Security of Gas Supply in Open Markets

Security of Gas Supply in Open Markets PDF

Author: International Energy Agency

Publisher: OECD

Published: 2004

Total Pages: 508

ISBN-13:

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Over the last decade, many IEA member countries have opened their energy markets to competition, with governments progressively withdrawing from direct management of the gas sector and focusing on establishing objectives and competition frameworks. With the continued growth of gas demand and the decline of domestic reserves, most IEA countries will need to import more gas, mainly for power generation, which will require access to gas reserves at competitive conditions, as well as timely investment in new infrastructure to ensure a reliable gas supply. This publication, part of a series on energy market reforms, examines recent developments in security of gas supply and reliability in all IEA regions, in the light of these new demand and supply trends. It includes a CD-ROM containing the views of the main stakeholders (governments, regulators, industry, customers and other organisations) involved.

Building Competitive Gas Markets in the EU

Building Competitive Gas Markets in the EU PDF

Author: Jean-Michel Glachant

Publisher: Edward Elgar Publishing

Published: 2013-01-01

Total Pages: 293

ISBN-13: 1782540644

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This highly unique book focuses on market design issues common to most EU gas markets, particularly in the context of closer integration. It explores in detail the characteristics and requirements of national gas markets in Europe, which are constructed as virtual hubs based on entry/exit schemes as a requirement of European law. The expert contributors analyse gas supply and demand patterns in the EU, showing that both have changed following the introduction of liquefied natural gas on the supply side and the growth of gas-fired power plants on the demand side. The repeated interactions between the transmission operators activity and the gas commodity markets are addressed, as is the design of commercial networks in EU markets. The contributors also question whether the relationship between commercial and physical networks, in terms of the new flexibility requirements of users, actually works. By way of conclusion, two proposals for the EU gas target model are presented, both of which tackle the fundamental issues raised in this book, as well as the organization of short-term transactions and the mechanisms for investment in vital new long-life infrastructure needed to integrate EU markets. This volume will be of great interest to practitioners, as well as academics, researchers and students in the fields of energy economics and industrial economics. Both European and non-European energy companies and regulatory authorities looking for an independent and analytical overview of European gas markets will also find this book to be a highly valuable resource.

Security of Gas Supply

Security of Gas Supply PDF

Author: Great Britain: Parliament: House of Commons: Trade and Industry Committee

Publisher: The Stationery Office

Published: 2006-03-29

Total Pages: 100

ISBN-13: 9780215028150

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Security of gas Supply : First report of session 2005-06, Vol. 2: Written Evidence

Security of Gas Supply and Energy Market Regulation

Security of Gas Supply and Energy Market Regulation PDF

Author: Tade Oyewunmi

Publisher:

Published: 2016

Total Pages: 0

ISBN-13:

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The introduction of liberalisation and concepts such as third-party access, network ownership unbundling and competition in the EU's internal energy market following the first, second and third sets of EU legislative packages and directives had the effect of requiring Member States to significantly alter the regulatory and organisational structures of their energy markets, including traditional ways of promoting energy security. Consequently, state-owned or controlled vertically-integrated operators or centrally administered energy markets now have to meet the demands of open access and competition. There is also a shift away from traditional long-term gas supply contracts, towards more short-term spot-markets and trading hubs. Although, long-term supply arrangements could be seen as a means of achieving security of supply, it can also become an instrument which 'locks-in' ex ante investments in commercial arrangements with supplier(s) whose broader geopolitical and economic interests may be incompatible with the peculiar interests of the consuming state(s) or purchaser undertaking(s). Geopolitical conflicts relating to external suppliers, import dependency, declining regional gas production and the interconnectedness of gas and electricity markets, competitiveness of gas utilisation in the energy mix are some essential factors affecting the reliability and security of energy supply. This paper aims to examine some of the key regulatory and policy issues affecting the security of gas supply in the evolving EU internal energy market. It focuses on the dynamics of securing the availability and reliability of gas for electricity generation from a legal and regulatory perspective.

Energy Security in Europe

Energy Security in Europe PDF

Author: Kacper Szulecki

Publisher: Springer

Published: 2017-10-13

Total Pages: 351

ISBN-13: 3319649647

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This edited collection highlights the different meanings that have been attached to the notion of energy security and how it is taken to refer to different objects. Official policy definitions of energy security are broadly similar across countries and emphasize the reliability and affordability of access to sufficient energy resources for a community to uphold its normal economic and social functions. However, perceptions of energy security vary between states causing different actions to be taken, both in international relations and in domestic politics. Energy Security in Europe moves the policy debates on energy security beyond a consideration of its seemingly objective nature. It also provides a series of contributions that shed light on the conditions under which similar material factors are met with very different energy security policies and divergent discourses across Europe. Furthermore, it problematizes established notions prevalent in energy security studies, such as whether energy security is ‘geopolitical’, and an element of high politics, or purely ‘economic’, and should be left for the markets to regulate. This book will be of particular relevance to students and academics in the fields of energy studies and political science seeking to understand the divergence in perspectives and understandings of energy security challenges between EU member states and in multilateral relationships between the EU as a whole.

Energy Security and Climate Policy

Energy Security and Climate Policy PDF

Author: International Energy Agency

Publisher: OECD Publishing

Published: 2007

Total Pages: 160

ISBN-13:

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World energy demand is surging. Oil, coal and natural gas still meet most global energy needs, creating serious implications for the environment. One result is that CO 2 emissions, the principal cause of global warming, are rising. This study underlines the close link between efforts to ensure energy security and those to mitigate climate change. Decisions on one side affect the other. The book presents a framework to assess interactions between energy security and climate change policies, combining qualitative and quantitative analyses. The quantitative analysis is based on the development of energy security indicators, tracking the evolution of policy concerns linked to energy resource concentration. The indicators are applied to a reference scenario and CO 2 policy cases for five case-study countries: The Czech Republic, France, Italy, the Netherlands, and the United Kingdom.. -->

China’s Gas Development Strategies

China’s Gas Development Strategies PDF

Author: Shell International B.V.

Publisher: Springer

Published: 2017-11-23

Total Pages: 477

ISBN-13: 3319597345

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This book is open access under a CC BY 4.0 license. This book examines how China can increase the share of natural gas in its energy system. China’s energy strategy has global ramifications and impact, and central to this strategy is the country’s transition from coal to gas. The book presents the culmination of a two-year collaboration between the Development Research Center of the State Council (DRC) and Shell. With the Chinese government’s strategic aim to increase the share of gas in the energy mix from 5.8% in 2014 to 10% and 15% in 2020 and 2030 respectively, the book outlines how China can achieve its gas targets. Providing both quantifiable metrics and policy measures for the transition, it is a much needed addition to the literature on Chinese energy policy. The research and the resulting recommendations of this study have fed directly into the Chinese government’s 13th Five-Year Plan, and provide unique insights into the Chinese government and policy-making. Due to its global impact, the book is a valuable resource for policy makers in both China and the rest of the world.

Improving the Security of Energy Supply by Developing the Internal Energy Market

Improving the Security of Energy Supply by Developing the Internal Energy Market PDF

Author:

Publisher:

Published: 2015

Total Pages: 84

ISBN-13:

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"This audit sought to determine whether implementation of internal energy market policy measures and EU spending on energy infrastructure have provided security of energy supply benefits effectively. The EU's objective of completing the internal energy market by 2014 was not reached. Energy infrastructure in Europe is generally not yet designed for fully integrated markets and therefore does not currently provide effective security of energy supply. Financial support from the EU budget in the field of energy infrastructure has made only a limited contribution to the internal energy market and security of energy supply."--Page 4 of cover.

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