This book examines the issue of capacity withdrawals in the electricity wholesale market.
Electricity generators can exercise market power in the wholesale market either by withdrawing
generation capacity or by pricing above competitive levels in order to achieve a higher market
price and thereby increase revenues. After a comprehensive explanation of capacity withdrawal
practices and the issues that arise when proceeding under competition law the book analyses
whether an increased state of transparency as provided for in the REMIT and Regulation 543
2013 could facilitate the efficient functioning of electricity wholesale markets and the
investigation of capacity withdrawal practices. It also examines the effect of the prohibition
of market manipulation as prescribed in the REMIT in dealing with abusive capacity withdrawals
in the electricity wholesale market.
