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Fundamental definitions and history of the energy sector in Europe

Study material for Energy Economics, shared by the Studwiz community and reviewed by moderators.

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1 ENERGY ECONOMICS 7 – 11 March 2016  FUNDAMENTAL DEFINITI ONS  BRIEF HISTORY OF THE ENERGY SECTOR IN EUROPE 2 Summary FUNDAMENTAL DEFINITIONS: PRODUCT, SUPPLY CHAIN, INDUSTRIAL SECTOR. ................................. 3 PRODUCT ................................................................................................................................................ 3 SUPPLY CHAIN ....................................................................................................................................... 4 ELECTRICITY SUPPLY CHAIN ............................................................................................................. 4 DEMAND PROFILES ............................................................................................................................ 6 NATURAL GAS SUPPLY CHAIN ........................................................................................................... 7 INDUSTRIAL SECTOR ............................................................................................................................. 9 ELECTRICITY INDUSTRIAL SECTOR .................................................................................................. 10 BRIEF HISTORY OF THE ENERGY SECTOR IN EUROPE ............................................................................ 11 1st ENERGY PACKAGE (1996 – 1998) ...................................................................................................... 11 2nd ENERGY PACKAGE (2003) ................................................................................................................ 12 SECTOR INQUIRY .................................................................................................................................. 13 3rd ENERGY PACKAGE…

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