DELIVERABLE 2.3 | October 2023
Introduction of the report
Highlighting the crucial role of a multi-vendor, multi-terminal – MVMT – HVDC grid, this Whitepaper delves into the legal intricacies governing coordination, standards, and intellectual property (IP) protection. Addressing key aspects regulated by law, the document emphasizes the foundational importance of a stable legal framework for attracting investment in HVDC technology.
Legal Foundations for MVMT Grids
Governance of a MVMT Grid
Examining the regulatory landscape governing the governance structure of MVMT grids, this section identifies current legislative standings and explores recommendations to enhance interoperability.
Cooperation and Competition Law
Delving into the intricacies of cooperation between undertakings and competition law, this segment navigates the legal landscape to ensure fair practices and healthy competition within the MVMT framework.
IP Law and Standardization
Highlighting the intersection of intellectual property law and standardization, this sub-section addresses the complexities of licensing and patents within the MVMT context.
Risks and Liability
Exploring the division of risks and liability between different companies, this section assesses the impact on investment reluctance and proposes strategies to mitigate the concentration of risk.
Interconnected Legal Issues
Underlining the interdependence of various legal topics, this part emphasizes how industry standards, licensing, and liability are interconnected, shaping the overall legal framework for MVMT HVDC grids.
Implementation Challenges and Choices
Legislative Status Quo and Recommendations
Identifying the current legislative status quo for each topic, this section provides recommendations where applicable and flags remaining questions and legal barriers.
Decision-Making: Licensing Options
Examining instances where choices need to be made, such as bilateral licensing or licensing pools, the Whitepaper illuminates the consequences of these options within the MVMT context.
Acknowledging Complexity and Long-Term Nature
Complexity of Legal/Regulatory Development
Recognizing the complexity and long-term nature of developing a legal/regulatory framework for cooperation in MVMT systems, the Whitepaper positions itself as an input for policymakers and future research projects.
Comprehensive Focus on HVDC Development
While concentrating on legal and regulatory aspects, the Whitepaper acknowledges broader considerations. It refers to complementary Whitepapers from WG3 on technical interoperability, and WG4’s exploration of ‘Framing the Future European Energy System’ and ‘The Future of HVDC.’
Conclusion: Final Results and Future Outlook
Presenting the conclusive outcomes of READY4DC WG2, this section emphasizes that the Whitepaper builds upon a preliminary version from April 2023, incorporating stakeholder interactions and reviews. It underscores that this document is not a final result but serves as valuable input for policymakers and future research endeavors.