The Gas Target Model in Central Europe : a study of the V4 Region

dc.contributor.authorASCARI, Sergio
dc.date.accessioned2013-12-09T16:53:06Z
dc.date.available2013-12-09T16:53:06Z
dc.date.issued2013
dc.descriptionQM-AI-13-107-EN-Cen
dc.descriptionQM-AI-13-107-EN-Nen
dc.description.abstract• Due to the small size of their national markets, V4 countries (Czech Republic, Hungary, Poland and Slovakia) should undertake a joint implementation of the Gas Target Model that has been proposed for the European market. • A V4 level implementation would benefit from current interconnection plans and allow improved competition and liquidity, and a better exploitation of new market opportunities. • Joint V4 implementation proposals would be more likely to succeed if in line with private development interests and with other initiatives undertaken in the wider Central and Eastern Europe. • Theoretical available models span from a single price and balancing zone, to a single price zone with separate balancing areas (trading region), to market coupling and to independent connection to an external liquid market. • In practice, theoretical models are not mutually exclusive. The trading region between Austria, Czech Republic and Slovakia could be accompanied by transitional market coupling with Hungary and Poland, with a view to full integration. • Timely completion of interconnection plans and harmonised implementation of European Network Codes would underpin the process; on the contrary, single-handedly customer protection measures may hamper market development and integration. • Institutional development should be minimised and existing or market-driven forms of coordination should be preferred. Further TSO collaboration is likely, and could lead to alliances, as recently experienced by other European TSOs.en
dc.format.mimetypeapplication/pdf
dc.identifier.citationFlorence : European University Institute, 2013en
dc.identifier.issn1977-3919
dc.identifier.urihttps://hdl.handle.net/1814/28997
dc.language.isoenen
dc.relation.ispartofseriesFlorence School of Regulationen
dc.relation.ispartofseries2013/07en
dc.relation.ispartofseriesPolicy Briefsen
dc.relation.ispartofseriesEnergyen
dc.relation.ispartofseriesGasen
dc.relation.urihttp://fsr.eui.euen
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.titleThe Gas Target Model in Central Europe : a study of the V4 Regionen
dc.typeOtheren
dspace.entity.typePublication
eui.subscribe.skiptrue
person.identifier.other37238
relation.isAuthorOfPublicationeedf3530-19a1-44fc-91bc-a17e07f06b29
relation.isAuthorOfPublication.latestForDiscoveryeedf3530-19a1-44fc-91bc-a17e07f06b29
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