opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound … pre-existing long-term contracts and formulated strict criteria for new long-term contracts. As a result, market … reflected in policy discussions. For example, most analysis of capacity mechanisms contrast the energy only spot market (day …

explained by different market constellations which are characterised by different sets of institutions. political and cultural … as well as implicit or explicit mechanisms of coordination between key macroeconomic policy areas in particular. A market … participation theory of economic policy based on market constellations may help to bridge the gap between nomocratic policy denial …