Regulation in New Natural Gas Markets : The Northern Ireland Experience
So far gas market liberalization has generally occurred in mature markets-particularly where much of the pipeline system has already been laid, as in Argentina, Britain, and the United States. In these cases a competitive structure is appropriate....
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1999/04/692837/regulation-new-natural-gas-markets-northern-ireland-experience http://hdl.handle.net/10986/11489 |
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okr-10986-114892021-06-14T11:03:30Z Regulation in New Natural Gas Markets : The Northern Ireland Experience Lehmann, Peter NATURAL GAS MARKET LIBERALIZATION NORTHERN IRELAND GAS MARKET REGULATORY FRAMEWORK GAS PIPELINE PIPELINE TRANSPORT TRANSPORT COSTS GAS SUPPLY COMPETITIVENESS GAS PRICES GAS INDUSTRY RESIDENTIAL AREAS COAL CONSTRUCTION FUEL FUEL PRICES FUELS GAS GAS AND ELECTRICITY GAS INDUSTRIES GAS INDUSTRY GAS MARKET GAS MARKET LIBERALIZATION GAS MARKET REGULATION GAS MARKETS GAS PIPELINE GAS PRICES GAS SALES GAS SUPPLIERS MONOPOLIES NATURAL GAS NATURAL GAS MARKETS OIL PIPELINE PIPELINE CONSTRUCTION PIPELINE SYSTEM PIPELINES PIPES PRESENT VALUE So far gas market liberalization has generally occurred in mature markets-particularly where much of the pipeline system has already been laid, as in Argentina, Britain, and the United States. In these cases a competitive structure is appropriate. In new markets, however, it may be difficult to introduce a competitive regime from the outset, and a different approach and form of regulation, such as a period of exclusive licenses, may be needed. In 1997 the Northern Ireland authorities awarded Phoenix Natural Gas an exclusive license for a limited period to develop a new gas market from scratch in the greater Belfast area. This Note explains the rationale for a period of exclusivity and describes Northern Ireland's approach to gas market regulation. 2012-08-13T15:12:37Z 2012-08-13T15:12:37Z 1999-04 http://documents.worldbank.org/curated/en/1999/04/692837/regulation-new-natural-gas-markets-northern-ireland-experience http://hdl.handle.net/10986/11489 English Viewpoint: Public Policy for the Private Sector; Note No. 179 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research Europe and Central Asia United Kingdom |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
NATURAL GAS MARKET LIBERALIZATION NORTHERN IRELAND GAS MARKET REGULATORY FRAMEWORK GAS PIPELINE PIPELINE TRANSPORT TRANSPORT COSTS GAS SUPPLY COMPETITIVENESS GAS PRICES GAS INDUSTRY RESIDENTIAL AREAS COAL CONSTRUCTION FUEL FUEL PRICES FUELS GAS GAS AND ELECTRICITY GAS INDUSTRIES GAS INDUSTRY GAS MARKET GAS MARKET LIBERALIZATION GAS MARKET REGULATION GAS MARKETS GAS PIPELINE GAS PRICES GAS SALES GAS SUPPLIERS MONOPOLIES NATURAL GAS NATURAL GAS MARKETS OIL PIPELINE PIPELINE CONSTRUCTION PIPELINE SYSTEM PIPELINES PIPES PRESENT VALUE |
| spellingShingle |
NATURAL GAS MARKET LIBERALIZATION NORTHERN IRELAND GAS MARKET REGULATORY FRAMEWORK GAS PIPELINE PIPELINE TRANSPORT TRANSPORT COSTS GAS SUPPLY COMPETITIVENESS GAS PRICES GAS INDUSTRY RESIDENTIAL AREAS COAL CONSTRUCTION FUEL FUEL PRICES FUELS GAS GAS AND ELECTRICITY GAS INDUSTRIES GAS INDUSTRY GAS MARKET GAS MARKET LIBERALIZATION GAS MARKET REGULATION GAS MARKETS GAS PIPELINE GAS PRICES GAS SALES GAS SUPPLIERS MONOPOLIES NATURAL GAS NATURAL GAS MARKETS OIL PIPELINE PIPELINE CONSTRUCTION PIPELINE SYSTEM PIPELINES PIPES PRESENT VALUE Lehmann, Peter Regulation in New Natural Gas Markets : The Northern Ireland Experience |
| geographic_facet |
Europe and Central Asia United Kingdom |
| relation |
Viewpoint: Public Policy for the Private Sector; Note No. 179 |
| description |
So far gas market liberalization has
generally occurred in mature markets-particularly where much
of the pipeline system has already been laid, as in
Argentina, Britain, and the United States. In these cases a
competitive structure is appropriate. In new markets,
however, it may be difficult to introduce a competitive
regime from the outset, and a different approach and form of
regulation, such as a period of exclusive licenses, may be
needed. In 1997 the Northern Ireland authorities awarded
Phoenix Natural Gas an exclusive license for a limited
period to develop a new gas market from scratch in the
greater Belfast area. This Note explains the rationale for a
period of exclusivity and describes Northern Ireland's
approach to gas market regulation. |
| format |
Publications & Research :: Viewpoint |
| author |
Lehmann, Peter |
| author_facet |
Lehmann, Peter |
| author_sort |
Lehmann, Peter |
| title |
Regulation in New Natural Gas Markets : The Northern Ireland Experience |
| title_short |
Regulation in New Natural Gas Markets : The Northern Ireland Experience |
| title_full |
Regulation in New Natural Gas Markets : The Northern Ireland Experience |
| title_fullStr |
Regulation in New Natural Gas Markets : The Northern Ireland Experience |
| title_full_unstemmed |
Regulation in New Natural Gas Markets : The Northern Ireland Experience |
| title_sort |
regulation in new natural gas markets : the northern ireland experience |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1999/04/692837/regulation-new-natural-gas-markets-northern-ireland-experience http://hdl.handle.net/10986/11489 |
| _version_ |
1764416919579918336 |