Economics of Natural Gas Storage

A European Perspective

Inbunden, Engelska, 2009

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Beskrivning

Within the context of an evolving global market for natural gas and restructuring efforts in the European market, natural gas storage is an important element. Providing additional flexibility, promoting competition, and enhancing supply security are crucial elements for natural gas sector liberalization. Gas storage in Europe has come to the center of attention mainly due to very cold temperatures in winter 2005/06 and the price increases during that time period, especially in the UK. This book aims at uncover four main topics: the development of commercial storage; access regulation, capacity allocation and market power; storage and security of gas supply.

Produktinformation

Utgivningsdatum:2009-02-12
Mått:155 x 235 x undefined mm
Format:Inbunden
Språk:Engelska
Antal sidor:116
Förlag:Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
ISBN:9783540794066

Utforska kategorier

Energiteknik inom Naturvetenskap och teknik
Energiindustri inom Ekonomi och Ledarskap

Recensioner i media

From the reviews: "The book introduces new applications of economic models to describe the enlarged playing fields of gas storage operators in the competitive market. ... The book is a collection of four articles by different authors and each targets a specific sub-task in the competitive market ... . This book is definitely an important step in analyzing the complex task of storages in the gas market ... . suggested to readers that are interested in the more technical background and theory of modelling the natural gas market." (Bastian Schwark, Competition and Regulation in Network Industries, Vol. 10 (4), 2009)

Innehållsförteckning

Gas Storage in Europe: Toward a Market-Oriented Approach.- Expected Vs. Observed Storage Usage: Limits to Intertemporal Arbitrage.- Natural Gas Storage and Market Power.- The Regulation of Access to Gas Storage.- Gas Storage and Security of Supply.- Final Remarks and Policy Recommendations.