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Due to a number of structural market shifts, a new context for European gas regulation has arisen. In this new context …, regulation must ensure adequate investments in a gas market that is dominated by producers, where political considerations are … with the old situation where a main emphasis for regulation was to sweat existing assets. This chapter's main question is …
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electricity and gas regulation. Since July 1, 2004 the electricity sector in the European Union has been regulated in accordance … regulations based on the concept of public service. Thus, according to the Directive, electricity regulation is carried out on the …; environmental protection. The similar Directive 2003/55/EC is devoted to the regulation of the gas market. Another Directive of the …
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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...
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