Abstract

Both European and German laws have been seeking to liberalise energy markets, in particular by facilitating access to energy networks. One important aspect of recent legislation is the so-called unbundling of network system operations from energy supply, which will affect corporate and financial structures, management principles, personal affairs and other aspects. This article gives an overview of the stipulations of the unbundling regime and the way the German legislator has implemented the standards set by the European Union. Furthermore, it discusses some specific problems that occur in the process of applying unbundling rules to German company structures.

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