Structure and functioning of the electricity market in Belgium in a European perspective

competition-regulation-and-business||0energy||57energy-economics||116regulatory-economics||116
Sector:Competition, Regulation and Business | Energy | Energy economics | Regulatory economics
Client:CREG
Published: October, 2004
Document type:Report 
Tagged: qualitative analysis quantitative analysis EC/EEA

London Economics was commissioned by the General Council of the “Commission fédérale de Régulation de l’Electricité et du Gaz” (CREG) to analyse whether, and to what extent, the current federal regulation makes the markets for production, trading and supply of electricity competitive or potentially competitive and, if not, what remedies could be implemented.

The report takes into account electricity market developments in major European countries, especially neighbouring countries, presents detailed findings regarding the structure and functioning of the three Belgian electricity markets of interest (generation, trading, and supply), analyses structural and regulatory impediments to competition in these markets, and proposes a range of remedies to address these impediments.