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A model for the global crude oil market using a multi-pool MCP approach
Huppmann, Daniel; Holz, Franziska - 2009
This paper proposes a partial equilibrium model to describe the global crude oil market. Pricing on the global crude oil market is strongly influenced by price indices such as WTI (USA) and Brent (Northwest Europe). Adapting an approach for pool-based electricity markets, the model captures the...
Persistent link: https://www.econbiz.de/10010271092
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The world gas market in 2030: development scenarios using the world gas model
Huppmann, Daniel; Egging, Ruud; Holz, Franziska; … - 2009
In this paper, we discuss potential developments of the world natural gas industry at the horizon of 2030. We use the … World Gas Model (WGM), a dynamic, strategic representation of world natural gas production, trade, and consumption between … 2005 and 2030. We specify a base case which defines the business-as-usual assumptions based on forecasts of the world …
Persistent link: https://www.econbiz.de/10010274288