Some economics of seasonal gas storage

We propose a model of seasonal gas markets which is flexible enough to include supply and demand shocks while also considering exhaustibility. The relative performances of alternative policies based on price caps and associated measures or tariffs are discussed. We illustrate with structural estimates on US data how this theory can be used to give insights into the intertemporal incidence of policy instruments.

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Year of publication:	2008
Authors:	Villeneuve, Bertrand ; Creti, Anna ; Chaton, Corinne
Institutions:	Université Paris-Dauphine (Paris IX)
Subject:	US \| Energy policies \| Gas storage

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Extent:	application/pdf
Series:	Economics Papers from University Paris Dauphine.
Type of publication:	Book / Working Paper
Notes:	Published in Energy Policy, 2008, Vol. 36, no. 11. pp. 4235-4246.Length: 11 pages
Classification:	Q41 - Demand and Supply ; Q48 - Government Policy ; Q43 - Energy and the Macroeconomy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010708401