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Liberalizing The Gas Industry
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Book Synopsis China’s Gas Development Strategies by : Shell International B.V.
Download or read book China’s Gas Development Strategies written by Shell International B.V. and published by Springer. This book was released on 2017-11-23 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Natural Gas in India by : Anil K. Jain
Download or read book Natural Gas in India written by Anil K. Jain and published by Oxford Institute for Energy Studies. This book was released on 2012-01-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: India's gas sector is changing due to the development of domestic supply, the transition of the Indian economy, and global developments such as the increasing availability of LNG and new policy agendas on climate change. This book examines supply and demand, policy and pricing, and the future role of gas within the energy sector as India develops
Book Synopsis Regulatory Reform in Mexico's Natural Gas Industry by : Juan Rosellón
Download or read book Regulatory Reform in Mexico's Natural Gas Industry written by Juan Rosellón and published by World Bank Publications. This book was released on 2001 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liberalization of the natural gas industry is complex because the sector combines activities with natural monopoly characteristics with activities that are potentially competitive. The challenges are compounded when the state opts to retain vertically integrated monopolies in otherwise contestable segments of the industry. Regulatory issues associated with partial liberalization of natural gas markets are analyzed through a case study of Mexico.
Book Synopsis Liberalisation of Natural Gas Markets by : Onur Demir
Download or read book Liberalisation of Natural Gas Markets written by Onur Demir and published by Springer Nature. This book was released on 2020-03-21 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the overall natural gas reform performance of Turkey, addressing both shortfalls and setbacks that have prevented Turkey from the fulfillment of the regulatory implementation since 2001, and how the prospectively liberalised natural gas market can effectively operate at all levels. Although eighteen years have passed since the introduction of the first legislation as a basis for a more liberalised Turkish natural gas market, the completion of the reform process still suffers from a lack of enforcement. The book offers recommendations to address this, the main one being that policy makers should give due consideration to the consolidation of EMRA’s independent role with appropriate safeguards laid out to prevent attempts of regulatory misuse. The book concludes by suggesting that there is a compelling need to move forward with a consolidated reform sooner rather than later if Turkey genuinely wishes to take a leadership position in the race to become an efficient gas hub and be part of Europe’s single energy market.
Book Synopsis Regulating Gas Liberalization by : Anton Ming-Zhi Gao
Download or read book Regulating Gas Liberalization written by Anton Ming-Zhi Gao and published by Kluwer Law International B.V.. This book was released on 2010-01-01 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: La 4e de couverture indique : "Along with aviation and telecommunications, the gas supply chain has proved to be one of the paradigmatic factors in the great transformation in regulated industry law that has characterized recent decades. The liberalization in the gas market has taken two primary legal forms: (i) removal of entry barriers in competitive sectors; and (ii) regulation of infrastructure sectors through unbundling (economic separation of competitive and infrastructure sectors), and open access (requiring gas infrastructure owners/operators to allow competitors to access their facilities on commercial terms comparable to those that would apply in a competitive market). This book will focus on the latter legal form. This is the first book to analyze, in a comparative way, the detailed development of the unbundling and open access regimes across three continents. It is the author's contention that these two legal forms should be more widely implemented than they are at present. In each of five substantial chapters - on the United States, Europe, Japan, South Korea, and Taiwan - the author first focuses on the proposed or current laws and industrial practices on service, account, functional, legal and ownership unbundling and independent system operator, and then on those of different open access regimes (mainly including regulated and negotiated third party access), insofar as they have been developed in each location. Using empirical evidence from Europe, the United States, and Japan that a well-formulated and comprehensive liberalization can bring about more advantages than disadvantages, he shows how well-designed unbundling and open access regimes may accomplish the following : inject much-needed competition into gas exploration, exploitation, import, production, and retailing ; reform and re-regulate non-competitive sectors such as transportation, distribution, and storage ; balance potential conflicts between energy security and competition ; and support interests such as environmental protection, energy rights, safety, and consumer protection. The author attends throughout to the contrasting market situations in countries that rely on importing natural gas by liquefied natural gas tankers (LNG countries), and countries with their natural gas mainly coming from production fields via direct pipelines (PNG countries). Identifying the key legal issues arising from the development of the various unbundling and open access regimes discussed, the book goes on to provide a detailed general legislative framework for gas liberalization that applies especially to LNG countries. The author finds, perhaps surprisingly, that both LNG countries and PNG countries can in fact learn from each other. This book will be a key reference for anyone interested in the legal issues of gas liberalization, and will also provide the international energy community with keen insight into the unbundling and open access regimes in the United States, Europe, Japan, South Korea and Taiwan. Policymakers around the world will discover an excellent framework for launching or improving a gas liberalization scheme."
