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The EU Gas Purchasing Mechanism: A Game-Changer or a Storm in a Teacup?
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The EU Gas Purchasing Mechanism: A Game-Changer or a Storm in a Teacup?

Chloé Le Coq and Elena Paltseva
FREE Network Policy Brief Series, Forum for Research on Eastern Europe and Emerging Economies (FREE) Network
2023-11

Abstract

Energy and Environment
Marking a milestone in the tumultuous journey towards a unified energy policy, the European Union (EU) member states have initiated joint procurement of a portion of their gas consumption. This coordinated effort has been facilitated through a gas purchasing mechanism, the AggregateEU, as of May 2023. In this policy brief we discuss the challenges this mechanism faces, given its design characteristics and the altered dynamics of the gas market following the energy crisis.
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