TRENDS : LAW ESTABLISHING A NEW ORGANISATION FOR THE ELECTRICITY MARKET - INSTITUTIONAL ASPECTS - MARGIN SQUEEZE

NOME act I : A legislative framework for the opening of the French electricity market

The law establishing a New Organisation for the Electricty Market provides for a temporary regulation which aims at removing the obstacles to the development of competition on the French electricity market. Its purpose is in particular to solve the margin squeeze resulting from the difference between the prices of the base electricity sold on the wholesale market and the price applied to that same electricity in EDF’s regulated tariffs. The papers gathered in this section illustrate the debates on the Institutional aspects of the new regulated framework and the economic choices that underlie it. This being said, the law is only the first act of the market opening which exact features will be mainly decided in the implementing regulation.

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. NAME Act I: A legislative framework for the opening of the French electricity marketIntroduction Michaël COUSIN, Christophe LEMAIRE Attorney at Law; Attorney at Law and Senior Lecturer at the University of Paris I Panthéon Sorbonne 1. Two and a half years after the total opening of the French electricity supply market, it is clear that EDF's competitors are still struggling to develop [1]. More than the still recent nature of the opening, this is due to a series of economic and legal obstacles that only ex ante regulation could effectively correct. This is the objective of Law No. 2010-1488 of December 7, 2010 on the new organization of the electricity

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David Spector, François Lévêque, Christophe Lemaire, Michaël Cousin, Simon Genevaz, Philippe de Ladoucette, NOME act I : A legislative framework for the opening of the French electricity market, February 2011, Concurrences N° 1-2011, Art. N° 33976, pp. 12-29

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