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Like other network industries, the European gas supply industry has been liberalised, along the lines of what has been done in the United Kingdom and the United States, by opening up to competition the upstream and downstream segments of essential transmission infrastructure. The aim of this...
Persistent link: https://www.econbiz.de/10011506643
The issue of security of gas supplies is frequently discussed on the basis of intuitive and non-systematic arguments. Greater import dependence is normally equated with greater insecurity, and strategic stocks are the risk management tool most commonly considered. This paper strives to offer a...
Persistent link: https://www.econbiz.de/10011324989
The gas price shock has been a major contributor to inflation in Germany. In this context, Dullien and Weber (2022a, b, c) proposed a two-tier pricing scheme for natural gas in the spring of 2022 that lowers the price for a base quota through a subsidy while maintaining high market prices on the...
Persistent link: https://www.econbiz.de/10014334675
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Die Gasversorgung sieht sich mit zwei widerstreitenden Zielen konfrontiert: auf der einen Seite die Liberalisierung und wettbewerbskonforme Ausgestaltung bislang monopolistisch organisierter Märkte, die zu deutlich sinkenden Bereitstellungskosten und Energiepreisen führen soll; auf der anderen...
Persistent link: https://www.econbiz.de/10011315166
In the article, I focus on the goal of creating a single competitive European natural gas market. After a brief discourse on the debate between theoretical and practical economists on the best mode to liberalise the energy sector, I lay out the vision of the European Union for gas market...
Persistent link: https://www.econbiz.de/10010322156
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The European Union has introduced directives that aim to liberalize and integrate electricity and gas markets in Western Europe. While progress has been made, particularly in electricity markets, there have been setbacks: for example, because of concerns about national interests and security of...
Persistent link: https://www.econbiz.de/10010287736
ambitioniertesten Reformprozeß unterworfen wurde. Deregulierung und Privatisierung sind die wesentlichen Bausteine, von denen dauerhaft … higher productivity and increasing macroeconomic growth rates, important deregulation and privatization measures were …
Persistent link: https://www.econbiz.de/10010291678
The article refers to the interplay between deregulation resp. liberalization of the telecommunications sector and the … of TC-firms played an essential part in realizing the process of deregulation – besides technological developments and …Der Beitrag behandelt das Wechselspiel zwischen der Deregulierung bzw. Liberalisierung des Telekommunikationssektors …
Persistent link: https://www.econbiz.de/10010295590