This paper investigates the development of wholesale markets for natural gas at the different stages of market liberalization. We review in detail the different regulatory measures that must be introduced to create an efficient and functioning wholesale gas market. Finally, we analyze the evolution of gas hubs in the UK, the Netherlands, Germany, Italy and Belgium in terms of market rules and market liquidity.

The development of gas hubs in Europe

MIRIELLO, CATERINA;POLO, MICHELE
2014

Abstract

This paper investigates the development of wholesale markets for natural gas at the different stages of market liberalization. We review in detail the different regulatory measures that must be introduced to create an efficient and functioning wholesale gas market. Finally, we analyze the evolution of gas hubs in the UK, the Netherlands, Germany, Italy and Belgium in terms of market rules and market liquidity.
Proceedings of the 37th IAEE International Conference
Miriello, Caterina; Polo, Michele
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11565/3966921
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