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Part I The Technical and Regulatory Foundations of Electricity Trade and the Emergence of International Electricity Markets |
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3 | (6) |
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1.1 The Current State of Research |
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5 | (1) |
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1.2 The Structure of This Book |
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6 | (3) |
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6 | (3) |
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2 Technical and Regulatory Foundations of Electricity Trade |
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9 | (32) |
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2.1 Technical Aspects of Electricity Systems |
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10 | (1) |
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2.1.1 The Physical Properties of Electricity |
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10 | (2) |
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2.1.2 Grid Dependency and Capacity Constraints |
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12 | (2) |
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2.1.3 Storage of Electricity |
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14 | (1) |
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2.1.4 The Evolution of Electricity Systems |
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15 | (3) |
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2.1.5 Contemporary Electricity Systems |
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18 | (2) |
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2.1.6 The Electricity System of the Future |
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20 | (3) |
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2.1.7 Interim Conclusions on the Technical Aspects of Electricity Systems |
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23 | (1) |
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2.2 Regulatory and Commercial Aspects of the Electricity Sector |
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24 | (1) |
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2.2.1 Development of Electricity Sector Regulation |
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25 | (2) |
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2.2.2 The Natural Monopoly Character of Transmission and Distribution |
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27 | (2) |
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2.2.3 Electricity Supply As a Public Service |
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29 | (2) |
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2.2.4 Regulation of Access to the Electricity Network |
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31 | (2) |
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2.2.5 Wholesale Markets for Electricity |
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33 | (2) |
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2.2.6 Power Purchase Agreements (PPAs) |
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35 | (1) |
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2.2.7 Interim Conclusions on Regulatory and Commercial Aspects |
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35 | (6) |
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37 | (4) |
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3 The Advent of International Electricity Trade |
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41 | (140) |
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3.1 The Benefits of International Electricity Trade |
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41 | (1) |
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3.1.1 Scale Benefits and Security of Supply |
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42 | (1) |
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3.1.2 Optimization of Generation Costs |
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43 | (1) |
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3.1.3 Benefits of Cross-Border Trade for the Integration of Renewable Energies |
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44 | (1) |
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3.2 The Emergence of Regional Electricity Markets |
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45 | (1) |
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3.2.1 The EU Internal Electricity Market |
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46 | (7) |
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3.2.2 Electricity Trade Among the US, Canada and Mexico |
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53 | (7) |
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3.2.3 The Southern African Power Pool |
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60 | (5) |
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3.2.4 The West African Power Pool |
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65 | (5) |
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3.2.5 The Central American Power Market |
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70 | (3) |
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3.2.6 Interim Conclusions on Regional Electricity Markets |
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73 | (1) |
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3.2.7 Steps Towards a Global Interconnection of Electricity Networks |
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74 | (107) |
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76 | (5) |
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4 Final Conclusions to Part |
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81 | (4) |
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Part II World Trade Law and the Regulation of Electricity Trade |
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5 WTO Law and the Regulation of Electricity Trade |
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85 | (2) |
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5.1 The Status of the Energy Sector in the WTO Legal Order |
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87 | (1) |
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5.1.1 The Absence of Energy-Specific Provisions in the WTO Agreements |
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88 | (2) |
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5.1.2 The Energy Sector in WTO Dispute Settlement |
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90 | (2) |
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5.2 Locating Electricity Within the Framework for Goods and Services |
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92 | (2) |
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5.2.1 General Considerations: `Goods' and `Services' in the WTO Legal Framework |
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94 | (2) |
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5.2.2 The Physical Characteristics of Electricity |
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96 | (1) |
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5.2.3 Commercial Aspects of Electricity |
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97 | (1) |
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5.2.4 The Status of Electricity in Domestic Legal Systems |
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98 | (4) |
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5.2.5 International Treaties and PTAs |
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102 | (2) |
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5.2.6 Treatment of Electricity in the Canada - Renewable Energy Dispute |
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104 | (3) |
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5.2.7 Treatment of Electricity in International Classification Instruments for Customs Purposes |
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107 | (1) |
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5.2.8 Electricity in Services Classification Instruments |
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108 | (5) |
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5.2.9 Conclusions on the Classification of Electricity and Consequences for the Application of the GATT and the GATS |
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113 | (1) |
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5.3 Electricity As a Subject of WTO Accessions |
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114 | (3) |
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5.4 Lessons from the Treatment of Electricity in WTO Dispute Settlement |
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117 | (6) |
