In this important book, notable European experts in the energy field provide valuable perspectives on the principal issues raised by the liberalisation of the electricity and natural gas markets in the EU. The various analyses are collected under four headings: Competition. Even when the market is fully open, substantial impediments to competition remain such as long-term contracts, refusal of access to essential infrastructures, or lack of capacity in interconnectors. This part discusses these deadlocks and suggests possible breakthroughs. Transmission and Trading. This part deals with network access and pricing and energy trading. Third-party access to the network is a critical factor in ensuring a real liberalisation of the market, but
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