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CONFÉRENCE SUR ENERGY, THE MARKET AND THE LAW: A EUROPEAN DIALOGUE BETWEEN ECONOMISTS AND LAWYERS

MARDI 12 JANVIER 2016
14h00-18h30
Université Paris-Dauphine
Salle Raymond Aron
2ème étage


This conference will be held in French.

ATTENDANCE IS FREE BUT PRIOR REGISTRATON IS REQUIRED:
Registration


ABSTRACT
Energy, both a private and a public good…
Energy and electricity are private goods but touch directly and indirectly on far too many socially and politically sensitive issues to leave their production and consumption entirely to market forces. An increasingly complex web of legal provisions both at the European as well as on the national level are thus trying to steer the sector in a direction that is conform with public policy objectives. European energy markets are thus caught in a trilemma between supranational, national and market forces whose ultimate outcome is increasingly difficult to understand, and even less to prejudge, even for the informed observer.

Even if the completion of the internal energy market announced for 2014 is still not a reality in 2015, the Juncker Commission made the Energy Union one of the priorities of its term. The creation of the Energy Union should contribute towards a secure, sustainable and competitive single energy market. In this context, Article 194 TFEU, adopted in the Lisbon Treaty could become the focal point of energy policy. However, energy touches on some strong national sovereignty issues, the principle of subsidiarity and the priority of action of Member States in matter of their energy mix. Questions about the right level of intervention in electricity markets are thus complex, render the market designs more unstable and may ultimately discourage investors.

…evolves in a force field defined by the market, Member States and the EU Commission
At the same time, DG Competition asserts its prerogatives in the energy field, not only to decide on issues of market power, but also to strengthen its investigative powers in matters of state aid following the adoption of the guidelines on state aid in the fields of environment and energy. Its goal is to monitor the compliance of public policy instruments adopted by the Member States and their implementation to encourage develop specific equipment or contributing to energy security and adequacy of electric capacity, whatever the possible impact of this control on the effectiveness. In fact we observe that the articulation of the article194 with competition policy, on the one hand, and with the control of State aids and the rules of free movement, on the other, remains unclear. Decisions on a case by case basis are observed, which does not create a sufficiently clear jurisprudence when the law is faced with complex economic facts.

In order to clarify some of the complex issues arising from this tension, the Chaire European Electricity Markets (CEEM) and the IREDIES are organising a dialogue between lawyers and economists on economics and law in the energy sector to clarify the issues surrounding the search for the delicate balance between market forces, the European Commission and EU Member States.


PROGRAMME

13h30 Reception of participants

14h00-14h10 Welcome address: The market, the member state and the Commission – the EU energy trilemma, Jan Horst Keppler, Scientific Director, Chaire European Electricity Markets (CEEM), Université Paris-Dauphine

14h10-14h30 Introductory allocution: The difficult exercise of the EU’s jurisdictional powers on energy issues, Philippe Maddalon, Professor of Public Law, Université Paris I and Director of l’IREDIES (Centre de droit international et européen)


14h30-15h25 Session 1 State aid: Balancing competition and long term public goods
Chaired by Sven Rösner, Deputy Managing Director of the Franco-German Office for Renewable Energies (OFAEnR)

François Lévêque (Professor of economics, Mines-ParisTech, PSL Research University), An economist’s perspective on recent state aid cases in renewables and nuclear under state aid guidelines
Présentation

Jean-Yves Ollier (Director General of the French Regulatory Commission on Energy), How to reconcile national and EU law in the daily practice of a national regulator?


15h25-16h20 Session 2 Long term contracts: How to reconcile EU antitrust jurisprudence and long term investment needs?
Chaired by Jan Horst Keppler, Scientific Director, CEEM, Université Paris-Dauphine
Présentation

Christine Le Bihan-Graf (Lawyer at De Pardieu Brocas Maffei, former Director General of the French Regulatory Commission on Energy), Long term contracts and competition rules in the European Union
Présentation

Frédéric Marty (Senior Economist, GREDEG, Université de Nice Sophia-Antipolis), From ‘essential facilities’ to social efficiency: the legal doctrines behind the criteria for public goods at the EU-level
Présentation


16h20-16h50 Coffee-break


16h50-17h45 Session 3 Capacity mechanisms: Their compatibility with regard to state aid rules and the principle of free movement
Chaired by Adrien de Hauteclocque, Court of Justice of the European Union, Luxembourg
Présentation

Fabien Roques (Senior Vice President at Compass Lexecon and Associate Professor, Université Paris-Dauphine), The viability of the EU approach to cross-border participation in capacity mechanisms?
Présentation

Guillaume Dezobry (Associate Professor, Université d’Amiens and Lawyer at Paris bar), A legal analysis of the EU debate on capacity mechanisms and cross-border participation
Présentation


17h45-18h30 Roundtable Article 194 and Member States’ sovereignty in choosing their energy mix
Chaired by Claude Blumann (Professor Emeritus of Law, Université Panthéon-Assas-Paris II),

Dominique Finon (Scientific Counsellor- CEEM, and CIRED-CNRS), Patrice Geoffron (Director- CGEMP, Université Paris-Dauphine, and CEEM), Adrien de Hauteclocque, Philippe Maddalon and Jean-Yves Ollier.


18h30 Cocktail


Pour toute information, contacter la Coordinatrice de la Chaire European Electricity Markets Fatoumata Diallo:
fatoumata.diallo@fondation-dauphine.fr
Université Paris-Dauphine
Place du Maréchal de Lattre de Tassigny-75116 Paris Cedex
Tél. +33 (0)1 44 05 45 54

Partenaires

Contact

Chaire European Electricity Markets
Fondation Paris-Dauphine
Place du Maréchal de Lattre de Tassigny
75775 Paris Cedex 16

Steve Serafino, Coordinateur de la CEEM :
steve.serafino@dauphine.psl.eu
+33(1)44.05.45.54

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