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.


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: 212

ISBN-13: 1317636643

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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.


History of the European Oil and Gas Industry

History of the European Oil and Gas Industry

Author: J. Craig

Publisher: Geological Society of London

Published: 2018

Total Pages: 471

ISBN-13: 1786203634

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The history of the European oil and gas industry reflects local as well as global political events, economic constraints and the personal endeavours of individual petroleum geoscientists as much as it does the development of technologies and the underlying geology of the region. The first commercial oil wells in Europe were drilled in Poland in 1853, Romania in 1857, Germany in 1859 and Italy in 1860. The 23 papers in this volume focus on the history and heritage of the oil and gas industry in the key European oil-producing countries from the earliest onshore drilling to its development into the modern industry that we know today. The contributors chronicle the main events and some of the major players that shaped the industry in Europe. The volume also marks several important anniversaries, including 150 years of oil exploration in Poland and Romania, the centenary of the drilling of the first oil well in the UK and 50 years of oil production from onshore Spain.


The Evolution of Electricity Markets in Europe

The Evolution of Electricity Markets in Europe

Author: Leonardo Meeus

Publisher: Edward Elgar Publishing

Published: 2020-11-27

Total Pages: 192

ISBN-13: 1789905478

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Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches.


The Economics of Natural Gas Storage

The Economics of Natural Gas Storage

Author: Anna Cretì

Publisher: Springer Science & Business Media

Published: 2009-04-05

Total Pages: 123

ISBN-13: 3540794077

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I remember that the idea of this book emerged ?rst in Toulouse, during the Third Conference on Energy Markets – 3 years ago now. Anna Cret` ? gave a talk on a model dealing with seasonal gas storage in the USA, and Christian Von Hirschausen was her discussant. Both of them were devoting their efforts to understand the natural gas market in Europe and the relevant liberalization process. I found their interest in storage rather original, so I encouraged Anna to collect the most original cont- butions on this topic. Back in Milan with this idea in mind, she organized a working group at IEFE- Bocconi University, where she works. Then, during the following year, she - changed ideas and organized several meetings with the book’s contributors. She regularly invited the most important Italian gas sector representatives to these me- ings, to make sure that the economic models were well suited to tackle the issues at stake in the European gas industry.


Energy Relations in the Euro-Mediterranean

Energy Relations in the Euro-Mediterranean

Author: Simone Tagliapietra

Publisher: Springer

Published: 2016-12-01

Total Pages: 235

ISBN-13: 3319351168

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This book investigates the current status and future prospects of energy relationships in the Euro-Mediterranean region. By adopting a political economy perspective, this book provides insight into regional cooperation in the fields of natural gas and renewable energy. The author posits that regional energy relations have yet to be examined through a comprehensive analytical framework in order to realistically assess the potential role of energy in acting as a catalyst for greater economic and political cooperation in the region. To do so, the author provides a detailed analysis of the region’s energy relations and pertinent case studies. Chapters illustrate the political and economic drivers underpinning the region’s energy dynamics, providing the reader with a wide-ranging overview of the Euro-Mediterranean energy relations of today and tomorrow.


The Natural Gas Market

The Natural Gas Market

Author: Paul W. MacAvoy

Publisher: Yale University Press

Published: 2008-10-01

Total Pages: 158

ISBN-13: 0300129327

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divOver the past six decades federal regulatory agencies have attempted different strategies to regulate the natural gas industry in the United States. All have been unsuccessful, resulting in nationwide gas shortages or massive gas surpluses and costing the nation scores of billions of dollars. In addition, partial deregulation has led the regulatory agency to become more involved in controlling individual transactions among gas producers, distributors, and consumers. In this important book, Paul MacAvoy demonstrates that no affected group has gained from these experiments in public control and that all participants would gain from complete deregulation. Although losses have declined with partial deregulation in recent years, current regulatory practices still limit the growth of supply through the transmission system. MacAvoy’s history of the regulation of natural gas is a cautionary tale for other natural resource or network industries that are regulated or are about to be regulated. /DIV


