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Building competitive gas markets in the EU : regulation, supply and demand / Jean-Michel Glachant, holder of the Loyola de Palacio Chair on EU Energy Policy and director, Florence School of Regulation, European University Institute, Italy ; Michelle Hallack, Jean Monnet fellow of the Loyola de Palacio Chair, European University Institute, Italy and tenured professor at Federal Fluminense University, Brazil ; Miguel Vazquez, Jean Monnet fellow of the Loyola de Palacio Chair, European University Institute, Italy. With contributions from Sophia Ruester and Sergio Ascari

By: Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: The Loyola de Palacio series on European energy policy | Edward Elgar E-Book ArchivePublisher: Cheltenham, U.K ; Northampton, MA, USA : Edward Elgar, 2013Description: 1 Online-Ressource (x, 282 pages) : diagrams, mapsISBN:
  • 9781782540649
Subject(s): Additional physical formats: 9781782540632. | Erscheint auch als: Building competitive gas markets in the EU. Druck-Ausgabe Cheltenham [u.a.] : Elgar, 2013. X, 282 S.DDC classification:
  • 338.476657094 23
RVK: RVK: PS 3600LOC classification:
  • HD9581.E852
DOI: DOI: 10.4337/9781782540649Online resources: Summary: 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.PPN: PPN: 1023433680Package identifier: Produktsigel: ZDB-1-EWE
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