Book Synopsis Competition in Hong Kong's Gas Industry by : Pun-Lee Lam
Download or read book Competition in Hong Kong's Gas Industry written by Pun-Lee Lam and published by Chinese University Press. This book was released on 2000 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, the gas industries of many countries have undergone substantial change. Gas utilities have been corporatized or privatized, and competition has replaced monopoly. Despite this current of liberalization, Hong Kong's gas industry is still dominated by one company with limited competition from other fuel suppliers. This study reviews the liberalization of the gas industries in the United States, United Kingdom, Australia, New Zealand, Japan, South Korea and Taiwan. Although the industry, ownership, and regulatory structure in Hong Kong may not be the same as in those countries and areas, the authors believe lessons can be learned from their experiences.
Book Synopsis The Liberalization of Electricity and Natural Gas in the European Union by : Damien Geradin
Download or read book The Liberalization of Electricity and Natural Gas in the European Union written by Damien Geradin and published by Kluwer Law International B.V.. This book was released on 2001-07-11 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this important book, notable European experts in the energy field provide valuable perspectives on the principal issues raised by the liberalisation of the electricity and natural gas markets in the EU. Lawyers, business people, regulators, and policymakers who deal with matters and issues in the energy, natural resources, and environmental fields will find the details and insights presented here of great value.
Book Synopsis Regulatory Reform in Mexico's Natural Gas Industry by : Juan Rosellon
Download or read book Regulatory Reform in Mexico's Natural Gas Industry written by Juan Rosellon and published by . This book was released on 2016 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liberalization of the nat ...
Book Synopsis Privatization of Public City Gas Utilities by : Shinichi Kusanagi
Download or read book Privatization of Public City Gas Utilities written by Shinichi Kusanagi and published by Springer Nature. This book was released on 2020-12-01 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a study on the Japanese city gas industry, which has been rapidly liberalized in recent years. Especially, it focuses on the background, reasons, methods, and effects of the privatization of publicly owned city gas utilities in Japan. In Japan, after the Great East Japan Earthquake, the liberalization of the electric power and gas business has progressed rapidly. There are a number of studies on the reform of Japan's electricity market, but there are few studies on city gas business. This book describes the state of Japan's public city gas utilities and the necessity of their privatization. And it explains the role of concession as a method of privatization. Then it verifies that the effects of past privatization cases are insufficient. The book also covers deregulation of public utilities in Europe, which triggered Japan's liberalization of its energy and other public utility sectors, and privatization of electricity and gas businesses in India, a developing country in Asia. Finally, this book explores future regulation and business of city gas industry. Pipeline network should be regulated to comply with future unbundling starting from 2022, and gas business altogether with electricity and water businesses need more digitization.
Book Synopsis Market Liberalization in the European Natural Gas Market by : Steven Brakman
Download or read book Market Liberalization in the European Natural Gas Market written by Steven Brakman and published by . This book was released on 2009 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the European Union, energy markets are increasingly being liberalized. A case in point is the European natural gas industry. The general expectation is that more competition will lead to lower prices and higher volumes, and hence higher welfare. This paper indicates that this might not happen for at least two reasons. First, energy markets, including the market for natural gas, are characterized by imperfect competition and increasing costs to develop new energy sources. As a result, new entrants in the market are less efficient than incumbent firms. Second, energy markets, again including the market for natural gas, are associated with capacity constraints. Prices are determined in residual markets where the least efficient firms are active. This is likely to lead to price increases, rather than decreases.
Book Synopsis Liberalizing Global Trade in Energy Services by : Peter C. Evans
Download or read book Liberalizing Global Trade in Energy Services written by Peter C. Evans and published by American Enterprise Institute. This book was released on 2002 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Liberalizing Global Trade in Energy Services is one in a series of new AEI studies on negotiations to liberalize trade in services. Each study focuses on a particular service sector, identifies the major obstacles to liberalization in that area, and presents policy options for trade negotiators and interested private-sector participants."--Jacket.
Book Synopsis Liberalizing the Gas Industry by : Michele Polo
Download or read book Liberalizing the Gas Industry written by Michele Polo and published by . This book was released on 2015 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines retail competition in a liberalized gas market. Vertically integrated firms run both wholesale activities (buying gas from the producers under take-or-pay obligations) and retail activities (selling gas to final customers). The market is decentralized and the firms decide which customers to serve, competing then in prices. We show that TOP clauses limit the incentives to face-to-face competition and determine segmentation and monopoly pricing even when entry of new competitors occurs. The development of wholesale trade, instead, may induce generalized entry and retail competition. This equilibrium outcome is obtained if a compulsory wholesale market is introduced, even when firms are vertically integrated, or under vertical separation of wholesale and retail activites when firms can use only linear bilateral contracts.
