This paper aims to analyse the effects deriving from the liberalization process in Europe following Directive 98/30/EC. More specifically, the objective is to analyse the competitiveness in the retail market. In order to do so, it is necessary to begin by observing the average retail prices established by various European retail operators, and their differences regarding the two categories of consumers (domestic and industrial). The cost of imported natural gas plays an important role in the determination of the retail price. Thus we investigate the relationship between the retail and import price, and the changes in this relationship due to the liberalization process.

The European gas market: the effects of liberalization on retail prices / Capece, G; Di Pillo, F; Gastaldi, M; Levialdi Ghiron, N. - 105:(2007), pp. 417-426. ((Intervento presentato al convegno International conference on energy and sustainability tenutosi a New Forest [10.2495/ESUS070411].

The European gas market: the effects of liberalization on retail prices

Di Pillo F;
2007

Abstract

This paper aims to analyse the effects deriving from the liberalization process in Europe following Directive 98/30/EC. More specifically, the objective is to analyse the competitiveness in the retail market. In order to do so, it is necessary to begin by observing the average retail prices established by various European retail operators, and their differences regarding the two categories of consumers (domestic and industrial). The cost of imported natural gas plays an important role in the determination of the retail price. Thus we investigate the relationship between the retail and import price, and the changes in this relationship due to the liberalization process.
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