Natural Gas Price Controls starts with an estimation of the benefits of price liberalisation vs. regulation, based on the evolution of European markets. However, the focus of the book is on existing price controls that still prevail worldwide at least in end user markets. An overview of theoretical issues and their relevance for the implementation of gas price regulation is provided, including infrastructure cost assessment, scarcity premiums, rates of return, and the role of price discrimination towards social and environmental policy objectives.
The latter part of the book includes the description and analysis of historical and recent case studies, highlighting successful approaches as well as failures and the distortions they triggered. Featured countries are Algeria, Egypt, France, Indonesia, Israel, Italy, the Netherlands, New Zealand, Nigeria and USA. A final Chapter compares the main cases and draws lessons for regulators, policy makers and industry.
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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