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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...
Persistent link: https://www.econbiz.de/10011399311
subsidies, and how changes in Russian gas consumption may affect its gas export to Europe. We also examine the importance of … Russian pipeline capacity to Europe, as well as impacts of hypothetical changes in Russian gas export behavior. For this … purpose, we use a detailed numerical model for the energy markets in Europe and Russia - LIBEMOD. Our results suggest that …
Persistent link: https://www.econbiz.de/10010533092
Over the last decade decarbonisation has become a key priority for the EU. However, on the contrary of renewable energy or energy efficiency, the role of gas in this process has never been clearly defined. This uncertainty opens a wide debate on the future role of gas in the EU energy system,...
Persistent link: https://www.econbiz.de/10011376948
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...
Persistent link: https://www.econbiz.de/10013320876
revolution” in Eastern Europe. First, international companies such as Shell, ExxonMobil or Chevron withdrew from Poland and … obstacles for commercial shale gas production within Europe, compared to the US, are very high. In this paper, the Global Gas …
Persistent link: https://www.econbiz.de/10014109317
Large parts of the existing natural gas distribution networks must be decommissioned due to the decarbonization of the heat supply. However, there are neither regulatory nor economic incentives for the gas network operators to do so and delaying the decommissioning could be expensive for the...
Persistent link: https://www.econbiz.de/10014506695
Europe, East Asia, and the United States and most of the supplies have came from domestic sources and others nearby in the …
Persistent link: https://www.econbiz.de/10014165864
This paper is the first to discuss the design of futures hedging strategies in European natural gas markets (NBP, TTF and Zeebrugge). A common feature of energy prices is that conditional mean and volatility are driven by seasonal trends due to weather, demand, and storage level seasonalities....
Persistent link: https://www.econbiz.de/10010479020
Europe. However, DIW Berlin analyses show that the planned pipeline project Nord Stream 2 is not necessary to secure natural … gas supplies for Germany and Europe. The energy consumption forecasts on which the project is based, especially the EU … Reference Scenario, significantly overestimate natural gas demand in Germany and Europe. On the supply side, there will be no …
Persistent link: https://www.econbiz.de/10011869413
natural gas within Europe. We use the Global Gas Model (GGM), a large-scale mixed complementarity representation of the …
Persistent link: https://www.econbiz.de/10010358860