Skip to main content

2021 | OriginalPaper | Buchkapitel

10. International Restrictions on Trade in Energy

verfasst von : Machiel Mulder

Erschienen in: Regulation of Energy Markets

Verlag: Springer International Publishing

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

When international trade in energy is restricted, several negative welfare effects may occur. Removing trade barriers, therefore, can contribute to the functioning of energy markets. This chapter first discusses the negative effects of international trade barriers on productive efficiency (i.e. costs per unit of production), allocative efficiency (i.e. intensity of competition and international differences in prices) and security of supply (Sect. 10.3). Then, Sect. 10.4 discusses what kind of international trade barriers exist in energy markets and by what kind of regulatory measures these barriers may be reduced. Among others, attention is paid to both network extension and a higher utilization of existing infrastructure. Finally, this Chapter analyses the implications of an improved international integration of markets for the effectiveness of national energy policies (Sect. 10.5).

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Anhänge
Nur mit Berechtigung zugänglich
Fußnoten
1
Production in country A is based on the supply curve of 1/2* price which gives 22.5 units, and production in country B is based on the supply curve of 3/2* price which gives 67.5 units.
 
2
RSI of a firm is calculated as the aggregated capacity of all other players (i.e. 30) over total market demand (i.e. 26). See Sect. 9.​4.​2.
 
3
As both firms have the same generation portfolio, the market share of each firm in the non-integrated market is 50%, resulting in an HHI of 2 × 50%^2 = 5000. In an integrated market, the market share of each firm is 0.25, resulting in an HHI of 4 × 25% = 2500. See Sect. 9.4.2.
 
Literatur
Zurück zum Zitat ACER. (2013). Capacity remuneration mechanisms and the internal market for electricity, 30 July. ACER. (2013). Capacity remuneration mechanisms and the internal market for electricity, 30 July.
Zurück zum Zitat ACER-CEER. (2019). Annual report on the monitoring of the internal electricity and natural gas markets in 2018. Ljubliana/Brussels. ACER-CEER. (2019). Annual report on the monitoring of the internal electricity and natural gas markets in 2018. Ljubliana/Brussels.
Zurück zum Zitat Bartelet, H., & Mulder, M. (2020). Natural gas markets in the European Union: Testing resilience. Economics of Energy & Environmental Policy, 9(1). Bartelet, H., & Mulder, M. (2020). Natural gas markets in the European Union: Testing resilience. Economics of Energy & Environmental Policy, 9(1).
Zurück zum Zitat Cramton, P., Ockenfels, A., & Stoft, S. (2013). Capacity market fundamentals. Cramton, P., Ockenfels, A., & Stoft, S. (2013). Capacity market fundamentals.
Zurück zum Zitat Doucet, J., Kleit, A., & Fikirdanis, S. (2013). Valuing electricity transmission: The case of Alberta. Energy Economics, 36, 396–404.CrossRef Doucet, J., Kleit, A., & Fikirdanis, S. (2013). Valuing electricity transmission: The case of Alberta. Energy Economics, 36, 396–404.CrossRef
Zurück zum Zitat Dutton, J., & Lockwood, M. (2017). Ideas, institutions and interests in the politics of cross-border electricity interconnection: Greenlink, Britain and Ireland. Energy Policy, 105, 375–385.CrossRef Dutton, J., & Lockwood, M. (2017). Ideas, institutions and interests in the politics of cross-border electricity interconnection: Greenlink, Britain and Ireland. Energy Policy, 105, 375–385.CrossRef
Zurück zum Zitat EU (2018). Directive 2018/2001 of the European Parliament and the Council on the promotion of the use of energy from renewable sources, 11 December. EU (2018). Directive 2018/2001 of the European Parliament and the Council on the promotion of the use of energy from renewable sources, 11 December.
Zurück zum Zitat Gerbaulet, C., & Weber, A. (2018). When regulators do not agree: Are merchant interconnections an option? Insights from an analysis of options for network expansion in the Baltic Sea region. Energy Policy, 117, 228–246.CrossRef Gerbaulet, C., & Weber, A. (2018). When regulators do not agree: Are merchant interconnections an option? Insights from an analysis of options for network expansion in the Baltic Sea region. Energy Policy, 117, 228–246.CrossRef
Zurück zum Zitat Giesbertz, P., & Mulder, M. (2008). The economics of interconnection: The case of the Northwest European electricity market. IAEE Energy Forum, second quarter. Giesbertz, P., & Mulder, M. (2008). The economics of interconnection: The case of the Northwest European electricity market. IAEE Energy Forum, second quarter.
Zurück zum Zitat Keppler (2017). Rationales for capacity remuneration mechanisms: security of supply externalities and asymmetric investment incentives. Energy Policy, 105, 562–570. Keppler (2017). Rationales for capacity remuneration mechanisms: security of supply externalities and asymmetric investment incentives. Energy Policy, 105, 562–570.
Zurück zum Zitat Mulder, M. (2018). Merchant investments in interconnections in the European electricity market. CEER Policy Papers no. 4, September. Mulder, M. (2018). Merchant investments in interconnections in the European electricity market. CEER Policy Papers no. 4, September.
Zurück zum Zitat Mulder, M., & Scholtens, B. (2016). A plant-level analysis of the spill-over effects of the German Energiewende. Applied Energy, 183, 1259–1271. Mulder, M., & Scholtens, B. (2016). A plant-level analysis of the spill-over effects of the German Energiewende. Applied Energy, 183, 1259–1271.
Zurück zum Zitat Mulder, M., & Zeng, Y. (2018). Exploring interaction effects of climate policies: a model analysis of the power market. Resource and Energy Economics, 54, 165–185. Mulder, M., & Zeng, Y. (2018). Exploring interaction effects of climate policies: a model analysis of the power market. Resource and Energy Economics, 54, 165–185.
Zurück zum Zitat Rubino, A., & Cuomo, M. (2015). A regulatory assessment of the Electricity Transmission Investment in the EU. Energy Policy, 85, 464–474.CrossRef Rubino, A., & Cuomo, M. (2015). A regulatory assessment of the Electricity Transmission Investment in the EU. Energy Policy, 85, 464–474.CrossRef
Zurück zum Zitat Schavemaker, P., & van der Sluis, L. (2017). Electrical power system essentials (2nd ed.). New York: Wiley. Schavemaker, P., & van der Sluis, L. (2017). Electrical power system essentials (2nd ed.). New York: Wiley.
Zurück zum Zitat Sereno, L., & Efthimiadis, T. (2018). Capacity constraints, transmission investments and incentive schemes. Energy Policy, 119, 8–27.CrossRef Sereno, L., & Efthimiadis, T. (2018). Capacity constraints, transmission investments and incentive schemes. Energy Policy, 119, 8–27.CrossRef
Metadaten
Titel
International Restrictions on Trade in Energy
verfasst von
Machiel Mulder
Copyright-Jahr
2021
DOI
https://doi.org/10.1007/978-3-030-58319-4_10