GAS MARKET ORGANIZATION

Mariyàna Vergieva ()
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Mariyàna Vergieva: College of Tourism, Blagoevgrad, Bulgaria

Economic Science, education and the real economy: Development and interactions in the digital age, 2020, issue 1, 276-286

Abstract: The report addresses the current topic of gas market organization and the changes resulting from the transposition of the Third Energy Liberalization Package. The material also provides an in-depth assessment of the market effects of network codes, showing that gas network users are taking advantage of new transmission capacity rules to profile their capacity requests. This in turn gives them the flexibility to respond more effectively to changing market conditions. This applies in particular to the wholesale markets of northwestern Europe and neighboring markets, creating more favorable trading conditions.

Keywords: gas markets; regulation; network code; competition; prospects; liberalization (search for similar items in EconPapers)
JEL-codes: O13 P18 Q43 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:cfdide:y:2020:i:1:p:276-286

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