Building Competitive Gas Markets in the EU

Building Competitive Gas Markets in the EU PDF Author: Jean-Michel Glachant
Publisher: Edward Elgar Publishing
ISBN: 1782540644
Category : Business & Economics
Languages : en
Pages : 293

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Book Description
This highly unique book focuses on market design issues common to most EU gas markets, particularly in the context of closer integration. It explores in detail the characteristics and requirements of national gas markets in Europe, which are constructed as virtual hubs based on entry/exit schemes as a requirement of European law. The expert contributors analyse gas supply and demand patterns in the EU, showing that both have changed following the introduction of liquefied natural gas on the supply side and the growth of gas-fired power plants on the demand side. The repeated interactions between the transmission operators activity and the gas commodity markets are addressed, as is the design of commercial networks in EU markets. The contributors also question whether the relationship between commercial and physical networks, in terms of the new flexibility requirements of users, actually works. By way of conclusion, two proposals for the EU gas target model are presented, both of which tackle the fundamental issues raised in this book, as well as the organization of short-term transactions and the mechanisms for investment in vital new long-life infrastructure needed to integrate EU markets. This volume will be of great interest to practitioners, as well as academics, researchers and students in the fields of energy economics and industrial economics. Both European and non-European energy companies and regulatory authorities looking for an independent and analytical overview of European gas markets will also find this book to be a highly valuable resource.

Building Competitive Gas Markets in the EU

Building Competitive Gas Markets in the EU PDF Author: Jean-Michel Glachant
Publisher: Edward Elgar Publishing
ISBN: 1782540644
Category : Business & Economics
Languages : en
Pages : 293

Get Book Here

Book Description
This highly unique book focuses on market design issues common to most EU gas markets, particularly in the context of closer integration. It explores in detail the characteristics and requirements of national gas markets in Europe, which are constructed as virtual hubs based on entry/exit schemes as a requirement of European law. The expert contributors analyse gas supply and demand patterns in the EU, showing that both have changed following the introduction of liquefied natural gas on the supply side and the growth of gas-fired power plants on the demand side. The repeated interactions between the transmission operators activity and the gas commodity markets are addressed, as is the design of commercial networks in EU markets. The contributors also question whether the relationship between commercial and physical networks, in terms of the new flexibility requirements of users, actually works. By way of conclusion, two proposals for the EU gas target model are presented, both of which tackle the fundamental issues raised in this book, as well as the organization of short-term transactions and the mechanisms for investment in vital new long-life infrastructure needed to integrate EU markets. This volume will be of great interest to practitioners, as well as academics, researchers and students in the fields of energy economics and industrial economics. Both European and non-European energy companies and regulatory authorities looking for an independent and analytical overview of European gas markets will also find this book to be a highly valuable resource.

The Natural Gas Market

The Natural Gas Market PDF Author: Paul W. MacAvoy
Publisher: Yale University Press
ISBN: 0300129327
Category : Business & Economics
Languages : en
Pages : 158

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Book Description
divOver the past six decades federal regulatory agencies have attempted different strategies to regulate the natural gas industry in the United States. All have been unsuccessful, resulting in nationwide gas shortages or massive gas surpluses and costing the nation scores of billions of dollars. In addition, partial deregulation has led the regulatory agency to become more involved in controlling individual transactions among gas producers, distributors, and consumers. In this important book, Paul MacAvoy demonstrates that no affected group has gained from these experiments in public control and that all participants would gain from complete deregulation. Although losses have declined with partial deregulation in recent years, current regulatory practices still limit the growth of supply through the transmission system. MacAvoy’s history of the regulation of natural gas is a cautionary tale for other natural resource or network industries that are regulated or are about to be regulated. /DIV

China’s Gas Development Strategies

China’s Gas Development Strategies PDF Author: Shell International B.V.
Publisher: Springer
ISBN: 3319597345
Category : Science
Languages : en
Pages : 515

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Book Description
This book is open access under a CC BY 4.0 license. This book examines how China can increase the share of natural gas in its energy system. China’s energy strategy has global ramifications and impact, and central to this strategy is the country’s transition from coal to gas. The book presents the culmination of a two-year collaboration between the Development Research Center of the State Council (DRC) and Shell. With the Chinese government’s strategic aim to increase the share of gas in the energy mix from 5.8% in 2014 to 10% and 15% in 2020 and 2030 respectively, the book outlines how China can achieve its gas targets. Providing both quantifiable metrics and policy measures for the transition, it is a much needed addition to the literature on Chinese energy policy. The research and the resulting recommendations of this study have fed directly into the Chinese government’s 13th Five-Year Plan, and provide unique insights into the Chinese government and policy-making. Due to its global impact, the book is a valuable resource for policy makers in both China and the rest of the world.

