Dörte Fouquet of Becker Büttner Held presented the current arbitration cases under the Energy Charter Treaty at the Vienna Forum on European Energy Law 2016
2016 IndustRE Workshop - 1 business models and policy recommendationsLeonardo ENERGY
www.industre.eu
September 2016 Stakeholders Workshop.
Presentation of business models for industrial demand side management and policy recommendations for the electricity market design.
Anna Colucci, Head of Unit – Retails markets, coal & oil European Commission – DG ENERGY
Fingrid Current 5.4. 2017.
The event provided both European and regional keynote speeches on how to develop the electricity market. We also presented ideas on the electricity market roadmap for repairing the market.
Electrification in the energy transition: towards net-zero emissions by 2050Leonardo ENERGY
The European Green Deal envisions a carbon neutral Europe by 2050. Electrification is a powerful tool that can help catapult Europe’s energy transition forward. Accelerated changes are needed in the power, buildings and transport sectors, but they will fail to emerge without robust policies closely aligned with the decarbonisation goal.
In this webinar, Wouter Nijs of the Joint Research Centre of the European Commission and David Farnsworth of RAP delve into the role that electrification plays in different scenarios for meeting Europe’s climate goals.
Riku Huttunen Fingrid Current 5.4.2017 Fingrid Oyj
Finland’s Views on Electricity Market Development at National, Regional and European Level
Riku Huttunen, Director General, Ministry of Economic Affairs and Employment of Finland
Fingrid Current 5.4.2017
The event provided both European and regional keynote speeches on how to develop the electricity market. We also presented ideas on the electricity market roadmap for repairing the market.
Fingrid Current: Lotta Medelius-Bredhe, Director General, Svenska kraftnät Fingrid Oyj
Vision for the baltic sea electricity market fingrid
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In Fingrid Current, 10.3.2020.
Thomas Starlinger (formerly of Fiebinger Polak Leon) presents the opinions of the European Commission on the certification of TSOs at the Vienna Forum on European Energy Law, 2014
September 2019 edition of the DecarbEurope primer on electric vehicles, reviewing some of the major issues to address in the coming years:
* low-emission zones
* right-to-plug
* 150 kW network
Dörte Fouquet of Becker Büttner Held presented the current arbitration cases under the Energy Charter Treaty at the Vienna Forum on European Energy Law 2016
2016 IndustRE Workshop - 1 business models and policy recommendationsLeonardo ENERGY
www.industre.eu
September 2016 Stakeholders Workshop.
Presentation of business models for industrial demand side management and policy recommendations for the electricity market design.
Anna Colucci, Head of Unit – Retails markets, coal & oil European Commission – DG ENERGY
Fingrid Current 5.4. 2017.
The event provided both European and regional keynote speeches on how to develop the electricity market. We also presented ideas on the electricity market roadmap for repairing the market.
Electrification in the energy transition: towards net-zero emissions by 2050Leonardo ENERGY
The European Green Deal envisions a carbon neutral Europe by 2050. Electrification is a powerful tool that can help catapult Europe’s energy transition forward. Accelerated changes are needed in the power, buildings and transport sectors, but they will fail to emerge without robust policies closely aligned with the decarbonisation goal.
In this webinar, Wouter Nijs of the Joint Research Centre of the European Commission and David Farnsworth of RAP delve into the role that electrification plays in different scenarios for meeting Europe’s climate goals.
Riku Huttunen Fingrid Current 5.4.2017 Fingrid Oyj
Finland’s Views on Electricity Market Development at National, Regional and European Level
Riku Huttunen, Director General, Ministry of Economic Affairs and Employment of Finland
Fingrid Current 5.4.2017
The event provided both European and regional keynote speeches on how to develop the electricity market. We also presented ideas on the electricity market roadmap for repairing the market.
Fingrid Current: Lotta Medelius-Bredhe, Director General, Svenska kraftnät Fingrid Oyj
Vision for the baltic sea electricity market fingrid
Presentation by Lotta Medelius-Bredhe, Director General, Svenska kraftnät
In Fingrid Current, 10.3.2020.