Book Synopsis Competition and Liberalization in European Gas Markets by : Jonathan P. Stern
Download or read book Competition and Liberalization in European Gas Markets written by Jonathan P. Stern and published by Chatham House (Formerly Riia). This book was released on 1998 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study traces the breakdown of market management in European gas markets and the emergence of gas-to-gas competition and liberalized access to networks. A surplus of gas supply and pipeline capacity, combined with institutional change to reduce monopoly power and bring new entrants into the industry, are the most important drivers for change.
Book Synopsis Liberalizing European Energy Markets by : Finn Roar Aune
Download or read book Liberalizing European Energy Markets written by Finn Roar Aune and published by Edward Elgar Publishing. This book was released on 2008-05-30 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on a state-of-the-art detailed numerical simulation model, this volume presents an economic analysis of the main effects of liberalizing the electricity and natural gas markets across Western Europe.
Book Synopsis Regulatory Reform in Mexico's Natural Gas Industry by : Jonathan Halpern
Download or read book Regulatory Reform in Mexico's Natural Gas Industry written by Jonathan Halpern and published by . This book was released on 1999 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: January 2001 - Liberalization of the natural gas industry is complex because the sector combines activities with natural monopoly characteristics with activities that are potentially competitive. The challenges are compounded when the State opts to retain vertically integrated monopolies in otherwise contestable segments of the industry. Regulatory issues associated with partial liberalization of natural gas markets are analyzed through a case study of Mexico. The natural gas industry combines activities with natural monopoly characteristics with those that are potentially competitive. Pipeline transport and distribution, which have natural monopoly characteristics, require regulation of price and nonprice behavior. Production is a contestable activity, but in a few countries (including Mexico) it remains a state monopoly. Gas marketing is also contestable, but the presence of a dominant, upstream, vertically integrated incumbent may pose significant barriers to entry. Market architecture decisions"such as horizontal structure, regional development, and the degree of vertical integration"are also crucial. Rosellón and Halpern report that Mexico has undertaken structural reform in the energy sector more slowly than many other countries, but it has introduced changes to attract private investment in natural gas transport and distribution. These changes were a response to the rapid growth in demand for natural gas (about 10 percent a year) in Mexico, which was in turn a response to economic development and the enforcement of environmental regulations. The new regulatory framework provides incentives for firms to invest and operate efficiently and to bear much of the risk associated with new projects. It also protects captive consumers and improves general economic welfare. The continued vertical integration of the state-owned company Pemex and its statutory monopoly in domestic production posed a challenge to regulators. Their response in liberalizing trade, setting first-hand sales prices, and regulating natural gas distribution makes the Mexican case an interesting example of regulatory design. As the first phase of investment mobilization and competition for the market in Mexican distribution projects concludes, remaining challenges include consistently and transparently enforcing regulations, coordinating tasks among government agencies, and ensuring expansion of gas transport services and domestic production. A key challenge in the near term will be fostering competition in the market. In strengthening the role of market forces, one issue is Pemex's discretionary discounts on domestic gas and access to transport services, made possible by its monopoly in domestic production and marketing activities and its overwhelming dominance in transport. The main instrument available to the regulator is proscribing Pemex contract pricing, but more durable and tractable instruments should be considered. This paper"a product of the Finance, Private Sector, and Infrastructure Sector Unit, Latin America and the Caribbean Region"is part of a larger effort in the region to evaluate and disseminate lessons of experience in designing policies to improve the quality and sustainability of infrastructure services. The authors may be contacted at [email protected] or [email protected].
Download or read book Gas Trading Manual written by David Long and published by Elsevier. This book was released on 2001-07-20 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since its launch in 2001, Gas Trading Manual (GTM) has established itself as the leading information source on the international gas market. Compiled from the contributions of some of the most senior and widely respected figures in the trade, this edition provides detailed and accurate analysis on all aspects of this complex business from the geography of gas through to the markets, trading instruments, contracts, gas pricing, accounting and taxation. This edition further enhances its reputation as the indispensable practical companion for all those involved in the trading of gas.
Book Synopsis The Impact on the Mediterranean of the European Gas Market Liberalization Process by : Nordine Ait-Laoussine
Download or read book The Impact on the Mediterranean of the European Gas Market Liberalization Process written by Nordine Ait-Laoussine and published by . This book was released on 2002 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