The Routledge Companion to Network Industries

The Routledge Companion to Network Industries PDF Author: Matthias Finger
Publisher: Routledge
ISBN: 1317668073
Category : Business & Economics
Languages : en
Pages : 391

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Book Description
In recent decades, network industries around the world have gone through periods of de- and re-regulation. With vast amounts of sometimes conflicting research carried out into specific network industries, the time has come for a critical over-arching assessment of this entire industry in order to provide a platform of understanding to aid future research and practice. This comprehensive resource provides an orientation for academics, policy makers and managers as to the main economic, regulatory and commercial challenges in the network industries. The book is split into sections covering market, policy, regulation, management perspectives, whilst all of the key network industries are covered, including energy, transport, water and telecommunications. Overseen by world-class Editors and experts in the field, this inter-disciplinary resource is essential reading for students and researchers in international business, industrial economics and the industries.

Energy Security and Natural Gas Markets in Europe

Energy Security and Natural Gas Markets in Europe PDF Author: Tim Boersma
Publisher: Routledge
ISBN: 1317636643
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
Moving beyond most conventional thinking about energy security in Europe which revolves around stability of supplies and the reliability of suppliers, this book presents the history of European policy-making regarding energy resources, including recent controversies about shale gas and fracking. Using the United States as a benchmark, the author tests the hypothesis that EU energy security is at risk primarily because of a lack of market integration and cooperation between member states. This lack of integration still prohibits natural gas to flow freely throughout the continent, which makes parts of Europe vulnerable in case of supply disruptions. The book demonstrates that the EU gas market has been developing at different speeds, leaving the Northwest of the continent reasonably well integrated, with sufficient trade and liquidity and different supplies, whereas other parts are less developed. In these parts of Europe there is a structural lack of investments in infrastructure, interconnectors, reverse flow options and storage facilities. Thus, even though substantial progress has been made in parts of the EU, single source dependency often prevails, leaving the relevant member states vulnerable to market power abuse. Detailed comparisons are made of the situations in the Netherlands and Poland, and of energy policy in the USA. The book dismantles some of the existing assumptions about the concept of energy security, and touches upon the level of rhetoric that features in most energy security and policy debates in Europe.

The Evolution of Electricity Markets in Europe

The Evolution of Electricity Markets in Europe PDF Author: Leonardo Meeus
Publisher: Edward Elgar Publishing
ISBN: 1789905478
Category : Business & Economics
Languages : en
Pages : 193

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Book Description
Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches.

Research Handbook on EU Energy Law and Policy

Research Handbook on EU Energy Law and Policy PDF Author: Rafael Leal-Arcas
Publisher: Edward Elgar Publishing
ISBN: 103532802X
Category : Law
Languages : en
Pages : 707

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Book Description
This thoroughly revised second edition presents a comprehensive overview of the most important contemporary research in EU energy law and policy. The Research Handbook brings together a diverse array of experts, highlighting the multifaceted nature of this continually developing field.

Sustainable Development in Energy Systems

Sustainable Development in Energy Systems PDF Author: Brian Azzopardi
Publisher: Springer
ISBN: 3319548085
Category : Business & Economics
Languages : en
Pages : 237

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Book Description
Presenting the latest research on the sustainable development of energy systems, this book provides a broad and holistic perspective on various aspects of renewable energy sources and grid integration. It highlights the integration of renewable and alternative systems into existing infrastructures, and explores the synchronization of environmental and development needs with other social challenges. The research presented is supported by original illustrations and tables, and provide the basis for future research on the topic. Offering an invaluable resource to those working in sustainable development, this book is also intended for students and researchers of engineering, economics and social sciences, as well as government entities and librarians.

Transnational Gas Markets and Euro-Russian Energy Relations

Transnational Gas Markets and Euro-Russian Energy Relations PDF Author: Andrei V. Belyi
Publisher: Springer
ISBN: 1137482982
Category : Political Science
Languages : en
Pages : 288

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Book Description
This books analyses how transnational gas markets have evolved and impacted on EU-Russia energy relations. It examines how the political conflict surrounding Ukraine has accelerated a negative interdependence in the region, with energy interdependence increasingly used as an instrument of diplomacy.

Market Building through Antitrust

Market Building through Antitrust PDF Author: Adrien de Hauteclocque
Publisher: Edward Elgar Publishing
ISBN: 085793774X
Category : Technology & Engineering
Languages : en
Pages : 225

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Book Description
By mixing legal, political and economic perspectives, this book will appeal to a wide range of readers from academia in law, economics and political science, regulatory and competition authorities, as well as legal and consulting practices and business