This book presents an economic analysis of the main effects of liberalizing the electricity and natural gas markets across Western Europe. It is based on a state-of-the art detailed numerical simulation model that takes account of the interlinkages between different energy markets. Short-run and...

Introduction: 1 Financial Aspects in Energy: The European Perspective -- Markets: 2 The Development of Energy Markets in Europe -- 3 Renewables in the Energy Market -- 4 The CO2 -Trading Market in Europe -- Prices: 5 Market Efficiency in a Changing Energy Environment -- 6 The Price Forming...

Chapter 1. Why Gas? -- Chapter 2. Why Latin Europe? -- Part 1: Dawn and Consolidation of Latin Europe’s Industrialisation: the Evolution of Gas in the 19th Century -- Chapter 3. The Internationalization of the English Gas Industry in Latin Europe in the 19th Century -- Chapter 4. First Steps...

Prices of natural gas, coal, and electricity have risen to the highest level of the last ten years in the last quarter of 2021. It’s possible to express that energy prices in 2021 were much higher, compared to the crisis of 2020’s Covid-19 breakout’s historical descent in the first few...

Competition in network industries faces particular problems which are analyzed from both a theoretical and policy perspective. Issues of vertical integration, deregulation and privatization are covered. While competition and privatization are rapidly unfolding in telecommunications in Western...