Asymmetric regulation measures in the European gas sector

Like most of the privatized utilities, the gas market needs to be regulated in order for the positive benefits of competition to fully develop. In addition to the issues of eligibility and access, the regulators have had to deal with several other obstacles, and among other things have raised questions concerning the supply of gas. Asymmetric regulation (release gas and market share reduction measures) is one of the possible responses, making it possible to facilitate access to both resources and consumers. The British regulator was the first to introduce this type of regulation during the 1990's. More recently, Spain and Italy have also adopted it. Although we can find a number of similarities in the causes justifying the use of such regulation, the results obtained vary from one country to another. It appears that they are dependent upon a number of variables including: the existence of national production, the structure of the gas market and finally the level of penetration and growth of gas in various business sectors. (authors)