2.1.1.1 Implementing the Directives: Teleological and Regulatory Aspects
2.1.1.2 Problems Related to Subsidiarity

2.1.2 How Will Gas Liberalisation Foster Competition? Jochen Hierl, EDF

2.1.2.1 TPA
2.1.2.2 Determination of Gas Prices

2.1.3 The EU Internal Market for Energy: The Latest Initiatives and Their Purpose, Christopher Jones, Head of Unit, Implementation of The Internal Energy Market, DG TREN, European Commission

2.1.3.1 Eligibility and due Review of the Directives
2.1.3.2 Subsidiarity Principle
2.1.3.3 Suggestions Regarding the Florence and Madrid Process
2.1.3.4 TPA
2.1.3.5 Unbundling
2.1.3.6 Objectives of Energy Liberalisation: Have competitive Prices and due performance of PSO been realised?
2.1.3.7 Application of the Reciprocity Provisions to Electricity imported from third countries which do not honour EC environmental standards?
2.1.3.8 Objectives of the Florence and Madrid Process

2.1.4 The Commission's New Pressure Points: The Florence and Madrid Process, Inigo Del Guayo, University of Almeria, Spain

2.1.4.1 Legal Nature of the Florence and Madrid Process
2.1.4.2 Issues Related to The Subsidiarity Principle
2.1.4.3 TPA to Storage
2.1.4.4 Structural and Conduct Regulation
2.1.4.5 Negotiated TPA: Mandatory Publication of Key Commercial Terms desirable
2.1.4.6 National Pricing Systems and Cross-Border Tariffs
2.1.4.7 Unbundling
2.1.4.8 Transposition of Florence Process Results to the Madrid Process

2.2 Session II - Competition Policy, Mergers and Acquisitions

2.2.1 The Role of Competition Policy, Lambros Papadias, DG Competition, European Commission

2.2.1.1 Early Notifications and the Evolution of Market Definitions
2.2.1.2 Duration of exclusive sales agreements
2.2.1.3 Essential Facilities Doctrine and Interconnector Cases

2.2.2 The German Market and the Federal Cartel Office's Approach, Joachim Schütze, Clifford Chance Pünder

2.2.2.1 Former Market Structure
2.2.2.2 VEBA/VIAG and RWE/VEW mergers
2.2.2.3 2nd Agreement of Electricity Associations and Recent Mergers
2.2.2.4 Agreement of Gas Associations
2.2.2.5 Cross-Border Trade

2.2.3 Lessons from Recent Global Mergers and Acquisitions, Jim Wheaton, Partner, Clifford Chance Pünder

2.2.3.1 UK Electricity Reform
2.2.3.2 Merger Activities in the U.K.
2.2.3.3 Relevant Market Definitions
2.2.4 The Need for Effective Competition Policy, Leif Halvorsen, EU Co-ordinator, Vattenfall AB
2.2.5 Reception by Scotland Europa

3.1.1 How To Provide Regulatory Certainty when Markets Converge, Charles Bankes, General Counsel, OFGEM, UK

3.1.1.1 Regulatory Powers
3.1.1.1 Convergence of electricity and gas industries
3.1.1.2 Merger of All Regulators v Abolition of Regulators
3.1.1.3 Criteria for Price Control Regimes
3.1.1.4 Supra-National Regulator?

3.1.2 Distortions to Competition in Electricity and Gas Markets, Christian Levasseur, DG Competition, European Commission

3.1.2.1 Pre-Requisites of Perfect Competition According to the Neo-Classical Theory of Perfect Competition
3.1.2.2 Wholesale Electricity and Gas Supply Contracts between Producers and Transmission Companies/Distributors
3.1.2.3 Electricity and Gas Supply Contracts between Transmission Companies/Distributors and Final Consumers

3.1.3 Distortions to Competition from an Operator's View, Adrian Ham, Director, British Energy

3.1.3.1 Objectives of Privatisation and Liberalisation
3.1.3.2 Drawbacks of Liberalisation

3.1.4 Recent Case Law of The European Courts, Leo Flynn, Court of First Instance

3.1.4.1 Basic Freedoms
3.1.4.2 Competition Law Cases
3.1.4.3 State Aids

3.2 Session IV - Converging Markets and The Environment

3.2.1 Green Certificates, Peter Niermeijer, Energiened

3.2.2.1 Current State
3.2.2.2.Emissions Trading v State Aids
3.2.2.3 Suitable Traders
3.2.2.4 Member States Opposing Emissions Trading

3.2.3 Making The Environment a Commercial Issue, Mike Wriglesworth, BP Amoco

CEGB   Central Electricity Generation Board
CEPMLP   Centre for Energy, Petroleum and Mineral Law and Policy
CEPS   Centre for European Policy Studies
ECT  Treaty Establishing the European Economic Community, as lastly Amended by The Treaty of Amsterdam
EDF   Electricité de France
EU   European Union
GATT   General Agreements on Tariffs and Trade
IEMD   Internal Electricity Market Directive
IGMD   Internal Gas Market Directive
PSO   Public Service Obligation
REC   Regional Electricity Company
TPA   Third Party Access
U.K.   United Kingdom