ENGLISH

Politics, Markets and EU Gas Supply Security: Case Studies of the UK and Germany

By Sandu-Daniel Kopp (auth.)

Book information

Publisher
VS Verlag für Sozialwissenschaften
Year
2015
ISBN
978-3-658-08323-6, 978-3-658-08324-3
DOI
10.1007/978-3-658-08324-3
Language
english
Format
PDF
Filesize
8 MB (8440321 bytes)
Series
Energiepolitik und Klimaschutz. Energy Policy and Climate Protection
Edition
1
Pages
312\324
Time added
2015-02-17 02:00:00
Economics and Management; Political Economy; ClimaEnergy Policy

Description

Sandu-Daniel Kopp investigates whether carbon reduction targets are compatible with market-driven competition in gas (and power) industries, and whether security of supply is compatible with competitive markets. He examines the policy trade-offs which need to be made between the three different elements, and whether these policy judgements should be economically or politically based. The analysis shows the need for a complex set of politically determined options to protect (competitive) markets from price risks and emergency events and demonstrates that this has thus far failed the policy test. Overall, the author argues that the three major elements of EU energy policy are incompatible in important respects and thereby challenges much of the conventional wisdom of EU and Member State policies of the past decade.

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