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The Role Of Competition Regulation In The Eu Biofuels Market

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  • Paul Calanter

Abstract

This paper examines how the European Commission is acting to ensure compliance with competition law in the biofuels market. Throughout the paper, the legislation in force will be presented, and also the investigation opened by the Commission regarding the compliance of three European companies that produce and sell ethanol with the benchmarks published by a pricing agency. For the purpose of regulating the biofuels market, the European Commission proposed aregulation to strengthen the governance, integrity and reliability of the reference levels used with infinancial instruments and contracts. At the same time, the European Union attaches great importance to maintaining a competitive environment in the renewable energy sector with the help of the Commission, which oversees both the producers and traders of bioethanol in respect of possible agreements on pricing or market sharing.

Suggested Citation

  • Paul Calanter, 2016. "The Role Of Competition Regulation In The Eu Biofuels Market," Impact of Socio-economic and Technological Transformations at National, European and International Level (ISETT), Institute for World Economy, Romanian Academy, vol. 13.
    • Handle: RePEc:iem:imptrs:v:13:y:2016:id:2822000009632015
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    File URL: http://www.iem.ro/rem/index.php/itset/article/view/500/577
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    More about this item

    Keywords

    competition; biofuel; energy; environmental protection;
    All these keywords.

    JEL classification:

    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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