Council of European Electricity Regulators: Principles of Regulatory Control and Financial Reward for Infrastructure
Article from: OGEL 4 (2003), in Electricity Law and Regulation
Summary
The CEER believes the over-arching principle stated below should be the primary starting point in relation to infrastructure development: 'The full liberalisation of the market is the dominant prerequisite for the efficient use of existing infrastructure and the development of new infrastructure. In these circumstances, a key focus should be on the ability of signals emerging from trade to highlight the need for new investment.' Bearing in mind this main principle, a number of key measures are necessary for the effective functioning of the liberalised market to be ...