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In a non-renewable resource market with imperfect competition, both the resource rent and current prices influence a large resource owner's optimal supply. New information regarding future market conditions that affect the resource rent will consequently impact current supply. Bleaker demand...
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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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gas market until 2050. Three pathways of natural gas consumption in a future low-carbon energy system in Europe are … from Russia, Europe has to increasingly rely on pipeline exports from Africa and the Caspian region from where new …
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Gazprom, the dominant gas company in Russia, is widely believed to be the key supplier of gas to Europe in the … prices and sufficient production capacities are vital to maintain Gazpromś market share in Europe over the next decade. At … spot trades in Europe may encourage Gazprom to exercise market power in its export markets. …
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