The Spanish Gas and Electricity Sector: Regulation, Markets and Environmental Policies

IESE Business School Reports of the Public-Private Sector Research Center N. 5

184 Pages Posted: 18 Dec 2016

See all articles by Giulio Federico

Giulio Federico

Chief Economist Team, DG Competition, European Commission

Date Written: November 1, 2010

Abstract

The European and Spanish gas and electricity markets are characterised by major policy challenges due to the complex and strategic nature of these markets. Public policy issues that are at stake in these markets include the challenge of introducing effective competition and regulation to ensure that market outcomes are competitive and the European market is successfully integrated; the need to manage the high levels of dependency of European energy markets on external sources of input (especially gas); and the difficulties posed by the transition to a more sustainable model in line with current European and global environmental objectives. This report seeks to contribute to the analysis of some of these issues, with specific attention paid to the competitive segments of the Spanish gas and electricity markets (i.e. gas procurement, electricity generation and the respective retail markets), and special emphasis placed on environmental issues.

Suggested Citation

Federico, Giulio, The Spanish Gas and Electricity Sector: Regulation, Markets and Environmental Policies (November 1, 2010). IESE Business School Reports of the Public-Private Sector Research Center N. 5, Available at SSRN: https://ssrn.com/abstract=2883869 or http://dx.doi.org/10.2139/ssrn.2883869

Giulio Federico (Contact Author)

Chief Economist Team, DG Competition, European Commission ( email )

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