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Regulatory reform on the European gas market. Does it make a difference?

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Title: Regulatory reform on the European gas market. Does it make a difference?
Authors: Ressel, Hans-William
Issue Date: 3-Dec-2013
Degree: Master theses
Series/Report no.: EURP MA
Keywords: European gas market
gas directive
third energy package
quantitative method
Abstract: The structure of the European gas market has been the subject of extensive discussion during the last decade resulting in two EU directives. A key concept in this discussion is the mandatory break up of vertically integrated gas companies, also known as unbundling. This master thesis examines several of the regulatory measures introduced in the 2003 and 2009 gas directives. A theoretical model with the aim to predict the effects of the regulatory measures is devised. This model defines the pric... more
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