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Erdgas spielt als Brücken-Energieträger beim Umbau hin zu CO2-ärmeren Energiesystemen in Deutschland, Europa und weltweit eine wichtige Rolle. In diesem Zusammenhang ist die Entwicklung der Erdgaspreise von großer Bedeutung, insbesondere im Verhältnis zum Konkurrenzrohstoff Kohle. Bis vor...
Persistent link: https://www.econbiz.de/10010327369
Natural gas is playing an important role in Germany, Europe, and around the globe as a bridge fuel in the transition toward lower-carbon energy systems. In this context, natural gas price development is very important, particularly in relation to its competitor, coal. Up until a few years ago,...
Persistent link: https://www.econbiz.de/10011128500
Over the period 2015–2050 the consumption of natural gas of European OECD countries is expected to grow more than the consumption of any other energy source. Although these countries are interconnected and in most cases share a common currency, their wholesale national gas markets are highly...
Persistent link: https://www.econbiz.de/10012897020
Over the period 2015-2050 the consumption of natural gas of European OECD countries is expected to grow more than the consumption of any other energy source. Although these countries are interconnected and in most cases share a common currency, their wholesale national gas markets are highly...
Persistent link: https://www.econbiz.de/10012395753
The seasonal demand for natural gas requires supply flexibility. This "swing" is now largely provided in northwestern Europe by indigenous production. Declining reserves will increase the dependency on imports from far-off sources, which are less flexible. Hence, flexibility must be provided by...
Persistent link: https://www.econbiz.de/10010264788
The seasonal demand for natural gas requires supply flexibility. This "swing" is now largely provided in northwestern Europe by indigenous production. Declining reserves will increase the dependency on imports from far-off sources, which are less flexible. Hence, flexibility must be provided by...
Persistent link: https://www.econbiz.de/10014057705
This paper examines whether there is a long run equilibrium relationship, and the short run dynamic adjustment of such a relationship between the retail prices of selected transportation fuels in the Midwest. The study uses monthly data for the period October 2006 to December 2013. The analysis...
Persistent link: https://www.econbiz.de/10011191209
Electric and natural gas are the two major sources of energy for residents of Washington State. Several states have adopted a policy whereby utility companies decide on the choice of mixes of resources by incorporating cost effectiveness, conservation and externalities. Externalities could...
Persistent link: https://www.econbiz.de/10005789245
We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using machine learning. The agnostic random forest approach that we use is able to reduce in-sample root mean square errors (RMSEs) by around 50% when compared to a standard linear...
Persistent link: https://www.econbiz.de/10013262773
The extractives industries are highly controversial but remain vitally important in much of the developing world. This paper considers their role in reducing energy poverty and discusses scenarios for the future of the global markets for oil, gas, and metals (emphasizing the increasing...
Persistent link: https://www.econbiz.de/10014525763