| Analysis | 2 July 2012 |
The four great challenges for the European gas market
By Kirsten Westphal
The transition to a new regulatory regime has left the European gas market in an extremely vulnerable position. Liberalisation has destroyed old certainties while new structures are not yet in place, undermining Europe's security of gas supply. Kirsten Westphal, Senior Researcher at the German Institute for International and Security Affairs (SWP), identifies four major challenges that market players and policymakers urgently need to address - and gives several recommendations on how to do so. "The market alone will not ensure security of supply."
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