The New Geopolitics of Natural Gas

The New Geopolitics of Natural Gas

Author: Agnia Grigas

Publisher:

Published: 2017

Total Pages: 412

ISBN-13: 9780674978065

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Cover -- Title page -- Copyright -- Dedication -- Contents -- Introduction: A New Era of Gas -- 1. The Changing Global Gas Sector -- 2. The Politics and Commerce of American LNG Exports -- 3. The Politics of Supply: Russiaand Gazprom -- 4. The Politics of Dependence Transformed: Europe -- 5. The Politics of Transit: Ukraine and Belarus -- 6. The Politics of Isolated Suppliers: The Caucasus and Central Asia -- 7. The Politics of Demand: China and Beyond -- Conclusion -- Notes -- Acknowledgments -- Index


The Bridge

The Bridge

Author: Thane Gustafson

Publisher: Harvard University Press

Published: 2020-01-07

Total Pages: 521

ISBN-13: 0674987950

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A Marginal Revolution Best Book of the Year Winner of the Shulman Book Prize A noted expert on Russian energy argues that despite Europe’s geopolitical rivalries, natural gas and deals based on it unite Europe’s nations in mutual self-interest. Three decades after the fall of the Berlin Wall and the breakup of the Soviet empire, the West faces a new era of East–West tensions. Any vision of a modern Russia integrated into the world economy and aligned in peaceful partnership with a reunited Europe has abruptly vanished. Two opposing narratives vie to explain the strategic future of Europe, one geopolitical and one economic, and both center on the same resource: natural gas. In The Bridge, Thane Gustafson, an expert on Russian oil and gas, argues that the political rivalries that capture the lion’s share of media attention must be viewed alongside multiple business interests and differences in economic ideologies. With a dense network of pipelines linking Europe and Russia, natural gas serves as a bridge that unites the region through common interests. Tracking the economic and political role of natural gas through several countries—Russia and Ukraine, the United Kingdom, Germany, the Netherlands, and Norway—The Bridge details both its history and its likely future. As Gustafson suggests, there are reasons for optimism, but whether the “gas bridge” can ultimately survive mounting geopolitical tensions and environmental challenges remains to be seen.


Competition in Energy Markets

Competition in Energy Markets

Author: Peter D. Cameron

Publisher: Oxford University Press, USA

Published: 2002

Total Pages: 544

ISBN-13: 9780198257707

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Recent years have seen a major growth in the European law concerning the operation of the energy industry, especially with respect to electricity and gas. Several directives have been adopted that are aimed at the promotion of competition in this key sector of the European economy. At thesame time, the jurisprudence of the European Court had developed further on matters such as access to networks, import and export monopolies and security of supply.In this book the authors examine the principal legislation, Treaty provisions and decisions of the Court of Justice and Court of First Instance of the EU as they related to the promotion of competition in European energy markets. In particular, two chapters are devoted to a detailed analysis of theprovisions of the two directives that set out common rules for the creation of an internal market in the electricity and gas sectors. In each case, the analysis is set in the context of the various programmes of energy market liberalization and privatization in the Member States, which aresummarized in this book. However, the authors also take the wider pan-European context into account, explaining the requirements and the implications of the European Economic Area Agreement, the Energy Charter Treaty and the Europe Agreements with countries of Central and Eastern Europe.The approach adopted by the authors is both analytical and historical. They locate the legislation in the context of the EU Internal Market programme that began in the late 1980s and explain the roles played by the various parties (energy industries, consumers and EU institutions) in shaping thefinal legislation. Importantly, they explain how the framework character of the energy directives has led to further important rule-making in the implementation of the directives across the EU. They conclude that a co-ordinated response between the European Commission and the national regulatorswill be essential to resolve problems arising in the transition to a competitive energy market in the EU.