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Some European regulators have decided to force competition in their nationalmarkets. They have decided to go beyond the second directive and apply asymmetric regulation. Gas release programs and market shares constraints are the two asymmetric decisions imposed to incumbents. When a regulator...
Persistent link: https://www.econbiz.de/10008790726
Some European regulators have decided to force competition in their nationalmarkets. They have decided to go beyond the second directive and apply asymmetric regulation. Gas release programs and market shares constraints are the two asymmetric decisions imposed to incumbents. When a regulator...
Persistent link: https://www.econbiz.de/10008792707
Gas release programmes, or capacities release, and market shares constraints are the two asymmetric regulations imposed on incumbents in energy markets. In this paper, we focus on gas release, its impact on welfare or consumer surplus and on the optimal level of released quantities set by...
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Two main conditions must simultaneously be met for the European gas market to become a competitive market: 1) the absence of collusion among the various actors; 2) the setting of a fair and efficient tariff system for the gas pipelines. In order to evaluate the possibility of collusion among...
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