The target for the completion of the internal electricity market was 2014. The NWE
region leads the way in market integration.
The gradual emergence of an internal electricity market has changed the legal
and commercial landscape for wholesale electricity market participants. The most
important wholesale market participants are electricity producers.
This book has four principal aims. The first is to describe the characteristic
objectives of electricity producers in electricity wholesale markets. The second is to
find out what legal tools and practices electricity producers can use to reach their
characteristic objectives in the NWE region. Third, the book describes the regulation
of the internal electricity market at EU level from the perspective of wholesale
electricity producers. Fourth, this book contributes to theory-building in commercial
law. Commercial law research—and legal science in general—can give an
alternative view of markets if it focuses on the study of actual market behaviour
through the lense of market participants’ legal tools and legal practices.