The present report aims at understanding the challenges and opportunities of the Ukrainian natural gas market. It considers its natural resources, infrastructure, industry organisation, market regulation, international relationships, and consumption patterns. The report broadly describes the current situation and key market data. However, its focus is on mid-term evolution, with a view to understanding how the market could look around 2020, when the current transition should be relatively advanced. The market is assessed against European Union benchmarks, in particular the Gas Target Model (ACER, 2015), which envisages the characteristics of a functioning gas market pursuant to the EU regulatory framework, and defines metrics for assessment of individual (national or cross-border) markets. The assessment is not limited to the metrics, but also illustrates and discusses other key features that the current European debates highlight as key factors of a functioning market, and which can lead to the establishment of a liquid and competitive hub for gas trading.
We examine the optimal behavior of carbon-emitting companies operating under the European Union Emission Trading System (EU ETS), under which firms are obliged to purchase emission permits on the secondary [...]
The Brief explores pathways to promote a sustainable agricultural trade regime for the EU. We identify three challenges and propose three potential paths forward. We discuss potential implications of the [...]
The rewable energy resources within EU27 are highly dominated by wind and solar energy delivering electricity as output. As electrification is the most efficient way to deliver the energy services [...]
Manufacturing firms in the EU face the double challenge of decarbonisation and (international) competitive pressure. Based on the key findings of the 2024 EIB investment survey and considering the economic [...]
Regulation 1370/2007, as amended by the Fourth Railway Package, set the date of 25 December 2023 for the opening to competition of services subject to public service obligations. As opposed [...]
This policy brief contends that a new approach to Long Term Contracts (LTCs) in European competition policy based on new facts, new realities and a revised reasoning must be urgently [...]
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