We propose a model of seasonal gas markets which is flexible enough to include supply and demand shocks while also considering natural gas as an exhaustible resource. Using US data, we estimate the model’s structural parameters and test economically founded restrictions. We analyze,...

This article treats energy taxation principles in the light of the need to optimise supply by non-EU suppliers. Our model distinguishes and evaluates the three terms of an optimum tax: budget, environment and strategy. Their values depend on technological data (output) and habits (consumption)...

Our paper aims at assessing the efficiency of the European coordination in the field of electricity. For that purpose, we develop various indices allowing a comparison of the European countries as regards the adequacy of their performances with main European goals in terms of energy policy...