Thomas Starlinger (formerly of Fiebinger Polak Leon) presents the opinions of the European Commission on the certification of TSOs at the Vienna Forum on European Energy Law, 2014
September 2019 edition of the DecarbEurope primer on electric vehicles, reviewing some of the major issues to address in the coming years:
* low-emission zones
* right-to-plug
* 150 kW network
Presentation given by Richard Williams, Head of Energy Policy at the Consumer Council NI, to the NICVA Centre for Economic Empowerment Masterclass on Energy Markets in Northern Ireland. This presentation covered the level and drivers of NI energy prices, how well the local markets function for consumers, the role of competition and the Utility Regulator in ensuring supply and price control.
This presentation by the Netherlands Consumers and Markets Authority was made during the “Radical innovation in the electricity sector” held at the 63rd meeting of the OECD Working Party No. 2 on Competition and Regulation on 19 June 2017. More papers and presentations on the topic can be found out at oe.cd/1ZW.
This presentation by New Zealand Electricity Authority was made during the “Radical innovation in the electricity sector” held at the 63rd meeting of the OECD Working Party No. 2 on Competition and Regulation on 19 June 2017. More papers and presentations on the topic can be found out at oe.cd/1ZW.
Presented by Paul Egerton, Department of Energy and Climate Change, United Kingdom, at the IEA DSM Programme workshop in Milan, Italy on 22 October 2008.
Japan's Ofgem Action Points from CambridgeYohei Kiguchi
This presentation is for a Japan's energy market liberalisation of 2016. This is prepared by a team at the University of Cambridge, a research company named Cambridge Energy Data Lab, ltd, and Ofgem, UK.
This presentation by Darryl Biggar, Special Economic Advisor at the Australian Competition and Consumer Commission (ACCC) and the Australian Energy Regulator (AER), was made during the discussion “Radical innovation in the electricity sector” held at the 63rd meeting of the OECD Working Party No. 2 on Competition and Regulation on 19 June 2017. More papers and presentations on the topic can be found out at oe.cd/1ZW.
Access the full Training Overview for the Florence School of Regulation's upcoming trainings on energy regulation, including residential training in Florence and Brussels, online courses, and a blend of both!
Jiri Horak of CEZ discussed the experiences of market liberalisation in Romania and Czech Republic and how the market should accordingly be opened in Bulgaria
Responsibilities of the office bearers while registering multi-state cooperat...Finlaw Consultancy Pvt Ltd
Introduction-
The process of register multi-state cooperative society in India is governed by the Multi-State Co-operative Societies Act, 2002. This process requires the office bearers to undertake several crucial responsibilities to ensure compliance with legal and regulatory frameworks. The key office bearers typically include the President, Secretary, and Treasurer, along with other elected members of the managing committee. Their responsibilities encompass administrative, legal, and financial duties essential for the successful registration and operation of the society.
ASHWINI KUMAR UPADHYAY v/s Union of India.pptxshweeta209
transfer of the P.I.L filed by lawyer Ashwini Kumar Upadhyay in Delhi High Court to Supreme Court.
on the issue of UNIFORM MARRIAGE AGE of men and women.
WINDING UP of COMPANY, Modes of DissolutionKHURRAMWALI
Winding up, also known as liquidation, refers to the legal and financial process of dissolving a company. It involves ceasing operations, selling assets, settling debts, and ultimately removing the company from the official business registry.
Here's a breakdown of the key aspects of winding up:
Reasons for Winding Up:
Insolvency: This is the most common reason, where the company cannot pay its debts. Creditors may initiate a compulsory winding up to recover their dues.
Voluntary Closure: The owners may decide to close the company due to reasons like reaching business goals, facing losses, or merging with another company.
Deadlock: If shareholders or directors cannot agree on how to run the company, a court may order a winding up.
Types of Winding Up:
Voluntary Winding Up: This is initiated by the company's shareholders through a resolution passed by a majority vote. There are two main types:
Members' Voluntary Winding Up: The company is solvent (has enough assets to pay off its debts) and shareholders will receive any remaining assets after debts are settled.
Creditors' Voluntary Winding Up: The company is insolvent and creditors will be prioritized in receiving payment from the sale of assets.
Compulsory Winding Up: This is initiated by a court order, typically at the request of creditors, government agencies, or even by the company itself if it's insolvent.
