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Natural gas markets have undergone momentous changes, worldwide.
This book updates and expands on the dynamics, performance and
forward path of expanding natural gas use in the US and worldwide,
including international trade. It brings together major research
themes and findings with recent updates and analysis of new trends
and developments. It also explores many considerations for natural
gas market development, such as the importance of infrastructure,
transparent pricing, and institutional capacity. This book is
unique in providing background on the full natural gas value chain
as well as information and analysis that can foster
scenario-building and decision-making. Of particular value are the
lessons learned and demonstrated for those countries that aspire to
build effective natural gas markets and to expand natural gas
development and use.
Natural gas markets have undergone momentous changes, worldwide.
This book updates and expands on the dynamics, performance and
forward path of expanding natural gas use in the US and worldwide,
including international trade. It brings together major research
themes and findings with recent updates and analysis of new trends
and developments. It also explores many considerations for natural
gas market development, such as the importance of infrastructure,
transparent pricing, and institutional capacity. This book is
unique in providing background on the full natural gas value chain
as well as information and analysis that can foster
scenario-building and decision-making. Of particular value are the
lessons learned and demonstrated for those countries that aspire to
build effective natural gas markets and to expand natural gas
development and use.
Turkey has been reforming its energy markets since the 1980s,
culminating in two major bills in the early 2000s. The country has
restructured electricity and natural gas markets, establishing an
independent regulatory agency (EMRA) and passed legislation on
renewable and nuclear energy. With these regulatory reforms,
Turkey, as a candidate country for accession to the European Union
(EU), has aimed to direct the energy markets to a more competitive
environment in parallel with EU energy directives. This book
contains an analysis of regulatory reforms in Turkish energy
markets (electricity, natural gas, renewable and nuclear energy),
the impact of these reforms on country's energy portfolio and role
in global energy trade, especially between the EU, the Caspian,
Caucasus, and Central Asia. Finally, the book concludes with
recommendations for Turkish energy policy. The authors are expert
scholars who have written extensively on Turkish regulatory reform
and energy economics and who have broad knowledge of global energy
market dynamics. The book will be a unique guide for those
concerned with the different areas of the Turkish economy and
international audiences interested in energy markets of Turkey and
surrounding regions, making the book of interest to not only
researchers in academia but also industry practitioners, regulators
and policy makers as well.
Turkey has been reforming its energy markets since the 1980s,
culminating in two major bills in the early 2000s. The country has
restructured electricity and natural gas markets, establishing an
independent regulatory agency (EMRA) and passed legislation on
renewable and nuclear energy. With these regulatory reforms,
Turkey, as a candidate country for accession to the European Union
(EU), has aimed to direct the energy markets to a more competitive
environment in parallel with EU energy directives. This book
contains an analysis of regulatory reforms in Turkish energy
markets (electricity, natural gas, renewable and nuclear energy),
the impact of these reforms on country's energy portfolio and role
in global energy trade, especially between the EU, the Caspian,
Caucasus, and Central Asia. Finally, the book concludes with
recommendations for Turkish energy policy. The authors are expert
scholars who have written extensively on Turkish regulatory reform
and energy economics and who have broad knowledge of global energy
market dynamics. The book will be a unique guide for those
concerned with the different areas of the Turkish economy and
international audiences interested in energy markets of Turkey and
surrounding regions, making the book of interest to not only
researchers in academia but also industry practitioners, regulators
and policy makers as well.
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