Showing 1 - 10 of 4,525
countries, sometimes called GASPEC. We use the World Gas Model, a dynamic, strategic representation of world gas production … withhold production. The results shows that compared to a Base Case, a gas cartel would reduce total supplied quantities and … North America would be affected more than other parts of the world. Lastly, the vulnerability of gas importers worldwide on …
Persistent link: https://www.econbiz.de/10010274286
[Einleitung] Chancen und Risiken der Gewinnung von Erdgas oder -öl aus unkonventionellen Lagerstätten und das dabei zum Einsatz kommende Verfahren des Hydraulic Fracturing (Fracking, deutsch: aufbrechen) werden derzeit in der Politik und Öffentlichkeit intensiv diskutiert. Als...
Persistent link: https://www.econbiz.de/10010320009
The issue of security of gas supplies is frequently discussed on the basis of intuitive and non-systematic arguments. Greater import dependence is normally equated with greater insecurity, and strategic stocks are the risk management tool most commonly considered. This paper strives to offer a...
Persistent link: https://www.econbiz.de/10011324989
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
Persistent link: https://www.econbiz.de/10013168611
Persistent link: https://www.econbiz.de/10012663532
Venäjän öljyn tuotanto ja vienti kasvoivat vuonna 2022 edellisvuoteen verrattuna. Vienti EU-maihin supistui jonkin verran, vaikka venäläiseen raakaöljyyn kohdistuvat tuontirajoitukset tulivat voimaan vasta joulukuussa. Raakaöljylle löytyi kuitenkin korvaavia markkinoita Aasiasta....
Persistent link: https://www.econbiz.de/10013548668
The gas price shock has been a major contributor to inflation in Germany. In this context, Dullien and Weber (2022a, b, c) proposed a two-tier pricing scheme for natural gas in the spring of 2022 that lowers the price for a base quota through a subsidy while maintaining high market prices on the...
Persistent link: https://www.econbiz.de/10014334675
Persistent link: https://www.econbiz.de/10014334678
antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics … including its cartel culture. Our analysis disentangles the effects of traditional antitrust regulation and the leniency program …
Persistent link: https://www.econbiz.de/10010325912