SPM9541. Electricity and Gas: Market Design and Policy Issues. European gas and electricity markets have largely been liberalized. Due to the specific physical characteristics and public interest aspects of electricity and gas, and to the fact that the networks continue to be natural monopolies,...

SPM9541. Electricity and Gas: Market Design and Policy Issues. European gas and electricity markets have largely been liberalized. Due to the specific physical characteristics and public interest aspects of electricity and gas, and to the fact that the networks continue to be natural monopolies,...

SPM9541. Electricity and Gas: Market Design and Policy Issues. European gas and electricity markets have largely been liberalized. Due to the specific physical characteristics and public interest aspects of electricity and gas, and to the fact that the networks continue to be natural monopolies,...