Politics, Markets and EU Gas Supply Security

Politics, Markets and EU Gas Supply Security

Author: Sandu-Daniel Kopp

Publisher:

Published: 2015

Total Pages:

ISBN-13: 9783658083250

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Sandu-Daniel Kopp investigates whether carbon reduction targets are compatible with market-driven competition in gas (and power) industries, and whether security of supply is compatible with competitive markets. He examines the policy trade-offs which need to be made between the three different elements, and whether these policy judgements should be economically or politically based. The analysis shows the need for a complex set of politically determined options to protect (competitive) markets from price risks and emergency events and demonstrates that this has thus far failed the policy test. Overall, the author argues that the three major elements of EU energy policy are incompatible in important respects and thereby challenges much of the conventional wisdom of EU and Member State policies of the past decade. Contents Macro-Trends in the Global and European Gas Markets EU Energy Legislation and Gas Supply Security The UK and the German Gas Markets Liberalisation and Gas Supply Security: Theory and Market Reality Target Groups Academics and students of political science, economics, and law with a focus on energy Executives and consultants from the energy sector, policy-makers, and public authorities The Author Sandu-Daniel Kopp has conducted research on energy politics and economics at the Berlin Centre for Caspian Region Studies , the European Centre for Energy and Resource Security at the King's College London , and the Oxford Institute for Energy Studies .


EU Energy Security in the Gas Sector

EU Energy Security in the Gas Sector

Author: Filippos Proedrou

Publisher: Ashgate Publishing, Ltd.

Published: 2012

Total Pages: 192

ISBN-13: 140943804X

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This book fills an important gap in the literature on energy security in the gas sector in the European Union, shedding light on the state of EU energy security in the gas sector, its interdependence with external suppliers and the current gas strategy. The book concludes with policy recommendations, particularly in the light of tougher environmental regulation.


Building Competitive Gas Markets in the EU

Building Competitive Gas Markets in the EU

Author: Jean-Michel Glachant

Publisher: Edward Elgar Publishing

Published: 2013-01-01

Total Pages: 293

ISBN-13: 1782540644

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This highly unique book focuses on market design issues common to most EU gas markets, particularly in the context of closer integration. It explores in detail the characteristics and requirements of national gas markets in Europe, which are constructed as virtual hubs based on entry/exit schemes as a requirement of European law. The expert contributors analyse gas supply and demand patterns in the EU, showing that both have changed following the introduction of liquefied natural gas on the supply side and the growth of gas-fired power plants on the demand side. The repeated interactions between the transmission operators activity and the gas commodity markets are addressed, as is the design of commercial networks in EU markets. The contributors also question whether the relationship between commercial and physical networks, in terms of the new flexibility requirements of users, actually works. By way of conclusion, two proposals for the EU gas target model are presented, both of which tackle the fundamental issues raised in this book, as well as the organization of short-term transactions and the mechanisms for investment in vital new long-life infrastructure needed to integrate EU markets. This volume will be of great interest to practitioners, as well as academics, researchers and students in the fields of energy economics and industrial economics. Both European and non-European energy companies and regulatory authorities looking for an independent and analytical overview of European gas markets will also find this book to be a highly valuable resource.


Energy Security and Natural Gas Markets in Europe

Energy Security and Natural Gas Markets in Europe

Author: Tim Boersma

Publisher: Routledge

Published: 2015-08-27

Total Pages: 172

ISBN-13: 1317636635

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Moving beyond most conventional thinking about energy security in Europe which revolves around stability of supplies and the reliability of suppliers, this book presents the history of European policy-making regarding energy resources, including recent controversies about shale gas and fracking. Using the United States as a benchmark, the author tests the hypothesis that EU energy security is at risk primarily because of a lack of market integration and cooperation between member states. This lack of integration still prohibits natural gas to flow freely throughout the continent, which makes parts of Europe vulnerable in case of supply disruptions. The book demonstrates that the EU gas market has been developing at different speeds, leaving the Northwest of the continent reasonably well integrated, with sufficient trade and liquidity and different supplies, whereas other parts are less developed. In these parts of Europe there is a structural lack of investments in infrastructure, interconnectors, reverse flow options and storage facilities. Thus, even though substantial progress has been made in parts of the EU, single source dependency often prevails, leaving the relevant member states vulnerable to market power abuse. Detailed comparisons are made of the situations in the Netherlands and Poland, and of energy policy in the USA. The book dismantles some of the existing assumptions about the concept of energy security, and touches upon the level of rhetoric that features in most energy security and policy debates in Europe.


