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the market a decisive role in allocating resources. To have the market to play that role, getting the energy prices right … centrally planned economy towards a more market-oriented pricing mechanism, the pace and scale of the reform differ across … order to have the market to play a decisive role in allocating resources and to help China's transition to a low …
Persistent link: https://www.econbiz.de/10010403532
atmosphere because it was considered a by-product of oil due to lacking market conditions and processing capacity, today the … capacity, maintenance, and financial constraints. While historically natural gas has been disregarded or flared into the … development of a domestic market for natural gas is seen as a key priority to guarantee energy security and boost industrial …
Persistent link: https://www.econbiz.de/10011810461
Energy Price Reform in ChinaThe Chinese leadership has determined to assign the market a decisive role in allocating … resources. To have the market to play that role, getting the energy prices right is crucial because this sends clear signals to … away from the prices set by the central government in the centrally planned economy and towards a more market …
Persistent link: https://www.econbiz.de/10011850316
Persistent link: https://www.econbiz.de/10014343185
Since Russia's invasion of Ukraine, many countries have pledged to end or restrict their oil and gas imports to curtail Moscow's revenues and hinder its war effort. Thus, the European ministers agreed to trigger a cap on the gas price. To detect the importance of the price cap for gas, we...
Persistent link: https://www.econbiz.de/10014390297
strategies for securing the supply at the macro level, e.g. diversification in supply sources, increase in storage capacity, etc …
Persistent link: https://www.econbiz.de/10009234647
paper are overcome and -last but not the least- if the EU gas demand recovers and the EU market actually needs more natural …
Persistent link: https://www.econbiz.de/10010231710
, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and … produce commercial shale gas will have a crucial impact on the regional gas market and on China's energy mix, as Beijing … of water pollution deriving from mismanaged drilling and fracturing, absence of adequate regulation framework and …
Persistent link: https://www.econbiz.de/10010203405
critical discussion of the market opportunities and geopolitical risks related to the potential emergence of a new Eastern …
Persistent link: https://www.econbiz.de/10009704923