pay more than due for gas supplies. What is a “fair” gas price anyway?

by Francesca Morra and Lorenzo Parola - The new regulatory framework arising from the combined provisions of EMIR, MiFID II and MiFIR, aimed to make financial markets more efficient, resilient and transparent and to strengthen the protection of investors, significantly widens the panoply of obligations that apply to energy commodities derivatives and to energy traders.