As a response to the Russian dominance of the EU's natural gas supplies and the EU's increasing gas demands, major gas pipeline projects are currently under way to enhance the EU's energy supply security. Oftentimes to raise financing and to allocate gas transportation capacities, auctions are...

Competition in the European electricity markets is stagnating. To intensify cross-border competition, many experts and publications by the European Commission and other European organisations call for extensions of cross-border transmission lines. Yet, the arguments for conducting these...