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Browsing RSCAS Articles by Author "VAZQUEZ, Miguel"

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Title: Gas network and market 'à la carte' : identifying the fundamental choices Author(s): GLACHANT, Jean-Michel; HALLACK, Michelle; VAZQUEZ, Miguel Date: 2014 Type of Publication: Article Series/Report no.: [Florence School of Regulation] Abstract: The institutional setting of open gas networks and markets is revealing considerably diverse and diverging roads taken by the US, the EU, Brazil and Australia. We show that this divergence is explained by key choices made ...
Title: European Union regulation of gas transmission services : challenges in the allocation of network resources through entry/exit schemes Author(s): HALLACK, Michelle; VAZQUEZ, Miguel Date: 2013 Type of Publication: Article Abstract: The current definition of “commercial” gas networks in the European Union (EU) is based on entry/exit schemes and balancing mechanisms. This regulation of grid services aims to enhance the liquidity of wholesale markets. ...
Title: Need and design of short-term auctions in the EU gas markets Author(s): VAZQUEZ, Miguel; HALLACK, Michelle Date: 2013 Type of Publication: Article Abstract: In the EU, gas markets are based on socializing network flexibility services. However, shippers have different preferences on network flexibility, which are not reflected in current allocation models. We propose the ...
Title: Designing the European Gas Market: More liquid & less natural? Author(s): VAZQUEZ, Miguel; HALLACK, Michelle; GLACHANT, Jean-Michel Date: 2012 Type of Publication: Article Series/Report no.: [Florence School of Regulation] Abstract: Designing a gas market is defining how the commodity, the transmission and ancillary services are traded. The European Union has built the commoditization of natural gas through the socialization of several costs of trade. ...
Title: Asignacion de capacidad de red en los mercados de gas de corto plazo en la UE : ES suficiente el sistema de entrada / salida? Author(s): VAZQUEZ, Miguel; HALLACK, Michelle Date: 2012 Type of Publication: Article Abstract: El proceso de liberalización de la industria del gas europea ha puesto de manifiesto que el cambio de las reglas de juego puede permitir la existencia de instituciones de mercado. El razonamiento para introducir competencia ...
Title: Building Gas Markets: US versus EU, market versus market model Author(s): VAZQUEZ, Miguel; HALLACK, Michelle; GLACHANT, Jean-Michel Date: 2012 Type of Publication: Article Series/Report no.: [Loyola de Palacio Chair] Abstract: The liberalization process of the gas sector has showed that the reasoning to introduce competition in gas industries separates the services in at least two groups: commodities with relatively low transaction costs, and ...

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