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Removing cross-border capacity bottlenecks in the European natural gas market: a proposed merchant-regulatory mechanism
(Centro de Investigación y Docencia Económicas, División de Economía, 2011)
We propose a merchant-regulatory framework to promote investment in the European natural-gas network infrastructure based on a price cap over two-part tariffs. As suggested by Vogelsang (2001) and Hogan et al., (2010), a ...