Convergence of Gas and Electricity Markets: Economic and Technological Drivers

Rolf W. Künneke
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Rolf W. Künneke: University of Technology

Chapter 16 in Primer Handbook Utility Management, 2009, pp 1-19 from Springer

Abstract: Abstract This chapter identifies different economic and technological drivers for the convergence of gas and electricity markets in the context of the ongoing market restructuring (i.e., liberalization). The analysis is based on a description of the economic and technological features peculiar to the gas and electricity value chains, and four different categories of market convergence. Market convergence can be related to products and services, regulation, business governance, and technology. Some implications of convergence for the market structure, industrial organization, and regulation are discussed.

Keywords: Convergence; technology; regulation (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-89337-0_1

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DOI: 10.1007/978-3-540-89337-0_1

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