Politics, Markets and EU Gas Supply Security
Case Studies of the UK and Germany
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Beschreibung
Sandu-Daniel Kopp investigates whether carbon reduction targets are compatible with market-driven competition in gas (and power) industries, and whether security of supply is compatible with competitive markets. He examines the policy trade-offs which need to be made between the three different elements, and whether these policy judgements should be economically or politically based. The analysis shows the need for a complex set of politically determined options to protect (competitive) markets from price risks and emergency events and demonstrates that this has thus far failed the policy test. Overall, the author argues that the three major elements of EU energy policy are incompatible in important respects and thereby challenges much of the conventional wisdom of EU and Member State policies of the past decade.
Contents
- Macro-Trends in the Global and European Gas Markets
- EU Energy Legislation and Gas Supply Security
- The UK and the German Gas Markets
- Liberalisation and Gas Supply Security: Theory and Market Reality
Target Groups
- Academics and students of political science, economics, and law with a focus on energy
- Executives and consultants from the energy sector, policy-makers, and public authorities
The Author
Sandu-Daniel Kopp has conducted research on energy politics and economics atthe Berlin Centre for Caspian Region Studies , the European Centre for Energy and Resource Security at the King’s College London , and the Oxford Institute for Energy Studies .
Sandu-Daniel Kopp investigates whether carbon reduction targets are compatible with market-driven competition in gas (and power) industries, and whether security of supply is compatible with competitive markets. He examines the policy trade-offs which need to be made between the three different elements, and whether these policy judgements should be economically or politically based. The analysis shows the need for a complex set of politically determined options to protect (competitive) markets from price risks and emergency events and demonstrates that this has thus far failed the policy test. Overall, the author argues that the three major elements of EU energy policy are incompatible in important respects and thereby challenges much of the conventional wisdom of EU and Member State policies of the past decade.
Publication in the field of social sciences Includes supplementary material: sn.pub/extras
Autor*in
Sandu-Daniel Kopp
Themen in »Politics, Markets and EU Gas Supply Security«
Decarbonisation EU Energy Markets Energy Security Liberalisation and Gas Supply Security Macro-Trends in the Global and EU Gas Markets Climate change management