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opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound … pre-existing long-term contracts and formulated strict criteria for new long-term contracts. As a result, market … reflected in policy discussions. For example, most analysis of capacity mechanisms contrast the energy only spot market (day …
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We apply the EMF 23 study design to simulate the effects of the reference case and the scenarios to European natural gas supplies to 2025. We use GASMOD, a strategic several-layer model of European gas supply, consisting of upstream natural gas producers, traders in each consuming European...
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