Publication:
Natural Gas Markets in the U.K. : Competition, Industry Structure, and Market Power of the Incumbent

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dc.contributor.authorJuris, Andrej
dc.date.accessioned2012-08-13T15:23:49Z
dc.date.available2012-08-13T15:23:49Z
dc.date.issued1998-03
dc.description.abstractThe deregulation of the U.K. natural gas industry has facilitated new entry and competition in almost all segments of the industry except pipeline transportation. The new regulatory framework, developed largely by the Office of Gas Regulation (Ofgas), has allowed market forces to stimulate a variety of specialized services and market transactions to meet customer needs. But the entire process has been difficult because of a flaw in the initial industry structure: the government privatized British Gas as a vertically integrated company. The U. K. experience shows that leaving gas supply integrated with pipeline transportation and tying up gas in long-term contracts impede competition. This Note reviews the U.K. reform and the development of new spot, on-system, and "Flexibility Mechanism" markets.en
dc.identifierhttp://documents.worldbank.org/curated/en/1998/03/693689/natural-gas-markets-uk-competition-industry-structure-market-power-incumbent
dc.identifier.doi10.1596/11560
dc.identifier.urihttps://hdl.handle.net/10986/11560
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesViewpoint: Public Policy for the Private Sector; Note No. 138
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBILATERAL CONTRACTS
dc.subjectGAS
dc.subjectGAS COMPANY
dc.subjectGAS CONTRACTS
dc.subjectGAS INDUSTRY
dc.subjectGAS MARKET
dc.subjectGAS MARKETS
dc.subjectGAS PIPELINE
dc.subjectGAS PRICES
dc.subjectGAS PRODUCTION
dc.subjectGAS REGULATION
dc.subjectGAS SALES
dc.subjectGAS SECTOR
dc.subjectGAS SUPPLIERS
dc.subjectGAS SUPPLIES
dc.subjectGAS SUPPLY
dc.subjectGAS TRADING
dc.subjectGAS TRANSACTIONS
dc.subjectGAS TRANSPORTATION
dc.subjectNATURAL GAS
dc.subjectNATURAL GAS CONTRACTS
dc.subjectNATURAL GAS INDUSTRY
dc.subjectNATURAL GAS MARKETS
dc.subjectNATURAL GAS SUPPLY
dc.subjectOIL
dc.subjectOIL COMPANIES
dc.subjectPETROLEUM
dc.subjectPIPELINE
dc.subjectPIPELINE NETWORK
dc.subjectPIPELINE SYSTEM
dc.subjectPIPELINE TRANSPORTATION
dc.subjectPIPELINES
dc.subjectSPOT MARKET
dc.subjectSPOT MARKETS NATURAL GAS
dc.subjectGAS UTILITIES
dc.subjectDEREGULATION
dc.subjectPIPELINES
dc.subjectPIPELINE TRANSPORT
dc.subjectCONSUMER DEMAND
dc.subjectMARKET COMPETITION
dc.titleNatural Gas Markets in the U.K. : Competition, Industry Structure, and Market Power of the Incumbenten
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crosscuttingsolutionareaClimate Change
okr.date.doiregistration2025-04-29T09:33:24.173439Z
okr.doctypePublications & Research::Viewpoint
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/1998/03/693689/natural-gas-markets-uk-competition-industry-structure-market-power-incumbent
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeWater
okr.globalpracticeEnergy and Extractives
okr.guid481551468781778552
okr.identifier.externaldocumentum090224b0854e3728_2_0
okr.identifier.internaldocumentum693689
okr.identifier.report17547
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/1998/03/01/000009265_3980513111839/Rendered/PDF/multi_page.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryUnited Kingdom
okr.sectorFinance
okr.topicEnergy::Energy Trade
okr.topicOil and Gas
okr.topicWater Resources::Water and Industry
okr.topicOil Refining and Gas Industry
okr.topicEnvironment::Carbon Policy and Trading
okr.topicIndustry
okr.unitFinancial Sctr Operations & Pol (OPD)
okr.volume1 of 1
relation.isSeriesOfPublication1067ecbf-b217-4376-a77e-64594be2b212
relation.isSeriesOfPublication.latestForDiscovery1067ecbf-b217-4376-a77e-64594be2b212
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