Cross-border trade in electricity is rapidly expanding as a result of technical innovations, economic and geopolitical developments, and the ongoing decarbonisation of the electricity sector in response to climate change. The expansion of electricity networks and the integration of increasing shares of renewable energy (RE) electricity into the grid have made long-distance electricity flows both feasible and desirable. Drawing on the work of experts in trade and energy law and policy, and offering novel, multidisciplinary perspectives on the rapidly evolving landscape shaping international trade in electricity, this book examines the most important challenges - technical, economic, legal and policy-related - posed by long-distance and sustainable electricity trade. The book explores the regulatory implications of the policy instruments aimed at supporting RE electricity and considers how best to promote greater overall coherence in international electricity governance.
List of figures
List of tables
List of contributors
Preface
List of abbreviations
1. Introduction and overview Thomas Cottier and Ilaria Espa
Part I. Towards a Global Grid: Foundations and Challenges:
2. The state of play in cross-border electricity trade and the challenges towards a global electricity market environment Spyridon Chatzivasileiadis and Damien Ernst
3. Technological challenges and new frontiers in international electricity trade Anderes P. Houmøller
4. Economic and geopolitical detriments of trade in electricity David Robinson
5. Good governance for a global electricity grid - what are the ingredients? Steivan Defilla
Part II. Regional Experiences in Promoting (Green) Electricity Trade:
6. Towards a New Deal for the integration of renewable power generation in the internal energy market: a regulatory perspective on European climate and energy policy Jérome Le Page
7. The North American experience Fereidoon P. Sioshansi
8. Developing ASIAN green electricity in the context of the ASEAN Community 2025 Sufian Jusoh
9. The African experience Callixte Kambada
10. Latin American experiments in promoting green electricity Carolina M. Lembo and Belisa E. Eleoterio
Part III. Interconnectivity Issues:
11. Interconnections in electricity transportation: implications for international trade law Yulia Selivanova
12. Preferential connection and integration of electricity generators using renewable energy sources: critical assessment of the EU rules Karolis Gudas
13. The treatment of restrictions and financial charges on imports and exports of electricity under EU and WTO law Ilaria Espa
14. The integrations of electricity from renewable energy sources in the European Union electricity market: the case for 'smart grids' Joëlle De Sépibus
15. Markets for adequacy and flexibility: an interoperability perspective Christian Kunze
Part IV. Levelling the Playing Field: Regulatory Challenges:
16. ASCM disciplines and recent WTO case law developments: what space for 'green' subsidies? Luca Rubini
17. Dumping and subsidy issues in the renewable energy sector Edwin Vermulst and Madison Meng
18. Promoting green electricity through differentiated electricity tax schemes Kateryna Holzer, Ilaria Espa and Tetyana Payosova
19. Competition policy, monopolies and the role of the state in promoting green electricity Olga Nartova
20. Transfer of technology and a global clean energy grid Frederick M. Abbott
21. The role of the fair and equitable treatment standard: regulatory coherence for trade and investment in renwable energy Sofya Matteotti and Tetyana Payosova
Index.
