Energy Market Reform

International Energy Agency

1990-0961 (online)
1990-097X (print)
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Presents a series of books on energy market reform, taking into account efficiency and cost-effectiveness as well as environmental and social concerns. Some cover reform in particular sectors (natural gas or electricity) and others address the subject more generally.
Regulatory Reform

Regulatory Reform

European Gas You do not have access to this content

International Energy Agency

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10 Nov 2000
9789264188372 (PDF) ;9789264185586(print)

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The countries of Continental Europe have started the process of reforming their natural gas markets. This book sets the context for, and considers the issues raised by, these reforms. It also analyses the key elements of effective reform, such as third party access to the gas infrastructure. Unlike earlier reformers, Europe faces important challenges of growing import dependency and reliance on a few large producer countries, against a background of strong demand growth. It is vital that both short and long term security of supply are sustained in the new market conditions. At the same time a key objective of reform is to improve economic efficiency through competition and short term trade, in order to reduce prices for natural gas consumers. The book argues that security and competition are not incompatible, and that security can be enhanced by competition provided that reform is handled with care. As Europe implements the EU Gas Directive, this book is a timely review for energy policy makers and others involved in the reform process. It is the latest in a series of IEA publications on energy market reforms.

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Table of Contents

1. Introduction and Executive Summary
2. Setting the Scene

-Present Institutional System in European Gas - The Case for Reform
-Natural Gas Demand and Supply in Europe - Situation and Outlook
3. Opening Up the European Gas Markets
-Experiences with Gas Market Liberalisation
-Issues with Gas Market Opening and Security of Supply in Europe
4. Regulatory Reform
-Gas-to-Gas Competition
-Regulated or Negotiated Third Party Access
-Regulatory Responsibility
-Tariff Setting for Gas Transportation
-Information Access
-Balancing Services and Storage
-Liquefied Natural Gas Facilities
-Issues to be Watched
Annex 1. Summary of EU Gas Directive
Annex 2. Comparison of Natural Gas Transmission and Distribution and Electricity Supply

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