Building a European Energy Market

Aug 18, 2015 | 09:00 GMT

The European Union has long sought to model its energy market after that of the United States. Its goal is to create a unified market with consistent laws and sufficient transit capacity to prevent large pricing differences across the bloc. In practice, such a market would enable European consumers that manage to secure a favorable price for Russian natural gas, such as Germany, to then sell that natural gas to other EU members that are unable to get a good deal, such as Bulgaria. ...

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