Some Economics of Seasonal Gas Storage

We propose a model of seasonal gas markets which is flexible enough to include supply and demand shocks while also considering exhaustibility. The relative performances of alternative policies based on price caps and associated measures or tariffs are discussed. We illustrate with structural estimates on US data how this theory can be used to give insights into the intertemporal incidence of policy instruments.

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Year of publication:	2008-07-21
Authors:	Chaton, Corinne ; Creti, Anna ; Villeneuve, Bertrand
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Gas storage \| energy policy \| US

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	L95 - Gas Utilities; Pipelines; Water Utilities ; L71 - Mining, Extraction, and Refining: Hydrocarbon Fuels ; F1 - Trade ; Q43 - Energy and the Macroeconomy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005836750