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Natural gas infrastructure and supply patterns in Eastern Europe : Trends and policies

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OSIČKA Jan OCELÍK Petr

Rok publikování 2017
Druh Článek v odborném periodiku
Časopis / Zdroj Energy Sources, Part B : Economics, Planning, and Policy
Fakulta / Pracoviště MU

Fakulta sociálních studií

Citace
www http://www.tandfonline.com/doi/full/10.1080/15567249.2015.1136971
Doi http://dx.doi.org/10.1080/15567249.2015.1136971
Obor Politologie a politické vědy
Klíčová slova Eastern Europe; Gazprom; hub trading; interconnectors; market design; natural gas
Popis In this article we focus on the interconnection of the natural gas infrastructure in Eastern Europe. We identify three distinct factors that together deeply influenced the contemporary trends at the regional gas market: the gas crises at the security level, the European energy policy at the policy level, and the unconventional revolution at the economics level. Within this framework, we analyze the contemporary infrastructure development and its contribution to the change in the market design from bilateral long-term arrangements toward hub-based short-term trading. Finally, we elaborate on the additional obstacles that slow down this market transformation as well as identify its “winners” and “losers”.
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