"Two opposing narratives frame the strategic future of Europe, one geopolitical and one economic, and both center on … differences in economic ideology. Even as post-Soviet Russia pushes west, and Europe pushes east in a contest of business models … network of pipelines linking Europe and Russia, natural gas serves as a bridge that unites the region through common economic …

Due to a number of structural market shifts, a new context for European gas regulation has arisen. In this new context …, regulation must ensure adequate investments in a gas market that is dominated by producers, where political considerations are … with the old situation where a main emphasis for regulation was to sweat existing assets. This chapter's main question is …

The countries of Continental Europe have started the process of reforming their natural gas markets. This book sets the … third party access to the gas infrastructure. Unlike earlier reformers, Europe faces important challenges of growing import … provided that reform is handled with care. As Europe implements the EU Gas Directive, this book is a timely review for energy …

this market. These changes create a new context for gas regulation. Given the vital role of investments in securing any of … studies on two recent amendments to gas regulation – the possibility for certain investments to be exempted from the …. Recommendations are provided in order to better align current regulation with the insights provided by Transaction Cost Economics …