Europe's growing gas business

European national gas markets are on the brink of liberalization. By August, new European Union gas policies will take effect to facilitate competition, bring down energy prices and improve environmental conditions there. In essence, the European Union directive would require its members to open the...

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Bibliographic Details
Published inUtility Business Vol. 3; no. 6; p. 45
Main Author Silverstein, Ken
Format Trade Publication Article
LanguageEnglish
Published Overland Park Endeavor Business Media 01.06.2000
Subjects
Competition
Consumers
Deregulation
Energy prices
Free markets
Gasoline prices
Infrastructure
Liberalization
Natural gas industry
Natural gas prices
Natural gas reserves
Natural gas utilities
Privatization
Regulation
Securities markets
Suppliers
Tariffs
Transportation services
Europe
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Summary:European national gas markets are on the brink of liberalization. By August, new European Union gas policies will take effect to facilitate competition, bring down energy prices and improve environmental conditions there. In essence, the European Union directive would require its members to open their transmission and distribution lines to third parties, which would allow consumers to choose from among a variety of suppliers. If the UK and the US are any indication, the process can get messy, but the end result will likely be positive.
ISSN:1097-6981