IDEAS home Printed from https://ideas.repec.org/a/brc/journl/v33y2016i3p42-48.html
   My bibliography  Save this article

Impact On Liberalisation Natural Gas Prices In The European Union

Author

Listed:
  • Mihaela, IONESCU SAS

    (Oradea University, Graduate School of Social Sciences, Department of Economics)

Abstract

This article is part two of a study on energy market liberalization in the European Union. In order to harmonize and liberalize the internal market in natural gas in the European Union, over 15 were adopted three legislative packages successive measures which address market access, transparency and regulation, consumer protection, supporting interconnection and adequate levels of supply. From a macroeconomic perspective empirical evidence suggests that the liberalization of the gas market will bring positive effects in terms of lower prices and better service for consumers. Given the evolution of liberalization, this paper will show that liberalization has not delivered the expected results. European gas market reform was followed by a double approach. First, in accordance with EU directives, Member States were required to take at least a minimum set of key measures for the liberalization of national markets. Secondly, the European Commission has promoted efforts to improve the interfaces between national markets by improving cross-border trading rules.

Suggested Citation

  • Mihaela, IONESCU SAS, 2016. "Impact On Liberalisation Natural Gas Prices In The European Union," Management Strategies Journal, Constantin Brancoveanu University, vol. 33(3), pages 42-48.
    • Handle: RePEc:brc:journl:v:33:y:2016:i:3:p:42-48
    as

    Download full text from publisher

    File URL: http://www.strategiimanageriale.ro/papers/160305.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    European Directive; internal energy market; price; vulnerable consumer;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:brc:journl:v:33:y:2016:i:3:p:42-48. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dan MICUDA (email available below). General contact details of provider: http://www.univcb.ro/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.