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electricity is low and net-availability and transport capacity high. Accounting for periods of gas specific pricing is relevant … prevalent in recent years, i.e., we find no evidence of underinvestment in capacity after deregulation. …
Persistent link: https://www.econbiz.de/10010212645
operators of storage facilities realize seasonal arbitrage profits, and that market performance overall is substantially …We analyze the relation between European natural gas storage facilities and price patterns at major trading points …, considering the theory of storage to derive a testable hypothesis imposed by the non-arbitrage condition. To model the efficiency …
Persistent link: https://www.econbiz.de/10010265029
America, Europe, and Asia. This paper provides evidence on the integration of the transatlantic natural gas market. We test … suggest an increasing convergence of spot prices on either side of the Atlantic Basin. -- Market integration ; spot markets …
Persistent link: https://www.econbiz.de/10003779207
We examine the degree of natural gas market integration in Europe, North America and Japan, between the mid 1990's and …
Persistent link: https://www.econbiz.de/10011439628
Persistent link: https://www.econbiz.de/10003843302
Persistent link: https://www.econbiz.de/10003007119
Persistent link: https://www.econbiz.de/10014495707
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America, Europe, and Asia. This paper provides evidence on the integration of the transatlantic natural gas market. We test …
Persistent link: https://www.econbiz.de/10014206834
assorted group of mainly smaller price drivers (such as local transport, storage, marketing costs or retail margins). This …As for any other fuels used for transport or heating, the gas price for final users could be split into three major … components: the wholesale price for the resource (including far distance transport by ship or pipeline), taxes and finally a …
Persistent link: https://www.econbiz.de/10011715415