Title:Design of Auctions for Short-Term Allocation in Gas Markets Based on Virtual Hubs
Author(s):VAZQUEZ, Miguel; HALLACK, MichelleDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Gas markets based on virtual hubs has been the preferred EU design. Such market designs are based on socializing network flexibility services. Nonetheless, shippers have different preferences about the network flexibility, ...
Title:Building Gas Markets: US versus EU, market versus market model
Author(s):VAZQUEZ, Miguel; HALLACK, Michelle; GLACHANT, Jean-MichelDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract: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 ...
Title:The Gas Transportation Network as a ‘Lego’ Game: How to Play with It?
Author(s):GLACHANT, Jean-Michel; HALLACK, MichelleDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Gas transportation networks exhibit a quite substantial variety of technical and economical properties
ranges roughly from an entrenched natural monopoly to near to an open competition platform. This
empirical fact is ...