A transition of the Bolivian power sector towards a renewable energy dominated system has been inhibited by a series of laws and policies including heavy subsidies for power generation using domestic natural gas. Within this context, alternative techno-economic scenarios are designed based on...

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 of the natural gas market, we apply two indirect...