Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce … resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions …. In our model the fraction of rights issued in the long-term auction turns out to be a crucial design parameter. Even a …

Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce … resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions …. In our model the fraction of rights issued in the long-term auction turns out to be a crucial design parameter. Even a …

Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce … resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions …. In our model the fraction of rights issued in the long-term auction turns out to be a crucial design parameter. Even a …

Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce … resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions …. In our model the fraction of rights issued in the long-term auction turns out to be a crucial design parameter. Even a …

When access to monopoly owned networks is constrained auctioning access rights can increase the efficiency of …, access rights to entry capacity on the British gas network were granted by the monopoly network owner via negotiation; rights … operator. In 1999 an auction mechanism for allocating rights was introduced. Comparing the different allocation methods we …

Scarce storage capacity and distortions in access to gas storage are considered causes of market foreclosure in … liberalized gas markets. We consider rules currently adopted in Europe for storage rationing and propose efficient rationing … downstream market for gas supplies, given the avaialbility of storage capacity upstream. We consider effciency issues in a two …

of using auctions to replace regulation by market solutions for managing the natural monopolies in energy markets. …Auctions are playing an increasingly prominent role in the planning and operation of energy markets. Comparing the New … of uniform versus discriminatory pricing rules, and use of the gas network in Britain and electricity interconnectors …

floor, however, a Demsetz auction is worse than no regulation at all of the bottleneck monopoly. Our results apply beyond … countries. For this reason some countries have awarded these facilities via Demsetz auctions, to the port operator that bids the … lowest cargo-handling fee. A major concern with Demsetz auctions in this context, is that the winning operator may integrate …