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Showing posts from October, 2009

Forthcoming Book to Review: "EU Russia Energy Relations"

To be published in December 2009, this book looks at the political and legal components of the energy relationship between the European Union (EU) and Russia. It analyses the legal framework and instruments in place to deal with EU-Russia energy trade. Of particular interest for lawyers is: Section II on Legal Aspects of EU-Russia Energy Relations; and Section III on Changing the Rules for the EU Natural Gas Markets - From State to Market and Plan to Contract. I look forward to reading and commenting section III as it relates to the manner EC competition rules affect energy trade and gas projects with Russia. Several questions are raised here: the regulation of cross-border gas pipelines, the effect of unbundling rules, the third country clause implications, EC rules on third party access effects on gas agreements with Russia, the legacy and legality of the 2009 recent gas conflict. I guess a review of competition rules of vertical nature in gas supply contracts is also included, suc

What to Expect from the Re-Launch of the Single Market for the Internal Energy Market

Energy is a good subject to the rules of the internal market. Energy is also much more when it comes to the wideness of the sectors it impacts, the strongness of this economic activity, and the political dimension of it. My intention here is not to encompass all these dimensions, but to try to understand which changes may bring the "re-launch of the single market" in the energy sector, as it is proposed by president Barroso in his Political Guidelines for the next Commission . Defining the internal energy market is to that respect a narrower exercise than defining European energy policy. The "EU 2020" vision defended in the Guidelines is enshrined in the values of the internal market and contains two dimensions: " Internally , it is based on a staunch defence of the internal market, and the competition and state aid rules, which provide a level playing field guaranteeing access and opportunity for all, irrespective of size or might - namely consumers and SMEs.

On the Usefulness of Green Certificates

During the last two days, the economic section of the Norwegian newspaper Aftenposten has echoed existing divergences on the usefulness of a green certificates scheme, and ultimately the necessity to introduce it nationally and/or regionally with Sweden (see my previous post). On Monday, Economics professor M. Hoel criticised the scheme for being expensive and ineffective as regards renewable energy (" Grønne sertifikater er dyr og formåløs moro med fornybar energi .") He argues that if the purpose is to reduce greenhouse gases (GHG) emissions, better do it by buying emissions allowances on the European market. The Norwegian minister in charge of energy answered today the criticisms (see picture) in an article that was a release to read. The minister is very right when he recalls that green certificates do not aim to directly reduce greenhouse gas, but to support primarily renewable energy production. Beside any collaboration within Nordic or European countries, there are so

Towards a Common Green Certificates Scheme between Norway and Sweden

On 7 September 2009, the Norwegian and Swedish ministers in charge of energy concluded an agreement on the future establishment of a common green certificates scheme by 2012. This has been enabled by the adoption of Directive 2009/28/EC of 23 April 2009 on the promotion of the use of energy from renewable sources which repeals Directive 2001/77/EC (see Article 11 - Joint support schemes). Here is the article I wrote on the issue recently published in the Bulletins Electroniques : Politiques de soutien aux énergies renouvelables : Norvège et Suède adoptent le principe d'un marché commun de certificats verts pour 2012 http://www.bulletins-electroniques.com/actualites/60678.htm