What is it about?

We study how overbidding affects AggregateEU, the EU’s joint gas-purchasing platform. It can help buyers and sellers find each other, but can also reduce actual trade and market efficiency.

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Why is it important?

AggregateEU may shape how Europe secures gas. If its design encourages overbidding, it can create misleading matches and even reduce actual trade. Understanding this helps improve future EU energy purchasing.

Perspectives

A smarter mechanism is necessary to keep the benefits but overcome the inefficiency of the mechanism.

Dr László Á Kóczy
Hungarian Academy of Sciences, Centre for Economics and Regional Studies

Read the Original

This page is a summary of: A Model-Based Analysis of the AggregateEU Mechanism: Implications of Overbidding and Non-Commitment, The Energy Journal, July 2026, SAGE Publications,
DOI: 10.1177/01956574261460196.
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