Estimation of the efficiency of policy measures targeting a more integrated gas market

摘要

1.The study allowed us to estimate the efficiency of a policy measure targeting a more integrated gas market using spatial equilibrium framework.2.A parity bounds model is applied to measure the impact on spatial efficiency of the market of a policy decision to merge two gas trading zones in the South of France.3.The model shows increased market integration and improved market efficiency after the policy implementation.4.The analysis of the infrastructure load rate indicatesan increase in liquidity on the market and an improvement in the efficiency of the infrastructure use.