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Gas network and market “à la Carte”: Identifying the fundamental choices

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  • Glachant, Jean-Michel
  • Hallack, Michelle
  • Vazquez, Miguel

Abstract

The institutional setting of open gas networks and markets is revealing considerably diverse and diverging roads taken by the US, the EU, Brazil and Australia. We show that this divergence is explained by key choices made in the primary liberalization process, which is based on a redefinition of the transmission system property rights. This redefinition in turn leads to different regimes for the transmission services, as well as for the gas commodity trade, which depends on the network services for any market deal to network, but also the perceived difficulties and institutional costs to coordinate the actual transmission services through certain market arrangements.

Suggested Citation

  • Glachant, Jean-Michel & Hallack, Michelle & Vazquez, Miguel, 2014. "Gas network and market “à la Carte”: Identifying the fundamental choices," Utilities Policy, Elsevier, vol. 31(C), pages 238-245.
    • Handle: RePEc:eee:juipol:v:31:y:2014:i:c:p:238-245
    DOI: 10.1016/j.jup.2014.03.008
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    References listed on IDEAS

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    Cited by:

    1. De Meio Reggiani, Martin C. & Vazquez, Miguel & Hallack, Michelle & Brignole, Nélida B., 2019. "The role of governmental commitment on regulated utilities," Energy Economics, Elsevier, vol. 84(C).
    2. Grimm, Veronika & Grübel, Julia & Schewe, Lars & Schmidt, Martin & Zöttl, Gregor, 2019. "Nonconvex equilibrium models for gas market analysis: Failure of standard techniques and alternative modeling approaches," European Journal of Operational Research, Elsevier, vol. 273(3), pages 1097-1108.
    3. Shastitko, A. & Kurdin, A. & Filippova, I., 2020. "Structural alternatives of the gas transportation organization through an insulated pipeline," Journal of the New Economic Association, New Economic Association, vol. 47(3), pages 128-156.
    4. Suleman, Shafic, 2020. "Natural Gas Industry Restructuring for Value Optimisation: A Case Study of Ghana," MPRA Paper 99155, University Library of Munich, Germany.

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