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120 | (3) |
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6 The Energy Charter Treaty and the Regulation of Electricity Trade |
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123 | (6) |
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6.1 The Relationship Between the ECT and the WTO Agreements |
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125 | (4) |
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128 | (1) |
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7 Electricity in Other Preferential Trade Agreements |
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129 | (4) |
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132 | (1) |
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8 Final Conclusions to Part II |
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133 | (6) |
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Part III Barriers to Electricity Trade and the Role of World Trade Law |
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9 A Typology of International Trade Issues in the Electricity Sector |
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139 | (4) |
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141 | (2) |
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10 Market Structure As an Impediment to International Trade in Electricity: Vertical Integration, Monopolies and State Ownership |
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143 | (26) |
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10.1 Applying the Legal Disciplines: State-Owned Enterprises and Beyond |
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147 | (1) |
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147 | (5) |
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152 | (4) |
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10.1.3 Article XVI:2 (a) GATS |
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156 | (2) |
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10.1.4 Additional Disciplines in the ECT and PTAs |
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158 | (3) |
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10.2 Conclusions on Market Structure As an Impediment to International Electricity Trade |
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161 | (2) |
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10.3 Interlude: The Role of Private Actors in the Electricity Sector and the Application of WTO Law |
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163 | (6) |
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165 | (4) |
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11 Quantitative Import and Export Restrictions |
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169 | (28) |
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11.1 Electricity Import Restrictions |
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171 | (1) |
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11.1.1 Reasons for Restricting Electricity Imports |
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171 | (5) |
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11.2 Means of Restricting Cross-Border Electricity Flows |
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176 | (2) |
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11.3 Restrictions on Exports of Electricity |
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178 | (1) |
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11.4 Applying the Legal Discipline: Article XI GATT |
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179 | (1) |
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11.4.1 The Relationship Between Articles XI and III GATT |
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180 | (1) |
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181 | (6) |
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11.4.3 Exceptions: Article XI:2 and Article XX GATT |
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187 | (5) |
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11.4.4 Notification and Administration of Quantitative Restrictions |
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192 | (1) |
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11.5 Additional Disciplines in the ECT and FT As |
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192 | (1) |
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11.6 Conclusions on Import and Export Restrictions |
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193 | (4) |
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195 | (2) |
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12 Transit of Electricity |
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197 | (24) |
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12.1 Special Features of Electricity Transit |
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198 | (2) |
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12.2 Applying the Legal Discipline: Article V GATT |
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200 | (3) |
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12.2.1 Article V:2: `Freedom of Transit (...) Via the Routes Most Convenient' |
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203 | (1) |
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12.2.2 Capacity Establishment |
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204 | (2) |
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206 | (1) |
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12.2.4 The Second Sentence of Article V:2: `No Distinction' |
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207 | (1) |
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12.2.5 Article V:3 and V:4 GATT |
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208 | (2) |
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12.2.6 Article V:5 and V:6 GATT: The Transit MFN Principles |
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210 | (1) |
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12.3 Transit Through Privately-Owned Electricity Infrastructure |
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211 | (1) |
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12.4 Transit Discipl ines in the ECT and PTAs |
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211 | (6) |
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12.5 Conclusions on Transit |
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217 | (4) |
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218 | (3) |
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13 Final Conclusions to Part III |
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221 | (4) |
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Part IV Towards a Coherent Regulatory Framework for International Electricity Trade |
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14 The Road Ahead for Multilateral Electricity Trade Regulation |
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225 | (28) |
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14.1 An Integrated Approach for the Energy Sector or Electricity-Specific Rules? |
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227 | (2) |
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14.2 Building Blocks of a Multilateral Regulatory Regime for Electricity Trade |
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229 | (1) |
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14.2.1 Classification of Goods and Services Along the Electricity Value Chain |
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229 | (5) |
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14.2.2 Principles on Electricity Transit |
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234 | (3) |
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14.2.3 Basic Principles on Good Regulatory Practice |
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237 | (5) |
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14.3 Finding the Right Forum: Where Should Electricity-Specific Trade Rules Be Defined? |
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242 | (1) |
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14.3.1 A Reformed Energy Charter Treaty |
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242 | (2) |
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14.3.2 Accommodating Rules on International Electricity Trade in the WTO Framework |
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244 | (4) |
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14.4 Final Conclusions to Part IV |
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248 | (5) |
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250 | (3) |
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253 | (18) |
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257 | (14) |
References |
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