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Law and Policy of the European Gas Market

Monica Waloszyk, Centre for Energy Law, University of Aberdeen, UK
Law and Policy of the European Gas Market explores the law and politics of the EU gas market and in particular, the regulatory and competitive choices of institutions and bodies operating on the market, with a view to achieving a higher level of market integration. The book firstly addresses the latest stage in the EU gas market regulatory reform, while critically interpreting the preliminary effects of this reform. Secondly, it provides a comprehensive analysis of the topic due to the fact that it draws both on legislative and political science approaches. Monica Waloszyk concentrates on the latest legal developments on the EU gas market, while taking into consideration the geopolitical environment surrounding and fuelling such developments. Her insightful conclusions contribute to the discussion of the reassessment of the concurrent application of competition law and regulation in the EU gas market.
Extent: 384 pp
Hardback Price: $150.00 Web: $135.00
Publication Date: 2014
ISBN: 978 1 78347 346 5
Availability: In Stock
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  • Economics and Finance
  • Energy Economics
  • Environment
  • Energy Policy and Regulation
  • Law - Academic
  • Energy Law
  • European Law
  • Regulation and Governance
Law and Policy of the European Gas Market examines the regulatory and competitive choices of institutions and bodies operating within the EU gas market, with a view to achieving a higher level of market integration. Offering an in-depth analysis of the design, structure and functioning of the EU gas market, the book considers the most recent European legal developments associated with this market and places them in their respective geopolitical context.

This timely book contributes to the discussion surrounding the concurrent application of competition law and regulation on the EU gas market. It also provides a unique critique of the way in which competition law is used, mainly through the European Commission’s so-called “commitments practice”, while looking at consumer protection and the effects of such practice on third-country transmission system operators.

This book provides a unique reassessment of the role played by sector-specific regulation in achieving gas market integration and will therefore prove a valuable resource for gas market participants, policy makers and lawyers in the field. It will also be of great use to students, academics and researchers interested in the latest legislative reform of the EU gas market or ‘the Third Energy Package’.

'Addressing institutions and laws for European gas market integration, Waloszyk's work is a very useful study of a complex energy sub-market. It offers a transparent, systematic ordering of actors and interests – suppliers, distributors, consumers, the EU, Member States, non-EU states – and covers energy relations, market design, and regulatory choice. Her mainly legal focus incorporates diverse policy, (geo-)political and economic reflections in a solid, thoughtful, interesting, highly readable treatment, valuable to many actors in this area of EU policy.'
– Gerard C. Rowe, Europa-Universitaet Viadrina, Germany

‘It is rare to find an analysis as clear-sighted of the energy market regulation in Europe taking into account legal, regulatory and (geo-)political aspects. Congratulations to this contribution to the debate about regulating energy markets in the future.’
– Herwig C. H. Hofmann, Professor of European and Transnational Public Law

‘Overall, the book presents valuable insights into the EU gas market and its continuous progression towards complete integration. Waloszyk’s holistic approach and her well-informed critique engages with the topic well and makes her work highly relevant to both academia and industry.’
– Alexander Wilk, Utilities Law Review
Contents: 1. Introduction 2. The specifics of the EU gas market 3. Setting of relationships with natural gas producers 4. EU gas market structure 5. Defining and assessing the current EU gas market design 6. Integration of the EU gar market through administrative bodies 7. Conclusion Bibliography Annex I: Legislation applicable to the EU gas market Annex II: Case Law Index