Natural gas plays an important role in the future development of electricity markets as it is the least emission intensive fossil generation option while additionally providing the needed flexibility in plant operation to deal with intermittent renewable generation. As both the electricity and...

Introduction / Pami Aalto and Kirsten Westphal -- The EU-Russia energy dialogue and the future of European integration : from economic to politico-normative narratives / Pami Aalto -- Energy dialogue and the future of Russia : politics and economics in the struggle for Europe / Viatcheslav...

We study the impact of the liberalization of EU natural gas markets on the balance of power between `local champions', customers, and outside producers. We distinguish between two steps of the reform: 1. opening access to transit pipes and 2. opening access to distribution systems, hence...