This paper aims to compare how two countries are facing the challenges of energy security of supply. Mexico, a member of NAFTA and a neighbour of the United States, has oil resources and is thinking how to answer to the increasing energy demand. France, one of the 27 member states of the...

Worldwide, for the last two decades, energy network industries have undergone major changes in terms of organization and competitiveness. After restructuring reforms in the transportation, telecom and natural gas sectors, deregulatory initiatives have been taken in the electric power industry to...

Ce rapport est consacré à l'analyse économique des marchés français et européen de l'électricité et du gaz naturel. Dans la première partie du rapport, les auteurs présentent le contexte énergétique mondial avec la place prise par les problèmes environnementaux dans l'utilisation de...

The debate over a common European energy policy, its necessity and its establishment has been going on for a number of decades. The discussions have been recently brought back into the spotlight by the evolution of energy market fundamentals and the taking into account of environmental...

This paper analyzes the role of private storage in a market for a commodity (e.g. natural gas) whose supply is subject to the threat of an irreversible disruption. We focus on the medium term in which seasonality of demand and exhaustibility can be neglected. We characterize the price and...

This paper surveys the existing theoretical and empirical research on long term contracts inspired by the American experience. We analyze the role of take-or-pay clauses and price indexation rules, questioning whether regulation distorts optimal contract duration. The models we summarize allows...

The EU ETS has been criticised for threatening the competitiveness of European industry and generating carbon leakage, i.e., increasing foreign greenhouse gas emissions. Two main options have been put forward to tackle these concerns : border adjustments and output-based allocation, i.e.,...

This paper investigates the relationship between electricity demand and temperature in the European Union. We address this issue by means of a panel threshold regression model on 15 European countries over the last two decades. Our results confirm the non-linearity of the link between...