Charting the Gaps: EU regulation of gas transmission tariffs in the Netherlands and the UK

After over a decade of politically sensitive regulatory development regarding third party access tariffs, cost-reflectivity became the European tariffication principle and entry–exit the structure of choice. The Netherlands and the UK are often cited as examples of good implementation of European regulation. This paper analyses the three key regulatory questions that need to be answered: • which costs are reflected • how are they reflected in the total revenue requirement • how is this revenue requirement allocated to shippers This paper then establishes that these questions are answered very... Mehr ...