Process of Winding Up:
Appointment of Liquidator: A qualified professional is appointed to oversee the winding-up process. They are responsible for selling assets, paying off debts, and distributing any remaining funds.
Cease Trading: The company stops its regular business operations.
Notification of Creditors: Creditors are informed about the winding up and invited to submit their claims.
Sale of Assets: The company's assets are sold to generate cash to pay off creditors.
Payment of Debts: Creditors are paid according to a set order of priority, with secured creditors receiving payment before unsecured creditors.
Distribution to Shareholders: If there are any remaining funds after all debts are settled, they are distributed to shareholders according to their ownership stake.
Dissolution: Once all claims are settled and distributions made, the company is officially dissolved and removed from the business register.
Impact of Winding Up:
Employees: Employees will likely lose their jobs during the winding-up process.
Creditors: Creditors may not recover their debts in full, especially if the company is insolvent.
Shareholders: Shareholders may not receive any payout if the company's debts exceed its assets.
Winding up is a complex legal and financial process that can have significant consequences for all parties involved. It's important to seek professional legal and financial advice when considering winding up a company.
How to Obtain Permanent Residency in the NetherlandsBridgeWest.eu
You can rely on our assistance if you are ready to apply for permanent residency. Find out more at: https://immigration-netherlands.com/obtain-a-permanent-residence-permit-in-the-netherlands/.
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptxanvithaav
These slides helps the student of international law to understand what is the nature of international law? and how international law was originated and developed?.
The slides was well structured along with the highlighted points for better understanding .
Car Accident Injury Do I Have a Case....Knowyourright
Every year, thousands of Minnesotans are injured in car accidents. These injuries can be severe – even life-changing. Under Minnesota law, you can pursue compensation through a personal injury lawsuit.
In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
Introducing New Government Regulation on Toll Road.pdfAHRP Law Firm
For nearly two decades, Government Regulation Number 15 of 2005 on Toll Roads ("GR No. 15/2005") has served as the cornerstone of toll road legislation. However, with the emergence of various new developments and legal requirements, the Government has enacted Government Regulation Number 23 of 2024 on Toll Roads to replace GR No. 15/2005. This new regulation introduces several provisions impacting toll business entities and toll road users. Find out more out insights about this topic in our Legal Brief publication.
The British retail energy market: politicians and re-regulation?
1. The British retail energy
market: politicians and re-
regulation?
Professor Michael Harker
ESRC Centre for Competition Policy and UEA Law School
University of East Anglia
m.harker@uea.ac.uk
2. Privatisation, regulation and
liberalisation
• National gas market
incumbent
• 14 regional electricity
markets
• RPI-X price-caps for
electricity and gas
incumbents only
• Main entrants other
incumbents
• Gradual deregulation
from 2000 to 2002, all
caps removed April 2002
• Significant industry
consolidation – foreign
entry through acquisition
of incumbent firms,
vertical integration
3. Deregulation of retail energy: timeline
Market share of new entrants – gas
Market share of new entrants - electricity
Full national domestic
competition
New regulator OFGEM
Competition Act into
force
DD Price
controls
withdrawn
All price
controls
withdrawn
Source: graph from Ofgem (2007)
SSE-Atlantic
merger
Powergen
(E.ON) – TXU
merger
4. Trends in prices: retail
Index of real domestic energy prices (Q1 1987=100)
Source: quarterly fuel prices, DECC
Pricecontrolslifted
5. Market structure: the ‘Big 6’
Present Incumbent areas (entrant elsewhere)
E.On Eastern, East Midlands, North West
EDF London, Seeboard
SSE Scottish Hydro, Southern, SWEB
npower Midlands, Northern, Yorkshire
Scottish
Power
Manweb, Midlands, Northern
British
Gas
National Gas incumbent (electricity entrant)
8. ‘Sticky’ consumers
• Sticky consumer – remained with the incumbent,
switched to a dual-fuel deal offered by incumbent,
or switched back to incumbent
Ofcom (2008, 2011)
9. Savings foregone
• Significant savings could be made if consumers
switched tariffs (both payment and suppliers)
Switch from Dual fuel Electricity
only
Gas only
Direct debit £160-196 £27-86 £5-36
Standard
credit
£236-323 £59-117 £25-82
Prepayment £237-239 £66-109 £42-66
Average savings over 2010 per customer if moved to the
supplier with lowest direct debit tariff
10. Why are some consumers not
switching?
