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Turkey is a key country in order to realize the Southern Gas Corridor (SGC) due to its geographical location. However, as the main transit country within the SGC, Turkey could potentially exert market power with gas transits. Whether Turkey exerts market power or not, is crucial for an economic...
Persistent link: https://www.econbiz.de/10011713392
Hydrogen is gaining prominence as a critical tool for countries to meet decarbonisation targets. The main production pathways are based on natural gas or renewable electricity. LNG represents an increasingly important component of the global natural gas market. This paper examines synergies and...
Persistent link: https://www.econbiz.de/10012628862
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Greenhouse gas emission reductions are at the centre of national and international efforts to mitigate climate change. In road transportation, many politically incentivised measures focus on increasing the energy efficiency of established technologies, or promoting electric or hybrid vehicles....
Persistent link: https://www.econbiz.de/10009743226
The US and UK markets for natural gas are connected by arbitrage activity in the form of shifting trade volumes of liquefied natural gas (LNG). We empirically investigate the degree of integration between the US and the UK gas markets by using a threshold cointegration approach that is in...
Persistent link: https://www.econbiz.de/10010489124
Der An-und Verkauf von Erdgas an Großhandelsmärkten wird in einem zunehmend liberalisierten Gasmarkt auch in …. Die aktuell in der Realität zu beobachtende hohe Korrelation der europäischen Börsenpreise für Erdgas untereinander kann …. Grund dafür sind Infrastrukturengpässe in Zeiten hoher Nachfrage. -- Erdgas ; Europäischer Gasmarkt ; Erdgaspreise …
Persistent link: https://www.econbiz.de/10003850498
This paper analyses the possible future role that Turkey can play in European natural gas markets. We employ a global gas market simulation model, COLUMBUS, to assess the outcomes of different scenarios concerning natural gas supply routes to Europe through Turkey up to 2030. The results imply...
Persistent link: https://www.econbiz.de/10011581375
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Persistent link: https://www.econbiz.de/10001914034
This paper analyzes the integration of the American, European, and Asian natural gas markets over the period 2016-2022, with a focus on how the demand shock caused by the COVID-19 pandemic and the supply shock caused by geopolitical tensions in the European market affected this integration. We...
Persistent link: https://www.econbiz.de/10014327618