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dc.contributor.authorGLACHANT, Jean-Michel
dc.date.accessioned2011-06-24T09:58:06Z
dc.date.available2011-06-24T09:58:06Z
dc.date.issued2011-06-24
dc.identifier.issn1028-3625
dc.identifier.urihttp://hdl.handle.net/1814/17974
dc.descriptionA previous version of this paper was replaced on 14/09/2011.
dc.description.abstractThe discussion on a target model for European gas network access started at the 18th Madrid Forum in 2010. This model shall provide a unifying vision on the future layout of the European gas market architecture. That vision shall assist all stakeholders in implementing the 3rd EU energy market package on the internal gas market in a consistent way. Here is my proposal for the European gas target model termed MECO-S Model. It is a "Market Enabling, Connecting and Securing Model" describing an end-state of the gas market to be achieved over time. It rests on three pillars that share a common foundation, being that economical investments in pipelines are realized: Pillar 1: Structuring network access to the European gas grid in a way that enables functioning wholesale markets; Pillar 2: Fostering short- and mid-term price alignment between the functioning wholesale markets by tightly connecting the markets; Pillar 3: Enabling the establishment of secure supply patterns to the functioning wholesale markets.en
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.relation.ispartofseriesEUI RSCASen
dc.relation.ispartofseries2011/38en
dc.relation.ispartofseriesFlorence School of Regulationen
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectinternal gas marketen
dc.subjectgas network accessen
dc.subjectgas security of supplyen
dc.subjectThird energy packageen
dc.titleA Vision for the EU Gas Target Model: the MECO-S Modelen
dc.typeWorking Paperen
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