Geo-Politics of the Euro-Asia Energy Nexus

Geo-Politics of the Euro-Asia Energy Nexus

Author: A. Tekin

Publisher: Springer

Published: 2010-11-09

Total Pages: 239

ISBN-13: 0230294944

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A freshly provocative look at the nexus linking EU security, trans-Turkey energy supply routes to Europe and Turkey's EU membership negotiations, this book argues that Europe's collective energy security prospects have become increasingly tied to Turkey's progress towards joining the EU.


The New Politics of Energy Security in the European Union and Beyond

The New Politics of Energy Security in the European Union and Beyond

Author: Andrea Prontera

Publisher: Routledge

Published: 2017-05-18

Total Pages: 231

ISBN-13: 1317022688

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Combining theoretical reflections and empirical insights from paradigmatic case studies in the area of external energy governance, pipeline politics, Liquefied Natural Gas development and offshore petroleum policy and politics, this ground-breaking study demonstrates that a distinctive and new politics of energy security is definitively emerging in the European Union. Innovative not only in regard to the case studies presented (which include the Caspian region, the Baltic, Mediterrean countries, Central Asia and EU-Russia relations), but also in regard to the analytical framework adopted – an International Political Economy approach informed by an historical institutional perspective – the book challenges the common view of the ‘de-politicisation’ of energy security supported by the mainstream market approach and the power politics and ‘zero-sum game’ view supported by the geopolitical perspective. This book places the study of EU energy politics in the broader, evolving context of global energy markets and explores the complex interactions between EU and national political dynamics and between energy security and environmental concerns at the local level.


Law and Policy of the European Gas Market

Law and Policy of the European Gas Market

Author: Monica Waloszyk

Publisher: Edward Elgar Publishing

Published: 2014-07-31

Total Pages: 385

ISBN-13: 1783473479

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øLaw and Policy of the European Gas Market explores the law and politics of the EU gas market and in particular, the regulatory and competitive choices of institutions and bodies operating on the market, with a view to achieving a higher level of marke


Long-term Energy Security Risks for Europe

Long-term Energy Security Risks for Europe

Author: Arianna Checchi

Publisher: CEPS

Published: 2009

Total Pages: 56

ISBN-13: 9290798491

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The aim of the paper is to identify and evaluate existing and potential EU energy supply risks on the basis of a sector-specific approach. Moving away from common generalisations on security of energy supply as well as from those studies that focus only on one sector, it brings together all types of fuel and analyses the risks related to each of them. The result is a comprehensive picture of the energy security challenges faced by the EU in the long-term. The paper can be seen as a tool to avoid overlapping, incoherence and contradictions in the process of assessing security of supply and aims to formulate a consistent and more unified European energy policy.


EU Gas Supply Security

EU Gas Supply Security

Author: Mirja Schröder

Publisher: Nomos Verlagsgesellschaft

Published: 2019

Total Pages: 0

ISBN-13: 9783848759019

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Analysing the geopolitical vision of EU external energy policy, exemplified by the Southern Gas Corridor (SGC), this study places emphasis on how geopolitical discourse and thinking have influenced EU policymaking. It starts from the dominant view that the Russia-Ukraine gas crises have caused energy security to be featured highly on the EU's agenda. Accordingly, the European Commission has outlined different measures to ensure supply security, one of which is the diversification of routes and sources through the Caspian region. Taking up the conceptual perspective of critical geopolitics, the book analyses the European Commission's geopolitical reasoning. It observes that the proposed policy solution of diversifying gas supply and routes through the SGC has turned into a publicly accepted narrative in Commission discourse.


The European Gas Markets

The European Gas Markets

Author: Manfred Hafner

Publisher: Springer

Published: 2017-08-16

Total Pages: 437

ISBN-13: 3319558013

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This book explores in detail the challenges which the European gas markets currently face, and the opportunities they present. Bringing together some of the most prominent gas experts on Europe from both academia and industry, this edited volume provides a comprehensive analysis of the various economic, political and technological factors that interact in this sector. Featuring a Foreword by Maroš Šefčovič, Vice-President of the European Commission in charge of the Energy Union, contributions explore a wide range of issues, such as the role of gas in decarbonizing Europe, the outlook of Europe’s gas demand, supply and pricing, and global LNG dynamics. Country specific studies include Russia, Norway, the Netherlands, and Germany, with regional studies including North Africa and the Eastern Mediterranean. Alongside detailed analysis of this complex sector it also puts forward a set of policy recommendations for the sector’s key stakeholders. This volume will be of interest to researchers and academics, as well as practitioners and professionals within European gas markets.