Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce … resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions …. In our model the fraction of rights issued in the long-term auction turns out to be a crucial design parameter. Even a …

Scarce storage capacity and distortions in access to gas storage are considered causes of market foreclosure in … liberalized gas markets. We consider rules currently adopted in Europe for storage rationing and propose efficient rationing … downstream market for gas supplies, given the avaialbility of storage capacity upstream. We consider effciency issues in a two …

floor, however, a Demsetz auction is worse than no regulation at all of the bottleneck monopoly. Our results apply beyond … countries. For this reason some countries have awarded these facilities via Demsetz auctions, to the port operator that bids the … lowest cargo-handling fee. A major concern with Demsetz auctions in this context, is that the winning operator may integrate …

floor, however, a Demsetz auction is worse than no regulation at all of the bottleneck monopoly. Our results apply beyond … countries. For this reason some countries have awarded these facilities via Demsetz auctions, to the port operator that bids the … lowest cargo-handling fee. A major concern with Demsetz auctions in this context, is that the winning operator may integrate …

, a next-generation access network. Investment decisions are made under uncertainty and have to be made over time. This … papers provides a framework for taking uncertainty, risk aversion, and the timing of investment explicitly into account …

We study the impact of the liberalization of EU natural gas markets on the balance of power between `local champions …

natural gas markets and presents the changes due to liberalisation. -- regulation and liberalisation in energy supply …The liberalisation of the Hungarian electricity and natural gas markets has been completed in 2009. The liberalisation …