by Francesca Morra e Lorenzo Parola - With decision of 18 and 30 March 2015, the Administrative Court of Lombardy (TAR) dismissed the appeal of OLT Offshore LNG Toscana S.p.A. against a number of resolutions of the Italian energy regulator - AEEGSI - regarding the regasification activity. OLT is a joint venture between the Italian utility IREN and the German one EON, which developed and manages together a floating regasification terminal off the coast between Livorno and Pisa with a capacity of 3.75 billion cubic metres/year. Many aspects of the case are worth noting. In fact, it created a precedent of waiver of the exemption from third party access (TPA) provisions, forcing the relevant authorities to fill a gap in the TPA exemption discipline.
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?