Controlling regional monopolies in the natural gas industry: the role of transport capacity
This paper analyzes some optimal fiscal, pricing, and capacity investment policies for controlling regional monopoly power in the natural gas industry. By letting the set of control instruments available to the social planner vary, we provide a characterization of the technological and demand conditionsunder which excess" capacity in the transport network arises in response to the loss of the two other control instruments, namely, transfers and pricing. Hence, the analysis yields some insights on an economy´s incentives to invest in infrastructures for the purpose of integrating geographically isolated markets."
|Date of creation:||29 Oct 2012|
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- Leautier, Thomas-Olivier, 2001. "Transmission Constraints and Imperfect Markets for Power," Journal of Regulatory Economics, Springer, vol. 19(1), pages 27-54, January.
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- Chaton, Corinne & Gasmi, Farid & Guillerminet, Marie-Laure & Oviedo, Juan-Daniel, 2012. "Gas release and transport capacity investment as instruments to foster competition in gas markets," Energy Economics, Elsevier, vol. 34(5), pages 1251-1258.
- Corinne Chaton & Farid Gasmi & Marie-Laure Guillerminet & Juan D. Oviedo, 2008. "Un instrument de court terme pour stimuler la concurrence. Le gas release," Revue économique, Presses de Sciences-Po, vol. 59(3), pages 475-486.
- Gasmi, Farid & Oviedo, Juan Daniel, 2010. "Investment in transport infrastructure, regulation, and gas-gas competition," Energy Economics, Elsevier, vol. 32(3), pages 726-736, May.
- repec:dau:papers:123456789/11504 is not listed on IDEAS
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