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Analysis of the Natural Gas Market during the Period of Deregulation - A Comparison of Selected European Countries
Mirková, Barbora ; Mikolášek, Jakub (advisor) ; Princ, Michael (referee)
The liberalization of gas markets is in the European Union and especially in its new Member States a current topic. This thesis is devoted to a comparison of the liberalization processes in three Central European countries - the Czech Republic, Slovakia and Poland. The thesis first introduces the concepts of public and natural monopolies, the specific characteristics of gas markets and the legislation of the European Union that underlies the liberalization. Further, the thesis takes a close look at the developments in the gas markets of the three countries. The focus lies mainly on the national legislation, opening of demand side and changes in the market structure, including unbundling, new entrants and supplier switching. The final chapter of the thesis analyzes and compares the progress in liberalization of the individual markets by calculating the market concentrations using the Herfindahl-Hirschman index.
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Analysis of the Natural Gas Market during the Period of Deregulation - A Comparison of Selected European Countries
Mirková, Barbora ; Mikolášek, Jakub (advisor) ; Princ, Michael (referee)
The liberalization of gas markets is in the European Union and especially in its new Member States a current topic. This thesis is devoted to a comparison of the liberalization processes in three Central European countries - the Czech Republic, Slovakia and Poland. The thesis first introduces the concepts of public and natural monopolies, the specific characteristics of gas markets and the legislation of the European Union that underlies the liberalization. Further, the thesis takes a close look at the developments in the gas markets of the three countries. The focus lies mainly on the national legislation, opening of demand side and changes in the market structure, including unbundling, new entrants and supplier switching. The final chapter of the thesis analyzes and compares the progress in liberalization of the individual markets by calculating the market concentrations using the Herfindahl-Hirschman index.
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Legal aspects of network industries and natural monopolies
Šik, Martin ; Handrlica, Jakub (advisor) ; Eichlerová, Kateřina (referee)
1 Summary Key words: Natural monopoly, network industry, energy industry, regulation, liberalization, unbundling, third party access The present thesis sets out to explore the legal aspects of network industries and natural monopolies. It researches these aspects using the example of the energy sector (i.e. the power and gas industries), which is a typical example of a network industry. In terms of its geographical scope, the thesis focuses on the EU energy law and its specific application in the Czech Republic. The fundamental point of departure for the present thesis is a believe that energy law is closely intertwined with economic policy, and is appropriately interpreted only in the context of the concrete measures, tools, and concepts meant to reflect a nation's energy policy. The main driver of energy policy, and hence also of energy law, is a reform of the energy industry aiming at its liberalization. The key tools for its successful implementation are economic regulation, third party access, unbundling, and public administration by independent regulatory bodies. Firstly, the present thesis discusses the economic characteristics of network industries, that is most importantly the existence of a natural monopoly. The second part of the thesis outlines the background of liberalization and the related...
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