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The US shale gas revolution has caused a substantial decline of US dependency on natural gas imports and has led to a significant decrease of spot prices for natural gas at Henry Hub. Given that the recent LNG development has been largely oriented towards the US market, this was the major reason...
Persistent link: https://www.econbiz.de/10013101084
Rapidly evolving technologies and services have ignited a shale gas revolution in the United States. In April 2011, an initial assessment by the U.S. Energy Information Administration (EIA) revealed that shale gas is a “global phenomenon,” and many countries want to use more natural gas to...
Persistent link: https://www.econbiz.de/10013101087
This article uses graph theory to provide novel evidence regarding market integration, a favorable condition for systemic risk to appear in. Relying on daily futures returns covering a 12-year period, we examine cross- and inter-market linkages, both within the commodity complex and between...
Persistent link: https://www.econbiz.de/10013108879
Gas is an interesting example in which the market structure cannot be derived from pure economic aspects. Due to huge required investments, substantial transport costs and large heterogeneity in gas deposits and major consumption areas geography is very important. Politics also plays an...
Persistent link: https://www.econbiz.de/10013039102
Due to low natural gas prices and the environmental advantages of natural gas combined cycle (NGCC) compared to coal, NGCC is replacing coal generators as the inframarginal providers of electricity. However, on average, NGCCs are running only 54 percent of the time. Utilizing excess NGCC...
Persistent link: https://www.econbiz.de/10012844102
cost economics analysis, I deduce the importance of pipeline network plans …
Persistent link: https://www.econbiz.de/10012955579
Despite its importance for policy purposes (including climate policy and the energy transition), the literature on the price elasticity of natural gas demand in the residential sector is very limited and based on inference from situations with modest variation in prices. We focus on a locale and...
Persistent link: https://www.econbiz.de/10012890205
The current 13th Five-Year Plan endorses the use of natural gas to achieve a cleaner energy mix. The objective of this research is to examine household natural gas demand and provide insights to natural gas exporters. Research on natural gas demand and cycles in China is valuable, because small...
Persistent link: https://www.econbiz.de/10012899625
production, but the growth has come with environmental and public infrastructure costs. States have been slow to introduce taxes …
Persistent link: https://www.econbiz.de/10012968354
Saudi Arabia expects to double its natural gas production within the next decade. This increased domestic supply is … Saudi Arabia under different scenarios: with and without LNG imports allowed, and under low and high domestic gas production …, we show that in the case of high gas production, storage capacity would be built to bypass the transport limit for gas …
Persistent link: https://www.econbiz.de/10012859503