The centralization of natural gas procurement in the EU: An economic perspective

Leonardo M. Giuffrida and Giancarlo Spagnolo

No 3/2022, ZEW policy briefs from ZEW - Leibniz Centre for European Economic Research

Abstract: In this policy brief, we review the main trade-offs associated with joint procurement, or procurement 'centralization', as identified by procurement scholars. We then focus on the specific case of natural gas. Finally, we compare the procurement of natural gas to that of COVID-19 vaccines, arguing that the centralization of natural gas procurement can be expected to bring greater benefits at lower costs.

Date: 2022
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewpbs:32022

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