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Title:
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Safeguarding public values in gas infrastructure expansion
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Author(s):
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Published by:
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Publication date:
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ECN
Policy Studies
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19-2-2007
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ECN report number:
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Document type:
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ECN-M--07-046
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Conference Paper
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Number of pages:
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Full text:
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21
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Download PDF
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Presented at: 30th IAEE International Energy Conference, Wellington, New Zealand, 18-21 februari 2007.
Abstract:
The realisation of new gas infrastructure projects affects overall gas market performance with respect to the public values of affordability and security of supply. However, the actual contribution of a gas infrastructure expansion project to system affordability and security of
supply depends upon the institutional design of the market (legislation, regulatory codes and arrangements, market rules, etc.). In this paper we link the institutional design applicable to two specific gas infrastructure projects with the safeguarding of the aforementioned public values.
We conclude that path dependencies can cause large differences in the contribution of the projects to the safeguarding of public values.
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