This article analyses the reform process in the European and the German natural gas sector. Competition in the industry and intra-European trade have been underdeveloped thus far. We argue that the European gas pipelines are a monopolistic bottleneck that require some form of access regulation, e.g. in the form of an Entry-Exit System. We discuss how regulation should be implemented at the European level and, subsequently, in Germany. We conclude that the European Gas Directive 2003/55/EC and the proposal for a new Energy Law in Germany offer a good point of departure for further reforms towards an integrated European market for natural gas.
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Publisher Info
Paper provided by DIW Berlin, German Institute for Economic Research in its series Discussion Papers of DIW Berlin with number
440.
Length: 18 p. Date of creation: 2004 Date of revision: Publication status: Published in: Perspektiven der Witschaftspolitik 7 (2006) Heft 1, 89-103 Handle: RePEc:diw:diwwpp:dp440
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