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New England is at the leading edge of an energy transition in which natural gas is playing an increasingly important role in the US electricity generation mix. In recent years, the region's wholesale natural gas and electricity markets have experienced severe, simultaneous price spikes. While...
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Natural gas plays an important role in the future development of electricity markets as it is the least emission intensive fossil generation option while additionally providing the needed flexibility in plant operation to deal with intermittent renewable generation. As both the electricity and...
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Producers or consumers faced with an increase in taxes are usually able to shift parts of it to other levels in the value chain. We examine who is actually bearing the burden of increased energy taxes in the EU-area - consumers or exporters. Traditional tax incidence theory presumes spot...
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The role of gases in the energy transition is a different, and much more immediate, issue in the EU, compared with other global regions. Net zero targets for 2050 mean that in order to retain the gas market and the extensive network infrastructure which has been developed, zero carbon gases will...
Persistent link: https://www.econbiz.de/10012416184
Natural gas plays an important role in Europe. It is a bridging technology for the transition of the electricity system … and has also a significant potential to reduce CO2 emission in the mobility and heating sectors. Nevertheless, Europe is … production in Europe also declines. Thus, European import dependency persists. An important supplier of natural gas is Russia …
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This study aims at presenting the legally, technically, and economically empowered suggestion for a clear definition of a competitive market of gas fuels and electricity of a Member State in order to be utilized within trans-border trade of these utilities, as required by the European Union (EU)...
Persistent link: https://www.econbiz.de/10012131576