Abstract
Over a period of 20 years natural gas has become one of the major sources of energy supply for European households, business and utilities. The overall share of natural gas in the energy use in Europe has increased from somewhat above 3% in 1966 to just over 15% in 1986. Whether this expansion should be considered as fast or slow is a contested issue. According to critical observers such as, for example, Odell (1988) and Adelmanet al.(1986), the expansion has been far too slow as a combined result of unrealistic pricing policies of the producing companies, monopolistic practices in transmission and distribution, misperception of the natural gas supply situation in Europe and various institutional constraints.
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Bjerkholt, O., Gjelsvik, E., Olsen, Ø. (1990). The Western European gas market: deregulation and supply competition. In: Bjerkholt, O., Olsen, Ø., Vislie, J. (eds) Recent Modelling Approaches in Applied Energy Economics. International Studies in Economic Modelling. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-3088-2_1
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DOI: https://doi.org/10.1007/978-94-011-3088-2_1
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