This paper analyses the benefits of further market integration of European wholesale electricity markets. Major gains from trade are sill left unrealized due to (1) uncomplete market coupling of national wholesale markets, (2) isolated national regulation of capacity and reserve mechanisms (CRM)...

The low gas filling levels in underground gas storages (UGSs) in the European Union (EU), and the subsequent price volatility and geopolitical tensions between Russia and the EU triggered the adoption of counterbalancing policy strategies in the EU. A specific measure was the mandatory refilling...

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...

Energy security is of increasing importance in today's world, yet little research has been carried out on the costs or benefits of energy security policies. This paper looks at the period after the 1970s to estimate the cost premium of electricity generation due to energy security policies. The...