The financial organisations engaged in the electricity and natural gas markets were forced to change, due to the deregulation process. The presence of new players in the markets and changes in demand obliged the existing companies to react. This reaction was not limited to an aggressive...

Die EU-Osterweiterung am 1. Mai 2004 hat den europäischen Binnenmarkt wieder ein Stück vergrößert. Besonders im Elektrizitätsmarkt gab es Stimmen, die das Damokles-Schwert des billigen Atomstroms aus Osteuropa über der früheren EU-15 schweben sahen. Dies hat sich als unbegründet...

Die EU-Osterweiterung am 1. Mai 2004 hat den europäischen Binnenmarkt wieder ein Stück vergrößert. Besonders im Elektrizitätsmarkt gab es Stimmen, die das Damokles-Schwert des billigen Atomstroms aus Osteuropa über der früheren EU-15 schweben sahen. Dies hat sich als unbegründet...

Independent regulatory authorities are a basic prerequisite for a successful liberalization process. However, contrary to what is expected, both graphical analyses and OLS regressions for a small sample of electricity and gas regulators operating in 16 European countries reveal a negative...

The degree of liberalization in OECD electricity markets varies considerably across countries. Commonly explained by diverging economic performances, corruption levels or government ideologies, this paper suggest another potential reason for cross-national differences in market reforms: given...

Independent regulatory authorities are a basic prerequisite for a successful liberalization process. However, contrary to what is expected, both graphical analyses and OLS regressions for a small sample of electricity and gas regulators operating in 16 European countries reveal a negative...

Despite the positive effect electricity grids separated from generation and supply by ownership are expected to have on the level of competition in the non-network activities, several EU member states still adhere to a solely legally unbundled transmission grid. This choice might be induced by...