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- W2258053618 abstract "Electricity has long been taken for granted in much of the western world. It is such an essential part of our everyday lives that we accept its 24 hours-a-day availability almost without thinking, at least until the bill arrives. Yet recent changes in political and economic philosophy have led to greater scrutiny of the sector and its structure. However, in a field so historically sensitive, both politically and economically, for many years calls for reform and liberalization met with significant opposition. The negotiations on EC electricity liberalization have been difficult, hard-fought and, as a result, lengthy. The many compromises which have had to be made have led to a rather uncertain situation as regards the requirements of this new phase of liberalization. One of the consequences of this uncertainty is the reciprocity provision in the Directive for the internal market in electricity. This paper places the idea of reciprocity in electricity trade in the context of the EC-level liberalization negotiations, before analyzing the purpose of such reciprocity provisions, both in general and in the energy context. It then moves to a legal analysis of the framework for the operation of the reciprocity clause in the EC's first electricity Directive: this covers both the terms of the Directive themselves and their interaction with general principles of free movement and competition law under the EC Treaty. It is concluded that the provision itself leaves much to be desired as a matter of drafting and practical operation; further, Member State attempts to enforce national law reciprocity provisions will need to be scrutinized very carefully to ensure that they do not run contrary to the laws of the EC's internal market." @default.
- W2258053618 created "2016-06-24" @default.
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- W2258053618 date "2005-01-12" @default.
- W2258053618 modified "2023-09-25" @default.
- W2258053618 title "Maintaining the Balance of Power: Liberalization, Reciprocity and Electricity in the European Community" @default.
- W2258053618 hasPublicationYear "2005" @default.
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