Abstract
The European Commission's 1988 document on the completion of the internal energy market made a number of recommendations which, if adopted, would significantly affect the European natural gas industry. These were principally that: user's access to transmission systems should be facilitated, in order to permit them direct access to suppliers; greater price transparency should be encouraged, to remove competitive distortions; and fiscal harmonisation should be accelerated, in order to ''level the playing field'' between industrial users in different countries. Advocates of ''open access'' or ''common carriage'', i.e. of a system under which owners of gas pipeline and storage facilities would have a legal obligation to provide transportation and related services to third parties for a specific fee, have argued that adoption of a US-style regulatory system could improve the efficiency of European markets by removing anti-competitive practices. The purpose of this article is to review the arguments on both sides and, in particular, to consider whether US experience may be a relevant model for European authorities to adopt. (author).
Wood-Collins, John;
[1]
Lee, William
[2]
- Little (Arthur D.), Inc., London (GB)
- Shearman and Sterling, Paris (FR)
Citation Formats
Wood-Collins, John, and Lee, William.
The relevance of US experience to the completion of the European internal energy market for natural gas.
United Kingdom: N. p.,
1990.
Web.
Wood-Collins, John, & Lee, William.
The relevance of US experience to the completion of the European internal energy market for natural gas.
United Kingdom.
Wood-Collins, John, and Lee, William.
1990.
"The relevance of US experience to the completion of the European internal energy market for natural gas."
United Kingdom.
@misc{etde_6162587,
title = {The relevance of US experience to the completion of the European internal energy market for natural gas}
author = {Wood-Collins, John, and Lee, William}
abstractNote = {The European Commission's 1988 document on the completion of the internal energy market made a number of recommendations which, if adopted, would significantly affect the European natural gas industry. These were principally that: user's access to transmission systems should be facilitated, in order to permit them direct access to suppliers; greater price transparency should be encouraged, to remove competitive distortions; and fiscal harmonisation should be accelerated, in order to ''level the playing field'' between industrial users in different countries. Advocates of ''open access'' or ''common carriage'', i.e. of a system under which owners of gas pipeline and storage facilities would have a legal obligation to provide transportation and related services to third parties for a specific fee, have argued that adoption of a US-style regulatory system could improve the efficiency of European markets by removing anti-competitive practices. The purpose of this article is to review the arguments on both sides and, in particular, to consider whether US experience may be a relevant model for European authorities to adopt. (author).}
journal = []
volume = {8:1}
place = {United Kingdom}
year = {1990}
month = {Jan}
}
title = {The relevance of US experience to the completion of the European internal energy market for natural gas}
author = {Wood-Collins, John, and Lee, William}
abstractNote = {The European Commission's 1988 document on the completion of the internal energy market made a number of recommendations which, if adopted, would significantly affect the European natural gas industry. These were principally that: user's access to transmission systems should be facilitated, in order to permit them direct access to suppliers; greater price transparency should be encouraged, to remove competitive distortions; and fiscal harmonisation should be accelerated, in order to ''level the playing field'' between industrial users in different countries. Advocates of ''open access'' or ''common carriage'', i.e. of a system under which owners of gas pipeline and storage facilities would have a legal obligation to provide transportation and related services to third parties for a specific fee, have argued that adoption of a US-style regulatory system could improve the efficiency of European markets by removing anti-competitive practices. The purpose of this article is to review the arguments on both sides and, in particular, to consider whether US experience may be a relevant model for European authorities to adopt. (author).}
journal = []
volume = {8:1}
place = {United Kingdom}
year = {1990}
month = {Jan}
}