ARTICLE : ENERGY - REGULATION - COMPETITION RULES - SECTORIAL REGULATOR - NATIONAL & EUROPEAN COMPETITION AUTHORITIES

Economic regulation in the energy sector*

Energy, which is essential for the development of the economy and the protection of the environment, has become a market product subject to competition rules, the application of which has been delegated to the sectorial regulator, to the national and European competition authorities, and to the judiciary. However, free competition, in this sector, is moderated both by the specifics of energy markets and the necessities of public service as well as the acknowledgment that the consumer is entitled to benefit from this essential asset, which justify the role played by public authorities.

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. First of all, I would like to thank the organisers of these Meetings for their invitation to come and talk about energy regulation. This is a subject that is very close to our hearts. Everyone in Nice will remember the blackouts that occurred in the PACA region in November 2008 and again in January 2009, as a result of the fragility of the electricity transmission network in the south-east, particularly during peak [1]periods. We also remember the technical breakdown that occurred on 4 November 2006 in the western part of the European network, depriving 15 million European households of electricity for almost an hour [2]. The Russian-Ukrainian gas crisis

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Jacqueline Riffault-Silk, Economic regulation in the energy sector*, May 2010, Concurrences N° 2-2010, Art. N° 31374, www.concurrences.com

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