Increased competition on the supply side of the Western European natural gas market
Journal Article
·
· Energy Journal
- Foundation for Research in Economics and Business Administration, Oslo (Norway)
- Norwegian Confederation of Trade Unions, Oslo (Norway)
- Statistics Norway, Oslo (Norway)
This paper analyzes how the supply side of the Western European natural gas market may react if the demand side becomes competitive. The authors show--using a numerical model of the Western European natural gas market--that once the demand side of the market is liberalized, each gas-producing country has an incentive to break up its gas sellers. The model therefore suggests that there may be numerous producers in a liberalized natural gas market. Hence, in a liberalized market consumers will not be exploited by suppliers.
- OSTI ID:
- 6185380
- Journal Information:
- Energy Journal, Journal Name: Energy Journal Vol. 19:3; ISSN ENJODN; ISSN 0195-6574
- Country of Publication:
- United States
- Language:
- English
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