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In economic, technical and political terms, the security of energy supply is of the utmost importance for Europe. Alongside competition and sustainability, supply security represents a cornerstone of the EU's energy policy, and in times of rising geopolitical conflict plays an increasingly...
Persistent link: https://www.econbiz.de/10011851921
The construction of a second Baltic Sea natural gas pipeline from Russia to Germany (Nord Stream 2) is very controversial for political, energy economic, and ecological reasons. The project owner and some European energy companies argue that it is a profitable, private-sector investment project...
Persistent link: https://www.econbiz.de/10011869413
As a result of the Russian attack on Ukraine, natural gas prices skyrocketed in 2022 and Germany in particular felt the impact of its strong dependency on Russia. Prices have since relaxed, the European natural gas industry has overcome the uncertainty due to the energy crisis in 2022, and the...
Persistent link: https://www.econbiz.de/10014536119
We apply the EMF 23 study design to simulate the effects of the reference case and the scenarios to European natural gas supplies to 2025. We use GASMOD, a strategic several-layer model of European gas supply, consisting of upstream natural gas producers, traders in each consuming European...
Persistent link: https://www.econbiz.de/10014206833
This study analyzes issues related to "green", i.e. low-carbon electricity investment in Europe. While traditionally the focus of attention was on green transmission lines, it has become clear in the course of this study that even though high-voltage electricity transmission is an important...
Persistent link: https://www.econbiz.de/10010205477
The interdependence of electricity and natural gas is becoming a major energy policy and regulatory issue in all jurisdictions around the world. The increased role of gas fired plants in renewable-based electricity markets and the dependence on gas imports make this issue particular striking for...
Persistent link: https://www.econbiz.de/10011390695
In this paper, we present a detailed and comprehensive complementarity model for computing market equilibrium values in the European natural gas system. Market players include producers and their marketing arms which we call transmitters, pipeline and storage operators, marketers, LNG...
Persistent link: https://www.econbiz.de/10010264973
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