In the 1990s, the European Union and its member states decided to liberalize the energy markets and break down monopolies in the regional markets. In 1998, the first Gas Directive (98/30/EC) was adopted to gradually introduce competition to EU gas markets. The second Gas Directive (2003/55/EC) in 2003 accelerated the movement towards opening gas networks to third parties. According to the second directive, transport networks of gas must be independent from production and supply. It allowed the industrial clients and domestic customers to freely choose their gas suppliers in a competitive market. In July 2009, the EU adopted the third Gas Directive (2009/73/ EC) which aimed to tighten the requirements for separation of networks and to clarify the roles and responsibilities of national regulators to ensure greater transparency in market operations.
|Number of pages||2|
|Publication status||Published - 2018|
|Event||6th IAEE Asian Conference: Energy Exploitation and Cooperation in Asia - China University of Geosciences, Wuhan, China|
Duration: 2 Nov 2018 → 4 Nov 2018
|Conference||6th IAEE Asian Conference|
|Period||2/11/18 → 4/11/18|
Broadstock, D., LI, R., & Wang, L. (2018). Market Reforms and the Integration of EU Natural Gas Markets. 1-2. Paper presented at 6th IAEE Asian Conference, Wuhan, China. http://www.iaee.org/proceedings/article/15580