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Multiple gas dependencies have evolved in terms of imports (sources), exports (markets) and transit of gas, both among the post-Soviet countries as well as between the post-Soviet countries and countries outside the post-Soviet space. To a significant extent, these dependencies are based on the...
Persistent link: https://www.econbiz.de/10012983499
The aim of this paper is to examine the environmental impacts of shale gas, conventional gas and coal on air, water, and land in the United States. These factors decisively affect the quality of life (public health and safety) as well as local and global environmental protection. Comparing...
Persistent link: https://www.econbiz.de/10014171594
the global natural gas market. Market players include producers, traders, pipeline and storage operators, LNG liquefiers … pipelines and constraints imposed by long-term contracts in the LNG market. The Base Case results of our numerical simulations … show that the rush for LNG observed in the past years will not be sustained throughout 2030 and that Europe will continue …
Persistent link: https://www.econbiz.de/10014195980
This paper analyzes the role of storage for economies facing the risk of a gas supply disruption. We characterize the optimal/competitive transitory dynamics (accumulation, drainage and target stock). We partially relax the irreversibility hypothesis, by extending the model in two directions:...
Persistent link: https://www.econbiz.de/10014222555
The purpose of this paper is the comparative analysis of four natural gas storage valuation approaches. In competitive natural gas markets the optimal valuation and operation of natural gas storages is a key task for natural gas companies operating storages. Within this paper, four spot based...
Persistent link: https://www.econbiz.de/10014040622
Poland entered the twenty-first century with an unsustainable energy/electricity mix, strongly over-dependent on coal. This situation seems to be changing very slowly, while there are multiple factors that make it imperative for the issue to be urgently addressed. On the one hand, this paper...
Persistent link: https://www.econbiz.de/10014111107
supply security, nor to make a return on investment; projects of new LNG terminals on the shore of the German North Sea …
Persistent link: https://www.econbiz.de/10014094071
A broad literature highlights efficiency gains due to cost reduction after privatizations in the energysector. However, to the best of our knowledge, this literature does not develop general equilibriummodels, which are fundamental to account for post-privatization gains from a regional...
Persistent link: https://www.econbiz.de/10014446468
Building on a model of the interaction of risk-averse firms that compete in forward and spot markets, we develop an empirical strategy to test whether oligopolistic firms use forward contracts for strategic motives, for risk-hedging, or for both. An increase in the number of players weakens the...
Persistent link: https://www.econbiz.de/10014044941
form of liquefied natural gas (LNG). Changes in supply and demand in one economy can have an effect on prices around the … world. Thus, the 'LNG revolution' is unfolding slowly. India has around 1.2 trillion cubic meters of natural gas reserves … cubic meters per year from domestic supplies and the rest from imported LNG, according to the India Hydrocarbon Vision 2025 …
Persistent link: https://www.econbiz.de/10014165864