The Gas Target Model for the Visegrad 4 Region

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1. Verfasser: Ascari, Sergio (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Warszawa [Poland] Ośrodek Studiów Wschodnich im. Marka Karpia 2013
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500 |a The similarity of issues and geographical proximity have led the Visegrad 4 countries (V4) to undertake closer collaboration in natural gas policy, notably by agreeing on a common security of supply strategy, including regional emergency planning, and a common implementation of the Gas Target Model (GTM) that European regulators have proposed for the medium-long term design of the EU gas market, and which has been endorsed by the Madrid Regulatory Forum. As a contribution to this collaboration, the present paper will analyse how the GTM may be implemented in the V4 region, with a view to maximize the benefits that arise from joint implementation. A most relevant conclusion of the GTM is that markets should be large enough to attract market players and investments, so that sufficient diversity of sources may be reached and market power indicators are kept below dangerous levels. In most cases, this requires physical and/or virtual interconnection of present markets, which is also useful to achieve the required security of supply standards, as envisaged in the Regulation 994/2010/EC. 
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spelling Ascari, Sergio Verfasser aut
The Gas Target Model for the Visegrad 4 Region Sergio Ascari
Warszawa [Poland] Ośrodek Studiów Wschodnich im. Marka Karpia 2013
Frankfurt M. CEEOL 2013
1 Online-Ressource (1 p. 78)
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The similarity of issues and geographical proximity have led the Visegrad 4 countries (V4) to undertake closer collaboration in natural gas policy, notably by agreeing on a common security of supply strategy, including regional emergency planning, and a common implementation of the Gas Target Model (GTM) that European regulators have proposed for the medium-long term design of the EU gas market, and which has been endorsed by the Madrid Regulatory Forum. As a contribution to this collaboration, the present paper will analyse how the GTM may be implemented in the V4 region, with a view to maximize the benefits that arise from joint implementation. A most relevant conclusion of the GTM is that markets should be large enough to attract market players and investments, so that sufficient diversity of sources may be reached and market power indicators are kept below dangerous levels. In most cases, this requires physical and/or virtual interconnection of present markets, which is also useful to achieve the required security of supply standards, as envisaged in the Regulation 994/2010/EC.
Energy and Environmental Studies
Economic policy
Developing nations
EU-Accession / EU-DEvelopment
Geopolitics
Central and Eastern European Online Library Sonstige oth
spellingShingle Ascari, Sergio
The Gas Target Model for the Visegrad 4 Region
Energy and Environmental Studies
Economic policy
Developing nations
EU-Accession / EU-DEvelopment
Geopolitics
title The Gas Target Model for the Visegrad 4 Region
title_auth The Gas Target Model for the Visegrad 4 Region
title_exact_search The Gas Target Model for the Visegrad 4 Region
title_exact_search_txtP The Gas Target Model for the Visegrad 4 Region
title_full The Gas Target Model for the Visegrad 4 Region Sergio Ascari
title_fullStr The Gas Target Model for the Visegrad 4 Region Sergio Ascari
title_full_unstemmed The Gas Target Model for the Visegrad 4 Region Sergio Ascari
title_short The Gas Target Model for the Visegrad 4 Region
title_sort the gas target model for the visegrad 4 region
topic Energy and Environmental Studies
Economic policy
Developing nations
EU-Accession / EU-DEvelopment
Geopolitics
topic_facet Energy and Environmental Studies
Economic policy
Developing nations
EU-Accession / EU-DEvelopment
Geopolitics
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