Capacity Mechanisms in the EU Energy Markets Law, Policy, and Economics

Leigh Hancher, Professor of Energy Law and Policy at the Florence School of Regulation, Florence, and Professor of European Law at Tilburg University, the Netherlands, ,Adrien de Hauteclocque, Head of Cabinet of the President of the General Court of the EU and Principal Adviser, Florence School of Regulation, ,Kaisa Huhta, Senior Researcher and an Academy of Finland Postdoctoral Fellow at the UEF Law School and at the Centre for Climate Change, Energy, and Environmental Law, ,Malgorzata Sadowska, Policy Officer, EU Agency for the Cooperation of Energy Regulators (ACER),

Leigh Hancher holds several chairs at European universities. She began her academic career as a lecturer in law Warwick University in 1984, obtained her PhD at the University of Leiden in 1986, and was appointed Professor of Economic Law at the Erasmus University Rotterdam in 1990. She has worked in private practice since 1990 and is currently Special Counsel to Baker Botts PLC. She has published widely on both EU state aid law and EU energy law over the last 4 decades.

Adrien de Hauteclocque is the Head of Cabinet of the President of the General Court of the European Union and a Principal Adviser of the Florence School of Regulation (European University Institute). His research interests include EU competition and state aid law, competition policy in network industries, and the law & economics of energy regulation. Before moving to the EU institutions, he pursued his academic career at the University of Manchester and at the European University Institute where he co-founded the “EU Energy Law & Policy” Area of the Florence School of Regulation. He is a regular speaker at international conferences and also holds regular teaching commitments for the Legal Task Force of the Council of European Energy Regulators (Belgium), École Nationale d'Administration (France), and at HEC Paris (France). He obtained his PhD in Law from the University of Manchester and holds a MSc in Management from EM Lyon (France) and a MSc in Economic Policy from Strathclyde
University.

Kaisa Huhta is a Senior Researcher and an Academy of Finland Postdoctoral Fellow at the UEF Law School and at the Centre for Climate Change, Energy and Environmental Law. Her research focuses on EU energy law. She has published more than 50 peer-reviewed journal articles, books, book chapters, expert statements and other publications and her work has appeared in top level international journals such as the European Law Review and the International and Comparative Law Quarterly. Dr. Huhta actively carries out consultancy work in the field of EU and Finnish energy law.

Ma/lgorzata Sadowska is a Policy Officer at ACER's Electricity Department, working on resource adequacy and security of supply. Before joining ACER, she worked at the Irish energy regulator, and prior to that she was a research fellow at the European University Institute, Florence School of Regulation, and Tilburg Law and Economics Center, Tilburg University, in the area of energy regulation and competition policy. Ma/lgorzata holds a PhD in Law and Economics (EDLE, 2013) and a Masters degrees in Law (University of Gda'nsk, 2006) and European Studies (University of Hamburg, 2008).

Part I: Policy
1. EU Policy on Capacity Mechanisms, Clemens Ziegler
2. The Regulators' View: ACER's Report on Capacity Mechanisms and the EU Internal Electricity Market, Alberto Pototschnig and Martin Godfried
3. Capacity Remuneration Mechanisms in the EU: Today, Tomorrow, and a Look Further Ahead, Tim Schittekatte and Leonardo Meeus
Part II: Economics
4. The EU Approach to Resource Adequacy, Francois Beaude
5. Energy Market Design with Capacity Mechanisms, Christoph Riechmann, Jens Perner, Sam Street, and Vikram Balachandar
6. Different Approaches for Capacity Mechanisms in Europe: Rationale and Potential for Coordination?, Fabien Roques and Charles Verhaeghe
7. Resource Adequacy in Decarbonizing Power Systems: Lessons Learned from Both Sides of the Atlantic, Carlos Batlle, Paolo Mastropietro, Pablo Rodilla, and Ignacio J. Pérez-Arriaga
8. The Generation Mix, Price Caps, and Capacity Payments, Bert Willems
Part III: Law
9. Capacity Mechanisms and State Aid Control: A European Solution to the 'Missing Money' Problem?, Leigh Hancher
10. The Antitrust Perspective to Capacity Mechanisms, Adrien de Hauteclocque and Ma/lgorzata Sadowska
11. Free Movement of Goods in the Labyrinth of Energy Policy and Capacity Mechanisms, Peter Oliver and Kaisa Huhta
Part IV: Case Studies
12. Austria, Thomas Starlinger, Elisabeth Wielinger, and Harald Kröpfl
13. Belgium, Wouter Vandorpe
14. France, Guillaume Dezobry
15. Germany, Kai Uwe Pritzsche and Katharina Reinhardt
16. Greece, Antonis Metaxas
17. Ireland, Seamus Byrne
18. Italy, Francesco Maria Salerno
19. The Netherlands, Marinus Winters and Tiemen Govers
20. Norway, Cathrine Ramstad Wenger, Frode Støle, and Jens Naas-Bibow
21. Poland, Ma/lgorzata Sadowska
22. Spain, Iñigo del Guayo
23. United Kingdom, Peter Willis