• Behavioural reasons – status quo bias (Ofcom,
2008)
• Consumers who do switch may choose a more
expensive tariff (Waddams and Wilson)
• Tariff complexity and ‘confusopoly’
• Substantial growth in tariffs: Ofgem c.900 tariffs
(August 2012); DECC estimates 650 ‘dead’ tariffs;
Which claims to have found people on 1,440 tariffs
(March 2013)
11. Who are the ‘sticky’ consumers
• [Graph from ….
Profile of customers who have never switched, weighted against the British population
Source: Ofcom / MORI (2008); Ofcom (2011)
13. The non-discrimination clause
(NDC)
• NDC introduced in 2008 to prevent firms from cross-
subsidising their offers as entrants (electricity
incumbents out-of-area, British Gas in electricity) from
their installed/static consumer base as incumbents
• Firms consistently charging an incumbent mark-up of
10% from the time price controls were lifted
• Primary justification was fairness – a concern that
vulnerable consumers were less likely to have switched
• Harm to competition in the form of a barrier to entry –
new entrants did not have an installed consumer base
to subsidise “teaser rates”
14. The consequences of the non-
discrimination clause
Demand side
• Falling consumer
engagement
• Less incentives to
search and switch
• Switching rates halved
between 2008 and
2013
Supply side
• Softening of
competition – firms
retreat to their
incumbent markets /
less aggressive in out-
of-area markets
(Waddams and Zhu,
2013)
• New entry increased
(higher margins)
15. The PM’s intervention
• Prime Minister’s Questions (17 October 2012):
• Chris Williamson (Derby North) (Lab): At the Prime Minister’s
energy summit last year, he promised faithfully that he would
take action to help people reduce their energy bills. Will he
tell the House and the country: how is it going?
• The Prime Minister: We have encouraged people to switch,
which is one of the best ways to get energy bills down. I can
announce, which I am sure the hon. Gentleman will welcome,
that we will be legislating so that energy companies have to
give the lowest tariff to their customers—something that
Labour did not do in 13 years, even though the Leader of the
Labour party could have done it because he had the job.
16. Ofgem’s ‘fairness agenda’
• A result of Ofgem’s review of the market 2008-
2011:
• Limit to four the number of tariffs offered by
supplier (per payment type) (Dec 13)
• Suppliers tell customers when there is a cheaper
live tariff (March 14)
• Consumers on ‘dead’ tariffs will be switched to a
cheaper variable deal (Oct 13 / June 2015)
17. Legislation: Ministerial back-stop
powers
• Energy Act 2013, s.139: enable the Minister to prescribe
types, and limit numbers, of tariffs; and specify certain types
of consumers to be moved from one tariff to anther
• Sun-set clause (Dec 18);
• Amendments made to the Bill (in Committee stage)
• “The provision will give the Secretary of State the power to
make it compulsory for suppliers to move those who could
save money on to the cheapest, live standard variable-rate
tariffs. This is the meat of what the Prime Minister was
pledging to do. Customers would have the ability to opt out
of the process, if they wish, while the remainder would save
money without having to lift a finger.”
18. Conclusions
• Lifting of price controls – regulation appeared to be
successful in the context of falling / stable prices
• Sharp price increases result in increased attention
from politicians
• Many of the ‘problems’ with the retail energy
market have resulted from consumer inertia
• Real distributional concerns because those who
have not switched (paying the highest prices) are
the least well-off
19. Competing policy goals
• For competition to work you need ‘winners and
losers’
• ‘Reward’ those who search and switch
• NDC has resulted in less switching and higher prices
for all consumers
• Enforced switching by suppliers will reduce
incentives to switch
20. ‘Thin end of the wedge’
• Labour party commitments on energy if it wins the
next election
• “Price freeze” – 20 months following from May
2015
• Restructuring the industry: “breaking-up the Big 6”
• “Ofgem has failed” – should be replaced with a
body with “real teeth”